Markaz Selects Yardi Voyager

Kuwait Financial Centre will adopt cloud based, mobile solutions
for investment and asset management operations

SHARQ, Kuwait–(BUSINESS WIRE)–Kuwait Financial Centre “Markaz” will utilise Yardi
Voyager® 7S
, the browser-agnostic and mobile-enabled
Software as a Service platform along with Yardi’s
Orion Business Intelligence
.

“Implementing the right solution was extremely important to our
business,” comments Hussein Ali Zeineddin, the Head of MIS & Operations
at Markaz. “The Voyager platform will not only help us streamline our
entire operation; the business intelligence functionality means we can
access real-time analytics, inform strategies and enhance decision
making.”

Markaz has earned a credible name for itself amongst the top performing
fund managers in Kuwait due to its strong and consistent performance
spanning many years. The company offers full-fledged services in asset
management and investment banking. Asset management services offered by
the company include Investment Advisory Services, GCC & International
Investments and Private Equities. Markaz’s Assets Under Management (AUM)
as of 31st December, 2016 is KD 935 million (USD 3.05 Billion).

“Yardi is pleased to provide Markaz with a platform to help manage such
a highly regarded operation,” comments Neal Gemassmer, vice president of
international for Yardi. “We are excited by the growth we are seeing in
Kuwait which is testament to the investment we have made across the
Middle East region.”

About Kuwait Financial Centre “Markaz”

Kuwait Financial Centre “Markaz” was established in 1974, and has become
one of the leading asset management and investment banking institutions
in the Arab region. The company was listed on the Kuwait Stock Exchange
(KSE) in 1997.

Markaz offers full-fledged services in asset management and investment
banking. Asset management services offered by the company include
Investment Advisory Services, GCC & International Investments and
Private Equities. Markaz’s Assets Under Management (AUM) as of 31st
December, 2016 is KD 935 million (USD 3.05 Billion). For more
information, visit www.markaz.com.

About Yardi

Yardi® develops and supports industry-leading investment and
property management software for all types and sizes of real estate
companies. Established in 1984, Yardi is based in Santa Barbara, Calif.,
and serves clients worldwide from offices in Australia, Asia, the Middle
East, Europe and North America. For more information, visit: www.yardi.com/ae.

Contacts

Yardi
Martin Gedny, +44 (0) 1908 308400
Marketing Manager
(Europe & Middle East)
[email protected]