Profile Software, a leading investment management solutions, is expanding in the Middle East and Africa (MEA) region with a legacy of well-established firms as its clients as well as new banks and investment firms selelcting its award-winning wealth management solutions - IMSplus.

 

In addition, the company has hired new people to support its offices and expands its partnership network, said a statement.

 

The firm's IMSplus platform has been selected for the comprehensive coverage of fund, asset and wealth management as well as family office operations by leading Middle Eastern Financial Institutions including banks, following international vendor assessments. 

 

IMSplus has been enhanced to meet the diverse needs of financial services organisations that require advanced investment management operations. 

 

It has been selected and is being implemented in a large investment bank and specialised fund manager in the UAE, in an asset management firm - part of a well-known bank, in Qatar, in a joint stock investment company in Saudi Arabia, in an investment bank in the UAE, as well as other financial services firms (insurance firms and family offices) in Bahrain and the UAE.

 

To effectively support its expanding client base, Profile Software has established a centre of excellence and support for the MEA region and continues to staff its offices with expert and knowledgeable professionals with vast industry experience in the financial services and in the IT sector. 

 

The company is realising its business plan and moving to new offices that will efficiently accommodate the expanding regional needs with more employees in the area who are being headed by an experienced management team.

 

Furthermore, Profile Software is investing in building profitable and long-lasting partnerships with local Integrators who have demonstrated a successful path in the financial industry and appreciate the drive for innovation inherent in the company. 

 

A vast majority of Profile Software’s new partnerships are in the MEA region. 

 

This will further support regional team efforts and the company’s commitment in delivering comprehensive solutions to its clients via the expertise of local and established firms, said the statement.

 

Local efforts will be further enhanced with marketing actions via the participation in regional and specialised events that would highlight the company’s range of solutions and recognised platforms. - TradeArabia News Service