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Sequretek announces the arrival of 50 cyber jobs in Little Rock

Sequretek, an India-based cybersecurity company with 450 employees, will open its US headquarters in Little Rock Tech Park and will employ 50 people over the next two years, 90% of whom will earn six-figure salaries.

Anand Naik, co-founder and CEO of the company, announced the decision on August 16 at the first VenCent Fintech Summit, a gathering of banking and information technology professionals sponsored by The Venture Center, a support organization to entrepreneurs based in Little Rock. “Fintech” stands for “financial technology”.

Naik said in an interview that the company is focused on threat detection, prevention and artificial intelligence. Positions will include analysts, programmers and data science engineers. Naik said the company has no plans to bring in talent from outside the country beyond what is needed to transfer knowledge.

“Most will be local, and I hope I can find as many talents here,” he said.

Created in 2013, A suite has more than 130 customers in Asia and 15-20 customers in the United States. Customers include banks and financial and retail institutions, Naik said. The company has a data center in Little Rock and employs about four or five people there and about 10 people in the United States.

“We already have an office in New Jersey, where we plan to locate, but then we made the decision here. … For me, as a new entrant to the US market, finding a state that supports us, that is willing to consider our global ambition and provide all the economic and other support that is needed, it made sense , ” he said.

Sequretek was part of the FIS Fintech Accelerator Program 2020 cohort sponsored by The Venture Center and FIS. He returned to Arkansas to participate in the ICBA ThinkTech Accelerator, another fintech program sponsored in part by The Venture Center. Accelerator programs support start-ups with mentorship, capital, networking and other services.

Organizers said the VenCent Summit, which runs Aug. 15-17, has attracted more than 450 attendees who get to see live product demos from 70 Venture Center accelerator alumni, as well as to hear presentations from experts in the field.

Naik made the announcement after a panel discussion featuring Governor Asa Hutchinson and Gary Norcross, President, President and CEO of the FIS. FIS is a financial technology company based in Jacksonville, Florida, originally founded in Arkansas as Systematics in 1968. Norcross said that when he joined the company in 1988, it had a figure $200 million in business, and now she’s got $15 billion.

Norcross said FIS invested in the acceleration program because it could not make all the necessary investments in the industry on its own. He said the company invested $1.2 billion in technology last year. She also formed a venture capital firm and deployed around $150 million through venture capital investments in early stage startups.

Hutchinson said the state originally invested $1 million a year in four acceleration programs and now there are about eight. This is the seventh FIS Fintech Accelerator cohort. Since its inception, more than 80 alumni companies have graduated, 94% of which are still active or have been acquired.

“That’s probably the highest throughput in an accelerator I’ve ever heard of in any city in any state,” Norcross said.

The governor noted that eight alumni have located businesses in Arkansas as a result of their participation in the program.

In addition to the direct economic return, Hutchinson said an even greater value has been the enhancement of Arkansas’ reputation “as a place where early-stage tech companies can come and have talent and have opportunity.” investment and market opportunities here. And so my goal when I started was for Arkansas to be seen as a micro-hub of tech companies.

Hutchinson tied technology acceleration programs to his education initiative that made Arkansas the first state to require computer science to be taught in every high school. Since the program’s inception, Arkansas has grown from 20 teachers certified to teach computer science to more than 650, and from 1,100 students taking a computer science class each year to more than 12,500. It has also become the one of three states to require students to take a computer science course in order to graduate from high school.

The governor said when he launched the initiative, he traveled to Silicon Valley in California and asked tech companies, including Facebook, to come to Arkansas.

“They loved our computer science program and they said, ‘Let’s just recruit your talent here,'” he said. “And I said, ‘Adios. That’s not what I had in mind. And that’s why we’ve developed a greater technological presence here.

He said Arkansas cannot have a thriving tech environment without entrepreneurial startups. He said the COVID-19 pandemic is bringing new opportunities. Her grandson got a degree in computer science, wanted to work in gaming, and now works for an out-of-state company, but does it remotely while living in Arkansas.

In other cases, the governor was asked by an audience member about his future political plans. He said he would decide in January whether to run for president.

“We just need common sense leadership both on national security issues but also on how we deal with civility in politics these days, and I want to focus on problem solving and not just about chaos. … I’ll tell you, at 6 a.m. this morning, I was on New Hampshire radio,” he said to applause.

He then told reporters he was speaking on a conservative radio show where he was asked about the FBI raid on President Trump’s home and the tax cuts passed in last week’s special session in the United States. ‘Arkansas.

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