Gulf Bank goes live with Path Solutions' investment product

Gulf Bank has gone live with Path Solutions' investment product for its fund administration and transfer agency operations.


Path Solutions' technology allows fund administrators with operations in several countries to meet their registry and distribution requirements through a combination of multi-currency, multilingual, multi-entity and multi-instance functions.

"Due to the quick implementation time and ease of use, Gulf Bank will profit from a high user adoption and quick ROI," said Khaled Al Mutawa, general manager - international banking & investments at Gulf Bank. "We particularly appreciate the efforts of the Path Solutions team in the flawless implementation of the project including installation, workshops, training and UAT. The initial hours of preplanning were key to the successful completion of the project."

Gulf Bank is a Kuwait-based financial institution engaged in the provision of financial and investment services.

"Clients are looking towards using leading edge technologies with a very aggressive go live objective. Path Solutions provides enterprise-wide software solutions with rapid implementation cycles and shortened time to production," commented Osama Ezzeldin Mohamed Touny, SVP at Path Solutions. "Our system will help Gulf Bank reduce overall operational costs and enhance its ability to design innovative financial products while maintaining extreme performance."