Path Solutions bags two Global Banking & Finance Review Awards

Path Solutions , a leading software provider of Sharia-compliant integrated solutions and services for the Islamic financial services industry, today announced that it has been selected winner of the highly respected 2013 Global Banking & Finance Review Awards in the categories “Best Islamic Banking Technology Provider Middle East & GCC 2013” and “Best Islamic Banking Technology Provider 2013”.

The Global Banking & Finance Review Awards recognize companies which are prominent in particular areas of expertise within the financial world. The awards comprise a wide range of categories and cover areas related to Banking, Asset & Wealth Management, Insurance, Compliance & Advisory, Corporate Governance, Project Finance, Islamic Finance, Technology, Corporate Social Responsibility and others.

“We are honored to have been selected as Best Islamic Banking Technology Provider in 2013 both regionally in the Middle East & GCC and also worldwide. Winning in both categories is truly amazing news and a powerful validation for Path Solutions ‘ progressive and inspirational role in the developments taking place within the global Islamic financial community”, said Mohammed Kateeb, Path Solutions ‘ Group Chairman & CEO. “This recognition also demonstrates our company’s strong focus on the segment and further solidifies its place as the undeniable global leader in our industry”.

“The Global Banking & Finance Review Awards’ competition was extremely competitive this year and all of the finalists should be highly commended”, said Wanda Rich, Editor Global Banking & Finance Review . “In 2013, the process required detailed scrutiny. The rigorous process included evaluation across specific criteria, together with comprehensive peer recognition. Path Solutions won this year because of their outstanding achievements and commitment to Islamic banking technologies”, she noted.

Named the most successful and well-established company in the history of the industry, Path Solutions focused on designing and developing pioneering Sharia-compliant software solutions and services to specifically address the needs of the Islamic finance sector, a phenomenon that has inspired many newcomers. Only last week, Path Solutions has won the 2013 ACQ World Bank Award in the ‘Core Banking System Provider of the Year – Islamic Finance’ category for its significant contributions that have made honourable impacts to the field.

About Path Solutions
Kuwait-based Path Solutions is a multi-award winning Islamic banking software house specialized in the provision of integrated solutions and services to the Islamic financial marketplace. The company offers a wide range of IAS-compliant integrated solutions covering Core Banking, Customer Service Management, Investment Banking, Fund Management, Treasury and Trading in GCC and Global Capital Markets.

Path Solutions ‘ flagship product, iMAL is built on open architecture, offers low cost of ownership and uses established standards such as HTTP/S and XML. It is also available as a Model Bank implementation, with best practice processes built-in.

Path Solutions sharply focus on building quality and excellence in its product development, delivery, deployment, training and support processes. The company has over two decades of experience in combining knowledge of banking markets worldwide with deep expertise of how technology is best applied in rapidly changing, highly demanding large-scale environments.

Path Solutions prides itself on the quality of products and services it offers. All of its business lines are certified as ISO 9001 compatible. Learn more about Path Solutions (www.path-solutions.com)

About Global Banking & Finance Review
Global Banking & Finance Review is an online portal, which has evolved from the growing need to have a more balanced view for informative and independent news within the financial community.

With experienced industry journalists providing up to the minute coverage on Banking, Foreign Exchange, Brokerage, Funds, Islamic Finance, Project Finance, Wealth Management, Corporate Governance, Merger & Acquisitions, Tax and Accounting, Technology, CSR Activities and others all under one global umbrella, the Global Banking & Finance Review is read in over 200 different countries. Its readership includes Presidents, CEOs, CFOs and senior decision makers within Fortune 500 companies, major banks, financial institutions, central banks, and individuals interested in financial markets and news. Learn more about Global Banking & Finance Review www.globalbankingandfinance.com

About Global Banking & Finance Review Awards
Since inception in 2011, the Global Banking & Finance Review Awards reflect the achievements, contributions and innovations taking place within the global financial community. Created to recognize companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world, the awards have evolved and grown to include those in Banking, Foreign Exchange, Insurance, Hedge Funds, Pension Funds, Compliance & Advisory, Corporate Governance, Brokerage & Exchange, Project Finance, Binary Options, Investment Management, Technology, Asset & Wealth Management, Islamic Finance, Exchange Traded Funds, Real Estate, Corporate Social Responsibility and other areas.

For more information on the awards, please visit http://www.globalbankingandfinance.com/global-banking-finance-review-awards-2013/

*This press release was published by Zawya.com. Read the original post here.

