Fidel signed MOU with AWRAAQ

28/12/2023

Fidel Softech Ltd (“Fidel”) & AWRAAQ Digital for Information Technology LLC (“AWRAAQ”), Saudi Arabia, recently signed an MOU to tap opportunities together in the Banking, Financial Services and Insurance (BFSI) domain in the MEA region.

“There is an increasing emphasis on tapping new technologies and digital transformation initiatives in the banking & financial services domain in the middle-east region. Companies are focusing on user experience, convenience as well as accessibility. AWRAAQ has been at the forefront of delivering cutting edge solutions and services to the industry. Its flagship block trading platform leads the industry and with this partnership with Fidel will further enable AWRAAQ to integrate its solution with brokers and build new solutions around it. “says Khalid Alruwaili, Director of AWRAAQ.

“Fidel has been providing Financial Information Exchange (FIX) connectivity services for some time and we see this partnership with AWRAAQ as an opportunity to increase the reach-out in the MEA region. Together with our consulting services and the last mile delivery in local languages, we will leverage our global experience and deliver world class services and solutions for the BFSI domain in the MEA region.” says Sunil Kulkarni, CEO of Fidel Softech Ltd.

Fidel and AWRAAQ looking forward for fruitful association to serve BFSI domain in future.

For more details on Fidel Softech Ltd, please refer to – www.fidelsoftech.com

For more details on Awraaq, please refer to – https://awraaq.com/

Ref. No – FN12231092