ITS took part in MEFTEC The Financial Technology Market–held for the Dubai International Convention & Exhibition Centre , right in the heart of Dubai’s bustling financial district. With a new exciting venue, an expanded Hosted Delegate Programme and stronger vendor participation, the 2012 edition was set to be the biggest and best MEFTEC yet.
After a successful run in Bahrain and Abu Dhabi, MEFTEC now went to Dubai, the commercial and financial hub of the Middle East, in its 8th successful year, MEFTEC is the world’s premier financial technology event for emerging markets, connecting IT decision-makers from the financial industry with leading-edge solution providers.
During the conference, ITS has showcased the new functionality of its ETHIX financial solutions. ETHIX financial solutions have assisted various banks and financial institutions to minimize their operational costs as responding to increased demands of customers for Islamic products and services.
ETHIX financial solutions are fully Shari’a compliant allowing financial institutes to create their own Shari’a compliant products.
Workflow, and processes. ETHIX is web services based solutions that offer services and functions of Islamic finance, Islamic investment, core banking, delivery channels, trade finance and other banking services, which in turn enhances the bank’s competitive edge.