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Middle East & Africa Misys Tour To Discuss Growth Strategies For AED 1.5 Billion UAE Banking Sector
Published Jan 11, 2011
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Misys, the world’s best selling trade finance system provider, will discuss best practices and advanced IT solutions for financial trade and retail, wholesale and universal banking during its ‘Misys Open Minds 2010 ,2011 forum taking place at the Hotel Intercontinental in Dubai Festival City.
The exclusive knowledge forum is the 7th leg of a 10 nation, five month Middle East and Africa tour which began in October 2010 in Kenya and ends mid February 2011 in Ethiopia. Other participating countries include Nigeria, Lebanon, South Africa, Egypt, the Kingdom of Saudi Arabia, Jordan, and Angola. The Dubai sessions will discuss innovative banking solutions for enhanced competitiveness, customer focused transaction banking and Treasury as a Service.
UAE is currently the Gulf’s largest banking market,” states Roy Froud, Director Middle East & Africa, Misys. “To maintain that leading position, financial institutions based in the Emirates have to ensure they are capitalising on the latest innovative technologies and processes. Open Minds will provide valuable insights into the future of banking and how high growth can be achieved through innovation. It will also demonstrate how state of the art trade and banking solutions from Misys can help participants to focus on their core business, achieve greater efficiencies, and implement and maintain robust and reliable IT infrastructures.
Total assets of domestic banks in The UAE rose to AED 1.55 billion in July 2010 with deposits during the same period rising to the highest level in 12 months. These indicate increased confidence and stability for the Emirates’ financial sector.
Misys relies on over 30 years of thought leadership to create and deliver integrated solutions for the banking, treasury and capital markets sectors. Its services cover retail, corporate and universal banking, trade finance and Islamic banking. Misys systems are used by more than 1,200 customers across the globe, including the world’s top 50 banks.
About Misys plc:
Misys plc provides integrated, comprehensive solutions that deliver significant results to financial services organisations. We maximise value for our customers by combining our deep knowledge of their business with our commitment to their success.
Misys is a market leader banking and treasury & capital markets, with over 1,200 customers, including all of the world’s top 50 banks. Misys employs around 3,500 people who serve customers in more than 120 countries.
We aspire to be the world’s best application software and services company, delivering results for the financial services industry throughout the world.
Misys: experience, solutions, results.
For more information:
Orient Planet PR & Marketing Communications
P.O. Box 23345, Dubai UAE
T: +971 4 3988901
F: +971 4 3988941
E: media@orientplanet.com
W: www.orientplanet.com
Posted by
VMD - [Virtual Marketing Department]
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