More NewsBlominvest Saudi Arabia Live with Enterprise-wide Investment Accounting System

Blominvest Saudi Arabia Live with Enterprise-wide Investment Accounting System

Lebanese investment firm Blominvest Saudi Arabia has gone live with Thomson Reuters Portia, an enterprise-wide investment accounting system.

Portia is a robust platform that supports specific regional needs including: accounting and transaction processing requirements, Shariah compliance, performance measurement, attribution and client reporting. In addition, flexible integration to third party systems is supported with the ability to report in English and Arabic to meet the demands of both clients and local regulators in the Middle East.

Phillip Dagher, chief operating officer (COO) at Blominvest Saudi Arabia, said: “We chose Thomson Reuters Portia for its scalability, broad functionality and proven success in live environments. The open architecture and flexible system allows for a more centralised approach to transaction processing and data management, which greatly increases our efficiency.”

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi