Path Solutions, the leading provider of Islamic core banking systems is delighted to announce that it has been qualified for the GoodAccredited 2013 standard from UK-based ‘Systems in the City’. This standard is allocated to qualifying systems and service suppliers for the regulated financial markets which meet specified criteria.
Commenting on the announcement, Stephen Pinner, Managing Director of independent financial services consultancy Goodacre, said “We have received a record number of applications for accreditation this year. This emphasises the increasing importance and integrity of the process. The accreditation criteria is tough and not all firms pass the test. However those that have are to be congratulated”.
The first firms to qualify for the GoodAccredited 2013 standard were announced on May 14th. For the second year in a row, beating industry rivals, Path Solutions was among the few multinationals to be qualified for the GoodAccredited standard and the only Gulf-based Islamic IT firm to gain such prestigious recognition for its commitment to delivering high-quality products and services and ensuring best practices in IT.
‘Systems in the City’ web site is a source of reference for FSA authorised companies researching computer services, systems, datafeeds and third party clearing. ‘Systems in the City’ is maintained by Goodacre, the leading specialist consultancy firm operating within the financial services sector. Goodacre advises many firms on systems selection and is often called upon to project manage implementation requirements.