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MoneyWare ranks 4th in the Islamic Core Systems category in the IBS Sales league table 2016

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November 2016

We are delighted to share with you that MoneyWare®, our flagship Wealth and Asset management solution takes the 4th position in the annual ranking of the Islamic Core Systems and takes the top position among the Wealth and Asset management technology providers in the IBS Sales League table 2016.

It is an honour to be rated as the top solution considering this being the first entry in the league tables. This accolade signifies are reach in the Islamic investment segment. This positioning reflects our commitment to serving Islamic financial institutions through providing cutting-edge technology solutions that are fully compliant with Shariah principles. In total, there are about 25 suppliers offering Sharia compliant solutions across core banking, Investment management segment, etc.

Recently in April, we have also been ranked 1st in the Private banking category of the IBS Sales League Table 2016.

Out of the 300 customers over 37 banks use MoneyWare® for their wealth and investment management business with 7 new customer wins added in the calendar year 2015 including 2 banks in the Islamic solutions. The Islamic league table captures those technology providers who offer Islamic solutions across the Banking and Financial services industry

The IBS Annual Sales League Table is universally acknowledged as the barometer for international core banking software market activity across the globe. The table is compiled each year from submissions of new name wins from each IT supplier, with the results for Islamic deals collated in IBS Islamic Sales League Table.

About IBS intelligence and IBS Sales League Table

IBS Intelligence and its flagship IBS Journal is the definitive source for independent, in-depth news, research and analysis of the financial technology market.

The IBS Sales League Table is universally acknowledged as the barometer for international banking systems sales activity. IBS verifies each submission; license renewals and extensions to the systems within a bank are excluded.

 

For more information, please contact:
Ms. Nithya Kalyani Mahesh
VP – Marketing & Alliances
Miles Software Solutions Pvt. Ltd.
801, B-Wing, Trade World, Kamala Mills Compound,
SP Marg, Lower Parel (W),
Mumbai – 400013, India
Tel: +91-22-66518400 x 478
Fax: +91-22-24970508
Email: nithya.mahesh@milessoft.com

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