Path Solutions in 7th MEFTEC in UAE

June 1, 2011 - Islamic banking solution provider, Path Solutions took part in MEFTEC held for the first time at ADNEC Abu Dhabi on May 30-31st. Featuring more than 500 hosted delegates and 100+ exhibitors, MEFTEC has become the flagship event of the finance and IT society, gathering over 300 CIOs from 25 countries. It brings together financial technology leaders for a bespoke learning, networking and business experience that blends an industry-leading conference with a tightly focused trade show and high-class social functions.

During the conference, Path Solutions has showcased the new functionality of its iMAL 12 solution, the best-in-class software system for Islamic banking. “iMAL 12 Islamic banking and investment system has been successfully utilised by a number of Islamic banks and financial institutions in a number of countries”, explained Rosie Kmeid, Global Head – Corporate Communications & Marketing at Path Solutions. “The latest version contains over 400 system enhancements from our 70+ customers spread in the different countries. It has been certified for usage with the latest technologies such as Windows 7, Sybase 15, and Sybase clustering”, she said.

The competitive edge of the solution is the focus on improving Islamic financial operations, offering a unique value proposition to Islamic financial institutions worldwide. Path Solutions has successfully implemented the respective solution and is now further enhancing the out-of-the-box functionality to satisfy the business needs of an ever-evolving Islamic banking sector.
To know more about MEFTEC, please visit http://www.meftec.com/meftec11/index.php