Sage to provide wealth management solution to EIB

Sage SA, a financial software solutions company specialising in wealth management, has just signed a deal with Emirates Investment Bank (EIB) in Dubai to provide the investment bank with its full Prospero Wealth Management solution to cover their front-to-back office requirements as well as General Ledger. Prospero is a highly flexible suite of financial solutions precisely fitted to the needs of specific segments of the financial services industry and covers all aspects of financial operations. It caters to each bank and financial institution’s unique needs allowing for its components to be implemented separately or as an integrated whole. Samer Ghosheh, IT director, EIB said: “We found that Prospero Wealth Management was one of the few software in the market that provided all of the functionality necessary to run our wealth management business across all asset classes, from front office to back office, including General Ledger.” “We at Sage understand that the name of the game after the financial crisis in the GCC has changed. Competition won’t wait for us. You have to think out of the box every day and step out to offer banks in the GCC a full-fledged wealth management software packed with the latest features,” says Fernand Rasetti, CEO at SAGE SA. From Gulftoday