Register | Forgot password?
Switch to Arabic
Monday, December 7 - 2009

Astrolábe Group's banking software launched in the Middle East

  • United Arab Emirates: Tuesday, April 27 - 2004 at 16:00
  • PRESS RELEASE

South Africa-based Astrolábe Group, a leading provider of digital process automation software for businesses, launched its suite of financial software for the first time outside its home market at the on-going Channels banking forum in Dubai.

Article continues below
  • Theo Rees, Channel Manager, Astrolábe Group announces the launch of Astrolabe Group's banking software in the Middle East along with R. D. Pandian, CEO, Master Mind Technologies and Trevor Caddy, Regional Manager - Middle East, Business Objects ME
    Theo Rees, Channel Manager, Astrolábe Group announces the launch of Astrolabe Group's banking software in the Middle East along with R. D. Pandian, CEO, Master Mind Technologies and Trevor Caddy, Regional Manager - Middle East, Business Objects ME
Astrolábe's armat@ suite is a digital process automation solution, underpinned by enabling technologies, such as workflow, imaging and document management, facilitating the capture, classification, indexing, linking and verification processes involved in managing client-based information across an organisation.

"Astrolábe is to partner with Dubai-headquartered Master Mind Technologies for the distribution of their suite of financial service solutions throughout the Middle East," said Theo Rees, Channel Manager, Astrolábe Group. He added that Astrolábe will be working closely with Master Mind Technologies to target the market for their solutions in the region.

"We see the Middle East market as a critical base for the worldwide launch of our financial service solutions. This is a versatile offer delivering numerous benefits, as has been experienced by leading banks in South Africa. It can be adapted to cater for the specific needs of any financial services organisation."

Rees added that Astrolábe's participation in the ongoing banking forum has provided them with an insight into the regional market. "For example, with the mortgage industry in the UAE growing rapidly, there is a tremendous potential for Astrolábe suite of financial service solutions."

"Master Mind Technologies, a leading consulting and software solutions company with a reseller network spanning 12 countries in the Middle East, has plans to conduct a focused marketing campaign, which will include a roadshow to showcase the product to end users in the region," said R. D. Pandian, CEO, Master Mind Technologies.

"The promotional campaign will kick-off at a reseller event, which is being held in Dubai from May 10 to 11. The reseller meeting is being held in conjunction with Business Objects, the business intelligence leader worldwide, with whom we have partnered for the regional distribution of their software," Pandian said.

According to Rees, Business Objects is a logical choice for the integration and extraction of information from Astrolábe's financial services suite. "As a result clients now benefit from the bundling of both solutions in an all-encompassing service package from Master Mind Technologies."
Also consider reading:

Notes and media contacts

About Astrolábe Group
Astrolábe Group delivers advanced digital process automation solutions to the financial services industry. As originators of intellect, Astrolábe Group provides sophisticated technology to empower its customers throughout all of their business processes. All software components, designed armat@, can be utilized either as modular building blocks, or as complete business solutions for the financial services industry. The software is written in Java, allowing effortless integration into almost any legacy environment, thereby protecting current technology investments and significantly lessening the costs and risks associated with change.
Astrolábe Group's business solutions include:
-Identity management
-Automated account opening
-Cheque processing
-Client verification
-Aggregated transactional presentation and payment
-Mortgage origination

About Master Mind Technologies
Master Mind Technologies (MMT), a leading IT consulting company, provides end-to-end solutions for the intelligent enterprise. Established in Dubai, UAE, in 1999, MMT offers its partners and customers world-class solutions as master distributor and solution provider, as well as the compelling benefits of offshore development from its operation center at Chennai in India.

MMT's commitment to its reseller channel extends to the improvement of their knowledge base, enabling them to add newer, cutting-edge technologies to their services. MMT's offering focuses on enterprise and industry solutions in association with some of the global technology leaders in enterprise applications.

This press release has been issued on behalf of Astrolábe Group and Master Mind Technologies by Concept PR. For further information please contact: Synora Van Drine T: +9714 3903946/7 F: +9714 3904750

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions