Objectives


Setting-up of FTME comes as part of the strategic business expansion plans of Financial Technologies Group. Middle East operations are targeted to provide complete technology solution suite to the mushrooming financial services industry in this region. This region has taken various forward looking and visionary steps to boost the regions financial markets and to position itself as one of the leading financial hubs of the world. Strategic Government initiatives like the financial free zones are attracting best in breed global financial institutions to set-up their operations in this region. Presence of a vibrant and strong energy sector along with growing demand for Islamic finance products is giving this region some of the highest per capita statistics in the world.

Over the last decade, Dubai has emerged as one of the most attractive trading destination across the globe. Understanding the nerve of the global players and with a foresight on globalization, Dubai has created a world-class infrastructure to catalyze the growth of the region by attracting global investments. With strong presence of the major fortune 500 companies, Dubai has become the third largest re-export centre in the world. The systematic approach of the Government to build and support the complete value chain of the trading cycle in each and every sector has lead to accelerated growth in the economy.

FTME will cater to the growing needs of the regional exchanges, clearing corporations, brokerage houses, financial institutions and banks. With its strong line of technology products and its ‘Proof of Concept' in form of DGCX, FTME aims to position itself as the most preferred technology partner of financial services industry of Middle East.

FTME has set-up a full fledged marketing, sales and support centre for deployment of its solutions and services and providing support to the customers. It has already deployed the technology at Dubai Gold & Commodities Exchange, its clearing corporation – Dubai Commodities Clearing Corporation and their members.  FTME has its solutions and services suite ready for the members of other regional exchanges as well.