Path Solutions , a leading software provider of Sharia-compliant integrated solutions and services for the Islamic financial services industry, today announced that it has been selected winner of the highly respected 2013 Global Banking & Finance Review Awards in the categories “Best Islamic Banking Technology Provider Middle East & GCC 2013” and “Best Islamic Banking Technology Provider 2013”.

The Global Banking & Finance Review Awards recognize companies which are prominent in particular areas of expertise within the financial world. The awards comprise a wide range of categories and cover areas related to Banking, Asset & Wealth Management, Insurance, Compliance & Advisory, Corporate Governance, Project Finance, Islamic Finance, Technology, Corporate Social Responsibility and others.

“We are honored to have been selected as Best Islamic Banking Technology Provider in 2013 both regionally in the Middle East & GCC and also worldwide. Winning in both categories is truly amazing news and a powerful validation for Path Solutions ‘ progressive and inspirational role in the developments taking place within the global Islamic financial community”, said Mohammed Kateeb, Path Solutions ‘ Group Chairman & CEO. “This recognition also demonstrates our company’s strong focus on the segment and further solidifies its place as the undeniable global leader in our industry”.

“The Global Banking & Finance Review Awards’ competition was extremely competitive this year and all of the finalists should be highly commended”, said Wanda Rich, Editor Global Banking & Finance Review . “In 2013, the process required detailed scrutiny. The rigorous process included evaluation across specific criteria, together with comprehensive peer recognition. Path Solutions won this year because of their outstanding achievements and commitment to Islamic banking technologies”, she noted.

Named the most successful and well-established company in the history of the industry, Path Solutions focused on designing and developing pioneering Sharia-compliant software solutions and services to specifically address the needs of the Islamic finance sector, a phenomenon that has inspired many newcomers. Only last week, Path Solutions has won the 2013 ACQ World Bank Award in the ‘Core Banking System Provider of the Year – Islamic Finance’ category for its significant contributions that have made honourable impacts to the field.
-Ends-

About Path Solutions
Kuwait-based Path Solutions is a multi-award winning Islamic banking software house specialized in the provision of integrated solutions and services to the Islamic financial marketplace. The company offers a wide range of IAS-compliant integrated solutions covering Core Banking, Customer Service Management, Investment Banking, Fund Management, Treasury and Trading in GCC and Global Capital Markets.

Path Solutions ‘ flagship product, iMAL is built on open architecture, offers low cost of ownership and uses established standards such as HTTP/S and XML. It is also available as a Model Bank implementation, with best practice processes built-in.

Path Solutions sharply focus on building quality and excellence in its product development, delivery, deployment, training and support processes. The company has over two decades of experience in combining knowledge of banking markets worldwide with deep expertise of how technology is best applied in rapidly changing, highly demanding large-scale environments.

Path Solutions prides itself on the quality of products and services it offers. All of its business lines are certified as ISO 9001 compatible. Learn more about Path Solutions www.path-solutions.com

About Global Banking & Finance Review
Global Banking & Finance Review is an online portal, which has evolved from the growing need to have a more balanced view for informative and independent news within the financial community.

With experienced industry journalists providing up to the minute coverage on Banking, Foreign Exchange, Brokerage, Funds, Islamic Finance, Project Finance, Wealth Management, Corporate Governance, Merger & Acquisitions, Tax and Accounting, Technology, CSR Activities and others all under one global umbrella, the Global Banking & Finance Review is read in over 200 different countries. Its readership includes Presidents, CEOs, CFOs and senior decision makers within Fortune 500 companies, major banks, financial institutions, central banks, and individuals interested in financial markets and news. Learn more about Global Banking & Finance Review www.globalbankingandfinance.com

About Global Banking & Finance Review Awards
Since inception in 2011, the Global Banking & Finance Review Awards reflect the achievements, contributions and innovations taking place within the global financial community. Created to recognize companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world, the awards have evolved and grown to include those in Banking, Foreign Exchange, Insurance, Hedge Funds, Pension Funds, Compliance & Advisory, Corporate Governance, Brokerage & Exchange, Project Finance, Binary Options, Investment Management, Technology, Asset & Wealth Management, Islamic Finance, Exchange Traded Funds, Real Estate, Corporate Social Responsibility and other areas.

For more information on the awards, please visit http://www.globalbankingandfinance.com/global-banking-finance-review-awards-2013/

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