Breaking Headline

Liquidity Management as a Service

Published January 14th, 2009 - 12:37 GMT
Al Bawaba
Al Bawaba

Liquidity Management as a Service
 
Contracted liquidity in global credit markets and banking systems is one of the key contributors to the current crisis facing the global financial services sector.

In the Middle East, banks and financial institutions are now under tremendous pressure to tighten its financial belts. This means that IT spending and priorities are coming into focus.  In this scenario, Software as a Service (SaaS) is emerging as the definitive IT model for many financial institutions as they strive to lower operational costs to ensure a high return on investment (ROI).


Agile Financial Technologies, a Dubai-based SaaS provider, offers strategic software solutions developed specially for Insurance Management, Liquidity Management and Investment Management. With back office services set up in SAIF Zone and a Business Process Outsourcing (BPO) company in Dubai Outsource Zone, Agile's strategic intent is to serve enterprises in the BFSI (Banking, Financial Services or Insurance) sector delivering a combination of products and outsourcing services that allow its clients to focus on their core business. 

Kalpesh Desai, CEO for Agile Financial Technologies has several white papers and opinion pieces that address this issue on how SaaS can make a difference to banks and financial institutions in today's economy.