About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Finastra Wins Investment Platform Deal with KAMCO

Subscribe to our newsletter

Financial systems provider Finastra has been chosen ahead of five competitors to provide Kuwait-based investment company KAMCO with a single software platform that will integrate all the company’s asset management operations.

Finastra’s Fusion Invest product will support KAMCO as it aims to scale up its business, extend asset class coverage and expand the range of investment solutions it offers. KAMCO says Fusion will provide automated workflows, consistent data and accurate risk analytics. Through the integrated Insight micro service, KAMCO portfolio managers will be able to give investors increased visibility of their assets and associated risk scenarios on the go.

Finastra won the KAMCO contract in a competitive pitch against five other solution providers. Fusion Invest was chosen based on its ability to support KAMCO’s growth plans through its core functionality, and its capacity to increase automation, reduce costs and boost collaboration across the organisation.

Khalid Owaida, head of IT at KAMCO, says: “Fusion Invest provides us with the scalability and functionality we need to expand our business, enhance our performance and also support our hedging and risk management capabilities. We view Finastra as a strategic partner.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

S&P Builds Private Markets-Trained AI Document Search Tool for iLevel Platform

S&P Global Market Intelligence has expanded its private markets data and technology platform iLevel with the addition of AI Document Search, a module that is built on large language models (LLMs) trained specifically to aid participants in the fast-growing alternative assets sector. The new tool enables general partners (GPs), who manage funds on behalf of...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Preparing For Primetime – How to Benefit from the Global LEI

They say time flies when you’re enjoying yourself, and so it seems the industry have been having a blast with its preparations for the introduction of the global legal entity identifier (LEI) next month. But now it’s time to get serious. To date, much of the industry debate has centred on the identifier itself: its...