Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Refinitiv Partners With DDCAP Group To Provide A Fully Integrated Treasury Trading Workflow For Sharia'a-Compliant Transactions
 

Dubai, UAE, November 22, 2018:   Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, has signed a partnership agreement with DDCAP Group (“DDCAP”), a leading provider of asset facilitation and trade execution services, to offer financial institutions a fully integrated treasury trading workflow for Sharia’a-compliant transactions.  

The partnership provides clients in the banking and finance sector with a joint value proposition for Sharia’a-compliant transactions that supplements the functionality of Refinitiv’s treasury trading platforms with DDCAP’s real-time trade execution and post trade services platform, ETHOS AFPTM.

“The Refinitiv Islamic Deal Adapter, developed on Eikon Open Platform, is a treasury trading platform for Sharia’a-compliant transactions that allows customers to fully automate their Islamic deal workflow. DDCAP is the leading treasury and capital markets intermediary in the Islamic Financial Services Industry and this partnership will bring our respective technologies together in order to offer clients a unified and integrated workflow,” said Nadim Najjar, Managing Director, Middle East & Africa, Refinitiv. 

“With the integration of the Islamic Deal Adapter and DDCAP’s ETHOS AFPTM, we will be able to provide an efficient, single solution to the Sharia’a-compliant institutional marketplace for trade execution,” added Najjar.

Stella Cox CBE, Managing Director of DDCAP said “We are delighted to be working with Refinitiv on this innovative and ground-breaking development.  We are constantly investing in our systems technology, with the objective of enhancing and improving our services to our clients. Our strategic partnership with Refinitiv will allow the delivery of a single seamless transaction solution to the Sharia’a-compliant institutional marketplace.  We believe this will result in significant trade execution and operational efficiencies for our clients.”

DDCAP is a leading market intermediary in the Islamic financial services industry, providing structuring support and value-added services to connect the global Islamic financial market responsibly across a diverse range of products and asset classes, including treasury, capital markets, fund management and consumer banking. 


Posted by : Dubai PR Network Editorial Team
Viewed 8552 times
PR Category : Banking & Investments
Posted on : Thursday, November 22, 2018  3:06:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrep...
Next Story : FERG celebrates 10 years of commitment
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Ferragramo Cuir [16580-Views]
Heritage Corum Lab 01 Collection [14548-Views]
3 Essential Styles You Can't Go Without This Summer' [14170-Views]
SPORT TECH 40 MM' [13926-Views]
'Rado Captain Cook Automatic Limited Edition with Travel Case' [13670-Views]
Schneider Electric Improves Flexibility & Energy Savings with Extended Line of PowerLogic ... [9272-Views]
Tonda 1950 Skeleton'' [7899-Views]
A year on the road: Saudi Women Create First Women's Car Club in the Kingdom [7625-Views]
Ralph Lauren Presented with an Honorary UK Knighthood [7332-Views]
Extensive range of exclusive M Performance Parts further enhance the BMW M8 Coupé and Conv... [7283-Views]
DarkMatter Group Calls for Improved Vigilance as UAE's Cyber-threat Landscape Reaches Crit... [7027-Views]
Minuetto [7003-Views]
Forcepoint X-Labs Reveals How Cognitive Bias Leads to Reasoning Errors in Cybersecurity [6978-Views]
Absolute New York – Makeup for the Unique and Modern [6905-Views]
Crushing on cushion at PAN Emirates [6887-Views]
58 Days of Summer Fun Begin at Modhesh World on Friday [6716-Views]
Add a touch of gold to your skincare regimen for glowing results [6496-Views]
M Performance Parts for the all-new BMW X3 M and BMW X4 M [6436-Views]
Innovation for a Better Planet [6350-Views]
Ford Edge Rolls into UAE Showrooms with ST Performance Credentials and Segment-First Tech,... [6234-Views]
Reduce Your Wrinkles Night After Night! [6198-Views]
The Hottest Summer Beauty Picks of 2019 [5966-Views]
Luminous Locks Product Round Up [5710-Views]
Three new models in 2019 as MG Motor's Middle East expansion gains momentum [5484-Views]
Corum Golden Bridges [5392-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories