Quantifind has opened its first Asia-Pacific office in Sydney, a move that puts the company on the ground in a region where regulatory pressure on banks is intensifying.

Alongside the new office, the company has built a dedicated regional leadership team headed by Qing Liu, who takes the role of general manager, Asia Pacific.

The decision comes in response to rising client demand across the region, with Quantifind planning to use Australia as both a base for supporting local financial institutions and a springboard into wider Asia-Pacific markets.

The Sydney launch forms part of the international push Quantifind outlined after securing a $200m growth investment led by Summit Partners. Citi Ventures, S&P Global, Deloitte and Stephens Group also took part in that round, which named Asia-Pacific, Europe and the Americas as priority markets.

Banks and other financial firms in the region are overhauling their financial crime functions as supervisors sharpen their focus on sanctions evasion, scams, mule networks, cross-border payments, customer due diligence and opaque ownership structures. Compliance teams are also struggling with a mounting workload, as the number and complexity of risk signals outpaces their capacity to review them.

Older rules-based and keyword-driven systems produce heavy volumes of false positives, which frustrate customers and divert investigators away from genuine threats.

Liu joins with extensive experience in AML/CTF, KYC, sanctions screening, third-party risk management and Australian regulation. She spent more than 12 years at Moody’s, latterly leading its Asia-Pacific solution specialists and industry practice leads, and was recognised as Compliance Leader of the Year at the 2024 Women in Banking and Finance Awards.

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