GIC installs Biz$core for asset management
BI suite will help deliver ‘holistic view’ of investments
Gulf Investment Corporation (GIC) today announced completion of iCreate's banking business intelligence solution, Biz$core. The solution is designed around investment portfolio management and allows multi-tiered analysis of metrics based upon performance, position and compliance.
According to iCreate, the adherence of the Biz$core toolset to global investment performance standards (GIPS) was a significant factor in GIC's selection of the suite.
Hani Al-Shanks, GIC's head of IT said, "In iCreate we found the right kind of partner who was flexible and went the extra mile to deliver on our envisaged objectives."
Arun Ratra, Head of GIC's GMG Group added, "iCreate helped us gain a holistic view of our investments, using the dimensions of performance, position and risk, to enable informed decisions. iCreate unified the data from multiple platforms across various BUs to achieve this task."
Gulf Investment Corporation is owned jointly by the Gulf Cooperation Council (GCC) and was formed to foster regional economic growth and encourage economic diversification across the region.