Awards
Winners Of WealthBriefing MENA Awards for Excellence 2020

Best Transaction Processing Solution
FINARTIS
Our judges’ winner offers a unique combination of streamlined
processes across a very wide range of activities from client
onboarding, with automated KYC and AML checks. The judges were
impressed with their winner’s rule-based workflows which automate
front-to-back office activity on all asset classes including
traded instruments, derivatives, FX, loans, deposits as well as
alternative investments.
Best Onboarding Solution
Fenergo
Judges were particularly impressed that their winner has
developed a Remote Account Opening Solution that allows Banks to
digitally onboard clients; this is particularly useful in
pandemic times. Its intelligent rules-driven solution provides
companies regulatory proof ensuring that compliance across all
frameworks including KYC, AML, FATCA and global OTC derivative
rules, and the SFTR in 100 jurisdictions.
Best Compliance/Regtech Solution
Fenergo
Judges said that their winner’s solution encompasses a
sophisticated regulatory rules engine, an advanced workflow tool,
and entity data and document management features leveraging AI.
This intelligent rules-driven solution provides companies with
regulatory proof ensuring that compliance across all frameworks
including KYC, AML, FATCA and global OTC derivative rules, and
the SFTR in 100 jurisdictions. This really impressed our judges.
Most Innovative Wealth Management Client Solution
Tradesocio
The judges said that their winner is using the most innovative
solutions to develop the best-end client services. “Their robot
advisor and SMA solutions is a true reflection that the
innovation is within their DNA,” said one. Another judge said:
“This company seems to have an innovative solution, albeit only
being a recent entrant. It is a young and growing company in the
region and has all the signs of doing well.”
Best Client Reporting Solution
Masttro
The judges were fulsome in their praise of their winner in this
category. The adoption of AI and machine learning technology to
enhance its reporting solution set it apart from the competition.
One judge said of their winner, “ liked their military level
security, total transparency and intergenerational tool.” The
judges said that another positive was that their winner had been
formed by UHNWIs as they fully understand the clients.
Best Client Accounting Solution
Fundcount
Their winner’s integrated solutions are industry leading in their
field, said one judge in congratulations. “Demonstrates a strong
pedigree of a transparent and detailed accounting system that can
deal with the complexity of the private wealth industry,” said
another. Overall the judges were full of praise for their
winner’s entry.
Best Client Communication Solution
SS&C Advent
Judges were impressed by what they said were “proactive and
multi-disciplinary communication solutions”. They went on to say
that the company has built a reputation for extremely adaptable
client portals which transcend the clients’ point of access from
desktop to mobile. The judges were also impressed by that fact
that many of the systems are interactive which is important for
communication. They also drew attention to an impressive list of
UAE clients.
Most Innovative Overall Fintech Solution
Profile Software
Our judges noted that despite being present in the market for
many years, their winner keeps developing innovative solutions
for clients using AI technology or state of the art cloud
services. “Its elegant responsive design combined with an
out-of-the-box dashboard deliver the ability to have numerous
panels, layouts and workflow management functionalities on any
device, providing a dynamic modern environment to the user,” said
one judge, echoing the general level of praise heaped on our
winner by the panel.
Private Client/Consultancy Categories – MENA
Best Trust Company
Intertrust
The winner’s huge investment in technology via acquisition caught
our judges attention. Through it, our winner has created
solutions for some of the main frustrations regarding the
automation and combining of data while always maintaining the
highest levels of security and adhering to regulatory and
governance rules. This was amply demonstrated by an excellent
submission which the judges rated very highly.
Best Legal Advice Provision for UHNW individuals, Families or
Wealth Managers
Al Tamimi & Company
According to one of our judges, their winner is “the go to law
firm in the Middle East, setting standards and constantly working
with the industry to provide the best outcomes.” Another was
impressed by the diverse lawyers serving all the MENA region.
“Good examples of work done benefitting clients,” said another.