Abhishek Jajoo: Unlocking Doors of Opportunities

The rise of digital technology has dramatically altered the landscape in the financial services sector. Given the speed of the digital transformation required by financial institutions, post-COVID-19, Abhishek Jajoo sensed the need of having a strong product-driven organization and started a regtech solution company named, REMITEX Technologies (DIGI). The company has found support from clients in GCC for their digital transformation.


A Mindful Leader

With a degree in MBA, MS (Finance), and ACAMS certification, Abhishek has an extensive international professional experience in IFRS 9 & 17, Risk Management, Compliance, and related regulations. Before beginning his entrepreneurial journey, Abhishek worked in banks and consulting firms, where he got the opportunity to hone his technical skills in his area of expertise. “With that confidence, I took a leap of faith to start a boutique consulting firm in 2018 called AJMS Global, which provides comprehensive and factual consulting experience to its clients,” asserts, Abhishek. Over the last few years, AJMS Global has grown into 5 countries with more than 100 employees and has been recognized as ‘Super-Brand-UAE 2020’.

Abhishek Jajoo
Abhishek Jajoo, Founder, Remitex Technologies(DIGI)

Leveraging years of professional experience, Abhishek has painted the canvass of his entrepreneurial journey with countless milestones. He says, “Our vision is to create a strong value proposition for the financial sector with our best in class services and further digitalization of customer life cycle management through our DIGI suite of products.”

He firmly believes that the primary focus to achieve this mission is by transforming themselves with the changing environment in fulfilling the needs of their clients. The management team at both AJMS & Digi through their continuous engagement with the client is focused on providing best in class solutions ensuring client retention of 95%.

He firmly believes that the primary focus to achieve this mission is by transforming themselves with the changing environment in fulfilling the needs of their clients. The management team at both AJMS & Digi through their continuous engagement with the client is focused on providing best in class solutions ensuring client retention of 95%.

The Journey of AJMS and Digi

Over the years, AJMS has supported its clients in the Banking, Insurance & Other Financial Institutions sector to achieve success and be compliant. The company has a strong team of professionals with over 300-man years of experience in the sector to ensure its quality. With its 95% client retention rate, AJMS has always focused on providing best in class consulting and has been focusing on providing support in the implementation of new regulations in the financial sector including IFRS 17, IFRS 9, Compliance Standards, Indirect Tax, ESR, etc. for its 200+ prestigious clients.

With time, the company has been growing steadily, increasing its footprint, revenue, and employees, especially in GCC countries. Abhishek has expanded its operations into 5 countries through the appointment of new partnerships, direct acquisitions, and continued its journey of being the preferred partner for regulatory consulting in GCC. The company has been increasing the revenues steadily over the last few years and the team of professionals has grown beyond 100 in the year 2020, a major landmark.

“At DIGI, also we have hired a team of professionals from banking and IT background, which provides cutting edge technological solutions to our financial sector clients,” asserts Abhishek.

Client at the Forefront

The outburst of the global pandemic crisis has led to increased uncertainty, risk, and volatility in the market. The crisis is reshaping the world and the challenges are immense. The ardent entrepreneur believes that digital infrastructure is the key to companies’ business continuity. Also, automation and new technologies will become increasingly common in the trade and production-related work. As a client-centric boutique consulting firm, Digi believes that there is a huge potential to help clients in minimizing the challenges and ensuring that it works to their advantage.

Abhishek has always promoted the highest standards of ethical standards and corporate governance throughout the team as a part of business conduct and has promoted a high level of compliance while delivering assignments for the clients. The team ensures 100% confidentiality in their dealings with the utmost professionalism in delivery. The values of the organization have been instilled in all Founding members, Partners, and employees, thereby ensuring client interest is always at the forefront.

With its strong professional team, the companies have been able to carve a niche in its delivery model and have been successful in becoming a preferred partner for more than 100 financial institutions and more than 200 organizations in GCC.

“We also believe that our human capital i.e. employees are our brand ambassador and that the knowledge sharing within the community we serve will help us stand in good stead,” affirms Abhishek.

Illuminating Budding Entrepreneurs

According to Abhishek, when an entrepreneur builds a brand from scratch, there are many challenges in the journey. The competition is real especially in the financial sector, which is dominated by strong brands with years of experience, newcomers face a challenge to convince the clients. He asserts, “With AJMS & its team, we have been able to work with many top financial institutions in the region and we still strive to achieve more in that regard.”

The one key aspect that Abhishek learned during his entrepreneurial journey is Patience. He advises, “I always feel that things will fall in line; we just need to keep putting our efforts and hope for the best. We should focus more on the process and creating a sustainable business model, which is why, even in the current situation due to the COVID-19, we have been sailing very strongly,” adds Abhishek.

“I expect people adaptability toward digitalization shall continue to evolve which shall bring efficiency and effectiveness in their business process and remove lacune if any,” concludes Abhishek.