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OFFTEC announces strategic partnership with Polaris Financial Technology Limited

: Tuesday, July 01 - 2014 @ 14:17

OFFTEC, a subsidiary of OFFTEC Holding Group, has announced its strategic partnership with Polaris Financial Technology Limited (Polaris), a global financial technology leader for banking, insurance and other financial sector organizations, offering specialized solutions for retail, corporate, and investment banking.

By virtue of the partnership, OFFTEC provides the banking sector with an extensive range of Polaris’ financial technologies such as Treasury, Loan Origination, Collection, Cash Management and Custody, among other premium solutions that fall under Polaris’ ‘Intellect’ product suite.

“This partnership is closely aligned with our strategy to provide customers, particularly the local banking sector, with the latest banking solutions and systems adopted around the world. We have supplied several Jordanian banks with Polaris’ systems, and have established a group of highly qualified OFFTEC staff who are specialized in analyzing the diverse requirements of banks, implementing Polaris’ systems and extending technical support on their cutting-edge solutions,” commented OFFTEC’s IT Solutions General Manager Moyed Haddadin.

In turn, Polaris’ Levant & North Africa Regional Director Mohammad Abdulmoniem stated, “We are proud to have partnered with OFFTEC which is a leading provider of innovative services and solutions within the fields of business and technology. We are confident that through this partnership, we will be able to effectively deliver top-notch banking solutions to the local market, especially given the fact that Polaris’ ‘Intellect’ product suite can be easily integrated with existing banking systems adopted in Jordanian banks. Today, Polaris’ ‘Intellect’ products are regarded among globally preferred banking solutions in retail, corporate and transactional banking.”

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Tuesday, July 1- 2014 @ 14:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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