Rasmala, a London-headquartered independent investment manager, has selected IMSplus, an investment management platform from Profile Software, to improve operational efficiency, flexibility and competitive approach across investment management transactions.

With principal offices in the UK, UAE, Egypt, and Oman, Rasmala provides a wide range of investment management solutions to pension funds, family groups, corporations and government institutions.

Rasmala selected IMSplus to upgrade their asset management services following a company-wide makeover aiming to provide a wider choice of products to their clients as well as enhancing their client’s experience.

The implementation of IMSplus provides the group with the flexibility and modular approach to allow for transparent and competitive offering to their clients along with quicker time-to-market of new products.

Eric Swats, Head of Asset Management at Rasmala, said: “The upgrade of our asset management system will help us to effectively manage our asset and fund management operations incorporating trade order management, KYC and compliance tools, and reduce data and market risk. Thus, it will help us respond efficiently to our clients’ needs & requirements.”

Founded in 1990, Profile Software is an international solutions provider for the banking and investment management industry.

With offices in Europe, Africa and Asia, Profile is currently investing in its regional presence in the MENA region with new members at its local office as well as new offices to further and promptly support its customer requirements.