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Maveric Systems bags “Best Banking Technology Partner” Award

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At the 14th Annual Banker Middle East Industry Awards, instituted by CPI Financial, Maveric Systems has announced that it has won an award for the “Best Banking Technology Partner”.
This award recognizes Maveric’s expertise in core banking, Islamic banking, retail, brokerage, trade finance, credit cards, treasury and cash management, in the Middle East.

Ranga Reddy, CEO & Co-Founder, Maveric Systems, said, We are delighted to win this award. We owe this honour to the continued support and encouragement of our esteemed clients in the region. The Middle East market will be very critical to our transformation and growth as a provider of IT Lifecycle Assurance. Banks and financial institutions in the Middle East see IT as a strategic tool and follow best-in-class benchmarks. We now look forward to partnering clients across their entire IT lifecycle, from ‘requirements-to-release’. In FY ’14, we expect 50% of our revenue to come from the Middle East market.

K. Subramanian, Senior Vice-President – Middle East & Africa, Maveric Systems, said, Maveric has a strong presence across UAE, Saudi Arabia, Qatar, Kuwait, Jordan, Oman, Bahrain and Lebanon. Between 2004 and 2013, Maveric has been engaged in more than 80% of the transformation projects in the region. Our domain expertise coupled with IP capability has been our mantra in delivering 100% successful implementation for our clients. Maveric is committed to providing best-in-breed practices to our clients, thus partnering them in their journey to become more competitive.

Winners were selected from across the countries of the Middle East.