Dubai-based SHUAA Capital is the leading financial services organization in the Gulf Cooperation Countries (GCC). It has a regional presence in the GCC and Turkey, and it is the largest investment banking institution in the UAE by market share, with total client assets under management in excess of US $4 billion. SHUAA Capital was named âBest Equity House in the UAEâ by Euromoney in its 2007 and 2004 Awards for Excellence.
âAdvent offers functionally rich, robust and cost-effective software solutions that meet our operational requirements,â said Samer Hamwi, Chief Information Officer of SHUAA Capital. âAs we expand our footprint in the GCC and beyond, we are confident that Advent is a solid technology partner.â
âWe are thrilled that SHUAA Capital has opted to expand its relationship with Advent,â says HÃ¥kan Valberg, Senior Vice President and General Manager, Advent Software EMEA. âHaving one of the largest asset managers in the region choose Advent to meet its current and future infrastructural requirements, demonstrates our ability to support institutions in the region. As our Middle Eastern client base continues to grow, Adventâs investment in products and local presence in the region will continue to be a top priority,â concluded Valberg.