Kuwait Financial Centre will adopt cloud based, mobile solutions for investment and asset management operations
SHARQ, KUWAIT, March 20, 2017 —Kuwait Financial Centre “Markaz” will utilise Yardi Voyager® 7S, the browser-agnostic and mobile-enabled Software as a Service platform along with Yardi’s Orion Business Intelligence.
“Implementing the right solution was extremely important to our business,” comments Hussein Ali Zeineddin, the Head of MIS & Operations at Markaz. “The Voyager platform will not only help us streamline our entire operation; the business intelligence functionality means we can access real-time analytics, inform strategies and enhance decision making.”
Markaz has earned a credible name for itself amongst the top performing fund managers in Kuwait due to its strong and consistent performance spanning many years. The company offers full-fledged services in asset management and investment banking. Asset management services offered by the company include Investment Advisory Services, GCC & International Investments and Private Equities. Markaz’s Assets Under Management (AUM) as of 31st December, 2016 is KD 935 million (USD 3.05 Billion).
“Yardi is pleased to provide Markaz with a platform to help manage such a highly regarded operation,” comments Neal Gemassmer, vice president of international for Yardi. “We are excited by the growth we are seeing in Kuwait which is testament to the investment we have made across the Middle East region.”
About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre “Markaz” was established in 1974, and has become one of the leading asset management and investment banking institutions in the Arab region. The company was listed on the Kuwait Stock Exchange (KSE) in 1997.
Markaz offers full-fledged services in asset management and investment banking. Asset management services offered by the company include Investment Advisory Services, GCC & International Investments and Private Equities. Markaz’s Assets Under Management (AUM) as of 31st December, 2016 is KD 935 million (USD 3.05 Billion). For more information, visit www.markaz.com.
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. For more information, visit: www.yardi.com/ae
Martin Gedny – Marketing Manager (Europe & Middle East)
+44 (0) 1908 308400