{"id":2298,"date":"2010-09-07T07:28:01","date_gmt":"2010-09-07T07:28:01","guid":{"rendered":"http:\/\/www.sage.ch\/?p=2298"},"modified":"2018-02-02T16:24:04","modified_gmt":"2018-02-02T15:24:04","slug":"global-in-saudi-goes-live-with-sages-prospero-prospero-implemented-for-both-asset-management-and-wealth-management","status":"publish","type":"post","link":"https:\/\/www.finartis.com\/test\/global-in-saudi-goes-live-with-sages-prospero-prospero-implemented-for-both-asset-management-and-wealth-management\/","title":{"rendered":"GLOBAL in Saudi goes live with SAGE\u2019 Prospero. Prospero implemented for both asset management and wealth management"},"content":{"rendered":"<p><a class=\"external-link-new-window\" title=\"Opens external link in new window\" href=\"http:\/\/www.finartis.com\/\"><span lang=\"EN-US\">SAGE Group SA<\/span>,<\/a> the publisher of banking solutions<span lang=\"EN-US\"> specialized in the development of wealth and asset management systems<\/span><span lang=\"EN-US\">, is pleased to announce that <a href=\"http:\/\/www.globalinv.net\/\" target=\"_blank\">Global Investment House<\/a><\/span> (Global) in Saudi Arabia started the implementation of Prospero as its front- to back-office platform for its Investment Management arena. Global is a leading asset management and investment banking company in the GCC and MENA with offices across the Middle East. Global has successfully implemented some Prospero modules in its operations in Kuwait and decided this year to extend the use of Prospero in its office in Riyadh, Saudi Arabia. Global in Saudi manages and administers local funds and portfolios for High Net Worth clients in addition to offering its clients brokerage services in the Saudi Equity market.<\/p>\n<p><span lang=\"EN-US\">Global\u2019s Chief Information Officer, <b>Mr. Hakam Abu-Zarour,<\/b> stated: <i>\u201cProspero is a good fit for Global as it offers one Front- to Back- Office platform. This reduces our maintenance costs and operational risk while enhancing our productivity and efficiency to better service our clients.\u201d<\/i><\/p>\n<p>This is Prospero\u2019s first implementation in Saudi and it affirms SAGE\u2019 presence and commitment in the MENA region. <b>Mr. Tarek Hamdan<\/b>, SAGE Group SA\u2019s Chief Marketing Officer, adds: <i>\u201cThere is a significant demand in Saudi for a sophisticated tool on asset management and Prospero clearly answers to this need \u2013 even more than what is required.\u201d<\/i><\/p>\n<p><b>Mr. Patrick Rotzetter,<\/b> Head of SAGE Group SA\u2019s Business Development, adds, this success is an important milestone for SAGE. The\u00a0<\/span>Saudi market has seen a small slowdown in 2009 and is picking up this year. With this excellent reference, we will participate fully to the growth of the Saudi market. Global is a leading investment firm in the region, and we are delighted to extend the rollout of Prospero to other international locations of Global Investment House.<span lang=\"EN-US\"><\/p>\n<p><b><br \/>\nGLOBAL INVESTMENT HOUSE<\/b> (www.globalinv.net) is a Kuwaiti investment company that has grown to become one of the leading asset management and investment banking companies in the GCC and the wider MENA regions.<\/p>\n<p>Prospero is a product of <strong>SAGE Group SA<\/strong>, a software development company that specializes in servicing the global financial industry. SAGE is the reference in providing integrated, modular and innovative front- to back-office banking solutions. Its goal: <b>Help financial professionals to focus on what they do best\u2013managing money, not systems.<\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAGE Group SA, the publisher of banking solutions specialized in the development of wealth and asset management systems, is pleased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/posts\/2298"}],"collection":[{"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/comments?post=2298"}],"version-history":[{"count":5,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/posts\/2298\/revisions"}],"predecessor-version":[{"id":4488,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/posts\/2298\/revisions\/4488"}],"wp:attachment":[{"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/media?parent=2298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/categories?post=2298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finartis.com\/test\/wp-json\/wp\/v2\/tags?post=2298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}