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PATH SOLUTIONS AWARDED THE UK GOODACCREDITED STANDARD FOR 2014

Path Solutions, the market-leading provider of Islamic banking software solutions and services to the Islamic financial marketplace, is proud to announce that it has been awarded the GoodAccredited Standard for 2014 by Systems in the City.

Systems in the City is maintained by Goodacre UK, a leading specialist business and technology consultancy firm working exclusively with regulated companies in the financial services sector. Path Solutions has secured the GoodAccreditation Standard for the fourth year running following an evaluation conducted by Systems in the City across a sample of the company’s client base. The process assessed customer satisfaction across a number of system and service criteria. Only firms which meet high quality standards were granted this prestigious accreditation status.

Goodacre’s Managing Director, Stephen Pinner said, “Path Solutions has successfully passed a stringent assessment process and is to be congratulated. This international accreditation which is now widely recognized as a hallmark of the highest standard of excellence in the global financial services industry, once again highlights Path Solutions’ commitment to providing quality products and services as acknowledged and valued by its clients”.

Mohammed Kateeb, Path Solutions’ Group Chairman & CEO commented, “it’s pleasing to be amongst the first recipients of this accreditation which is further proof that Path Solutions continues to meet the high levels of expectations required by our clients, leveraging state-of-the-art Sharia-compliant technologies and services to help meet the complex demands of Islamic financial institutions worldwide”.

The use of effective technology within the financial services sector is vital to meet the increasing demands of users and to comply with modern legislative and regulatory requirements.

Founded in 1992 and building on over 20 years of experience, Path Solutions is well positioned to be the trusted IT partner of forward-thinking Islamic banks willing to capitalize on best-of-breed technologies. The company goes a step beyond traditional software vendors by delivering solutions designed to mitigate Sharia risk, optimize output and minimize costs, and which can be easily extended to support geographical and business expansion.

Details of the first firms to qualify for the GoodAccreditation Standard 2014 feature on the website: www.systemsinthecity.co.uk

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