Plexus receives the award for mutual fund industry application at P@SHA ICT awards 2010

26 October 2010

Plexus won the runner-up award at P@SHA ICT Awards 2010 in “Financial Industry Applications” category for its PlexAssets software catering to the mutual fund industry. P@SHA ICT Awards 2010 were held at Silver Bell, Royal Palm Golf & Country Club in Lahore on 8th October 2010. The winners and runner-up award winners were to represent Pakistan at the Asia Pacific ICT Awards in Malaysia.
The P@SHA ICT Awards, which are now in their 7th year, aim to provide recognition to software and service applications that have been developed in Pakistan, by providing companies an opportunity to gain local, regional and international exposure through on-going promotional activities

PlexAssets is a comprehensive business suite which provides complete business operation automation to mutual funds companies. Functional areas which are covered include front office investments, middle-office (Risk Management), Back Office (Settlements), Unit holder accounting, product / fund administration & integrated General Ledger.

The judges who were market experts from public and private sector analyzed the participant on attributes such as Technology, Innovation used in the Financial Application, the existing market share and potential to not only get a bigger slice but increase the over all size of the market pie, the strategy and business model used, applications requirement on user end, its compatibility and interoperability to judge its functionalities and features. Quality and application of Technology were used as criteria to examine the content and standards, products stability and reliability.

Finally how the whole offering was packaged and presented, Plexus has a vast experience in the field of mutual fund industry and has successfully deployed applications to several financial institutions in the market.

P@SHA is the voice of the IT industry in Pakistan and represents the entire industry both on national and international level. The P@SHA ICT Awards, which are now in their 7th year, aim to provide recognition to software and service applications that have been developed in Pakistan, by providing companies an opportunity to gain local, regional and international exposure through on-going promotional activities. P@SHA ICT awards are meant to acknowledge creativity, innovation and excellence in the Pakistan Information and Communication Technologies sector. In addition to that, P@SHA ICT awards have done well to highlight the talent and the most valuable technology assets that have been developed and launched out of companies in Pakistan.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development