Riyadh-based financial data science company Qarar launched DecisionSmart v5.1 and announced new partnerships during Money20/20 Middle East 2026.
The company said it signed a memorandum of understanding with LEAN to strengthen collaboration and explore innovation opportunities in financial services. It also signed a collaboration agreement with Sarj AI focused on combining artificial intelligence with decision intelligence to develop new solutions for the sector.
In a separate announcement, Qarar said it had signed an MoU with Itqan for Communications & Information Technology. The partnership will focus on electronic know-your-customer solutions and AI-driven customer data analytics, with the companies aiming to support more accurate and secure decision-making.
Qarar said DecisionSmart v5.1 is designed to use AI to accelerate work, automate tasks and simplify processes for financial institutions. The platform brings decision intelligence and AI capabilities together to support faster, more efficient decisions, according to the company.
Qarar showcased the new platform and its Smart Due Diligence solution at booth H1.T120 during the event.
Source: LinkedIn
