Tuesday , October 17 2017

Markaz to adopt cloud-based, mobile solutions for its ops

KUWAIT CITY, March 30: Kuwait Financial Centre “Markaz” announced that it will utilize Yardi Voyager® 7S, the browser-agnostic and mobile-enabled software as a service platform along with Yardi’s Orion Business Intelligence. Hussein Ali Zeineddin, Senior Vice-President, MIS & Operations at Markaz said: “Implementing the right solution was extremely important to our business.

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.” Nael Gemassmer, Vice-President of international for Yardi said: “Yardi is pleased to provide Markaz with a platform to help manage such a highly regarded operation. 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.” 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 Dec 31, 2016 is KD 935 million ($3.05 billion). Yardi® develops and supports industryleading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, California, and serves clients worldwide from offices in Australia, Asia, the Middle East, Europe and North America. For more information, visit: www.yardi.com/ae.

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