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Tsoura Kate / Tikhanoff Tatiana
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Profile Software expands its regional footprint in the Middle East with more clients, partners and expert local staff

New Implementations in the UAE, Saudi Arabia, Qatar, Bahrain

Profile Software announced today that is strongly expanding in the MEA region with a legacy of well established firms as its clients as well as new banks and investment firms selecting its award winning wealth management solution– IMSplus. In addition, the company hires new people to support its offices and expands its partnership network.

Particularly, Profile Software’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 organizations that require advanced Investment Management operations.

IMSplus 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 center 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.

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.

Profile Software’s leading investment management solutions have been continuously been awarded by international analysts with most recent recognition being "Best Wealth Management Software Provider – Europe 2015” by The Global Banking & Finance Review, the “Wealth Management Application for the Year” for Mobius Wealth by 2015 Technology Innovator Awards, the “European Financial Services Software Solutions Provider 2015” by the Corporate LiveWire Global Fund Awards and the “Best Technology Solution for Portfolio Management 2015” by Hedge Funds Awards 2015.