Core banking solutions on display at leading financial services exhibition

INTRACOM decision-makers will host an executive presentation as well as conduct on-site demonstrations of the company's PROFITS® integrated core banking solution, technically certified by Computer Associates worldwide. MEFTEC attendees are set to learn first-hand how PROFITS® can create a uniform front and back-office environment for branches, central departments and electronic banking channels, ensuring continuous real-time financial services operations on a 24-hour basis.

Staged in one of the region's leading financial capitals - Bahrain - MEFTEC is the only pan-Middle East international forum vertically focused on technology solutions for the financial services sector, and targets specialist financial services IT providers and top industry buyers, who are primed to purchase at the highest level.

'Prudent macroeconomic policies, along with key structural reforms have led to the rapid development of the regional financial sector. Our participation at MEFTEC provides the ideal opportunity to network with industry leaders while showcasing our innovative PROFITS® banking solution, enabling INTRACOM to build long-lasting regional partnerships,' said Stavros Vougas, managing director, INTRACOM Middle East FZE.

INTRACOM has steadily gained a reputation in the region for consistently providing cost-effective solutions to the region's most competitive industries and has an established track record internationally as a major banking solutions integrator.

'By strategically investing in the financial sector and incorporating best banking practices and state-of-the-art technologies in our software products, INTRACOM has stayed ahead of the competition. With an active presence in Europe for more than 14 years, our solutions have been tried and tested at some of the world's most prestigious financial institutions, greatly enhancing our credibility. We aim to achieve similar levels of success in the Middle East,' added Dimitris Plagiannis, General Manager, Banking and Finance, INTRACOM HQ.

INTRACOM's portfolio features a wide range of solutions for a multitude of banking functions including treasury and risk management, voice banking, ATM/Card management, workflow and output management, business intelligence and security and vulnerability assessment. Based upon contemporary methodologies and international quality standards (ISO 9001), the reliability and superior design of the software are guaranteed.

MEFTEC, which is taking place from November 22-24 2004 at the Bahrain International Exhibition Centre in Manama, will feature more than 90 exhibitors from 23 countries from the financial services industry, covering the complete front to back-office spectrum of cutting-edge IT products and services and specialised financial equipment.

INTRACOM will also be hosting a technical seminar at MEFTEC entitled 'Technology as an Enabler for complete Transformation'. This will address two of the major projects implemented by the company in large South Eastern European banks. Key topics that will be discussed at the seminar include critical success factors for complex banking systems implementation, in combination with the organizational and operational challenges leading to the complete modernisation of these institutions.

In addition to the conference, industry networking receptions are also being organized throughout the three-day event, providing financial services and technology leaders with an opportunity to forge vital contacts.