Wynyard Group, which develops crime fighting software and listed on the NZX last week, has acquired the customer contracts and intellectual property of MHA Gateway, a United Kingdom-based online anti-financial crime resource.
The purchase price has not been disclosed.
Wynyard said the acquisition was in line with its strategy of growing its global customer base, and would enhance its financial crime offering.
MHA Gateway helps financial institutions identify, evaluate and avoid business and regulatory risk through providing online tools, pre-formatted templates, policy checklists, best practice guides and country profiles, Wynyard said.
Chief operating officer Paul Stokes said Wynyard was investing aggressively in its sales and marketing capabilities to secure new customers and grow its business with existing clients.
