Optial names Gulf running-mate

Intertec Systems has been named master distributor for the majority of the Gulf region by risk and compliance management solutions provider Optial.

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By  Julian Pletts Published  September 13, 2008

Intertec Systems has been named master distributor for the majority of the Gulf region by risk and compliance management solutions provider Optial.

Based in Dubai, Intertec is a supplier of credit and market risk and anti-money laundering solutions to the banking industry and according to Optial was a natural partner to introduce its solutions to the Middle East.

Naresh Kothari, managing director, president and founder of Intertec says that due to the introduction of credit and market risk practices in the region this is the ideal time to provide the banking community with Optial’s operational risk management platform, which includes its “out of the box” offering, SmartStart.

“The achievement of AMA status by one of Optial’s existing customers is further testament to Optial’s overall capability and specifically its extensive workflow functionality,” proclaimed Kothari. “Partnering with Optial will help us to become a leader in providing these financial enabling solutions.”

Chris O’Brien, CEO at Optial, says signing Intertec to cover the UAE, Qatar, Oman, Bahrain, Kuwait and India is part of a concerted effort to expand the company’s focus in the Middle East. According to Optial, it was Intertec’s reputation for delivering quality solutions and pro-active customer relationships that made it an ideal partner to lead its charge.

“With active proposals already submitted to a number of banking organisations, Intertec have already proved their ability to create opportunities for Optial,” concluded O’Brien.

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