Kuwait Financial Centre will adopt cloud based, mobile solutions for investment and asset management operations

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.”