Agilis Investment Management Suite powers Sidra Capital (DIFC)

Sidra Capital (DIFC) has implemented Agilis Investment Management Suite.

Agilis enables Sidra Capital to address its business needs better. In addition, Agilis has empowered Sidra Capital to ensure exemplary service levels and security to its clients, whilst enabling it to meet the compliance and audit needs of DFSA.

“We recognize the need to build a vibrant capital market that will support small to medium business in the MENA region with Investment Banking, Corporate Finance as well as Family Office solutions of both corporate and entrepreneurs. Our structure seeks to offer a hassle-free alternative for investors to tap capital markets,” said Ajay Arora, CEO Sidra Capital (DIFC).

The IT deal benefited Sidra Capital significantly as it can offer a single bank account, a single custodian to customers, while Agilis IMS takes care of accurately segregating and maintaining the clients’ accounts and clients’ assets.

The entire implementation was done in six weeks owing to the clarity in objectives of the Sidra Capital Core Team. Moreover, the deployment process was carried out remotely by Agile FT’s strong Development Centre in India.

“The implementation process which was completed in record time is an example of exemplary teamwork across both enterprises,” said Kalpesh Desai, CEO, Agile FT.

Meanwhile, Focus General Insurance (FGI) will deploy Agilis Core General Insurance , a general insurance solution from Agile Financial Technologies.

Agile FT’s insurance solution will cover FGI’s underwriting, claims management, reinsurance, accounting, etc. The general insurance company will also benefit from streamlined business processes and better operational efficiency.

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