STME gears up to target growing regional banking sector through its participation in FT Summit & Exhibition 2006

STME, who is one of the gold sponsors of the event, will be showcasing their entire range of solutions, in addition to taking an active part in the seminar that will be held alongside the exhibition.

During the FT Summit, Yasser Wardani, Director - Sales, STME will give a presentation titled 'Infrastructure decisions made easy', where he will highlight to participating IT executives, the elements to be considered while making decisions to invest in information infrastructure solutions. He will also demonstrate how industry experts can provide the required tools that will enable IT decision-makers make the right technology choices.

A presentation titled 'Business Continuity and Archival Solutions from STME' will also be given by Andrew Childs, Senior Manager, Presales, STME, to highlight the importance for companies in the finance and banking sector to invest in advanced data archiving solutions to ensure minimal data loss in the event of a disaster or in a compliance investigation scenario.

Jocelyn Al Adwani, Deputy CEO, STME, said,

'The FT Summit is one of the premier events of its kind in the region, bringing together leading senior decision-makers, CTOs and CIOs from the entire spectrum of the financial services technology industry. This makes the event an ideal platform for us to present our industry-leading solutions for the banking and finance sector, and to network with industry peers to explore business opportunities.'

'IT spending by banks in the Middle East has witnessed a significant surge, with most banks in the region choosing to upgrade their core banking system and IT infrastructure. Moreover, the growing emphasis on e-banking and the adoption of IT security systems by the finance sector in the region has meant that technology solution providers like STME have an opportunity to tap the unlimited market potential' she added.

FT Summit 2005 attracted 250 senior delegates from the financial services technology industry, including 70 per cent of the CIOs of the top 100 Arab banks. The main objective is to enable the IT vendors to reach the right people through multiple marketing channels, while providing an opportunity for CIOs of the financial industry to optimise the return on IT investment.

STME has successfully participated in some of the biggest IT events in the region, such as Gitex, FT Summit and Storage World Middle East, besides hosting Sanquest, an educational seminar designed for IT professionals responsible for making corporate technology decisions to store, protect and manage organisational data.

'We have a proven expertise in the banking sector which is evidenced by our impressive clientele made up of leading banks such as National Societe Generale Bank, National Bank of Dubai, Mashreq Bank, Emirates Bank, UNB, Bank Al Saudi Al Fransi and Saudi Arabian Monetary Agency to name a few. We look forward to leveraging the reach of the FT Summit to further our market presence in the regional banking sector,' concluded Al Adwani.