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Octaware Technologies Ltd.

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Octaware Technologies Walks Away with IFFSA Awards 2016


Octaware scores with IFFSA Awards 2016 as recognized "Technology Provider of the Year" for its notable work in the Banking and Finance industry

Mumbai, India, August 03, 2016 --(PR.com)-- ​​Octaware Technologies, one of the leading software product development and enterprise solution provider, today announced that they have been honoured with an award from Islamic Finance Forum of South Asia (IFFSA) at the IFFSA Awards 2016 in Colombo, Sri Lanka.

Octaware Technologies has been recognized as the gold category recipient for its work as Islamic Finance Technology Provider of the year. The award was received by Mr. Sajid Hameed, Director and Chief Operating Officer, Octaware Technologies Ltd., on 27th July, 2016.

IFFSA, proved to be a revolutionary event, rooted its maiden entry in the Islamic Finance conference circuit this year presenting the 1st Annual IFFSA Awards ceremony. Mr. Sajid Hameed took part in a panel discussion on the first day of the conference and contributed to the discussion under the theme of ‘Advances in Technology and its impact, or lack of it, in the IBF Industry’.

Octaware was conferred with ‘Technology Provider of the Year' in recognition for its work in Banking and Finance domain. Since its inception, Octaware Technologies has been working with the top Islamic Banks and Financial institutions of the Middle East region and produced successful works to name a few are Brokerage Management System, Real-time Messaging Middleware and Financial Information Regulatory Management System.

“We are honoured to be acknowledged by IFFSA 2016. Bagging this award exemplifies us as a distinguished Islamic Finance Technology Provider of the Year. It is great to see us stay relevant and outstanding from the competition,” said Mr. Aslam Khan, CEO, Octaware Technologies Ltd.

Mr. Khan added, “As IT service provider in the IBF domain we constantly strive to surpass client expectations resulting in better service as part of a long-term relationship with the clients. With this award, Octaware looks forward to delivering better IT services and is proud of being a part of the league that has contributed to the burgeoning growth of the IBF industry in the recent times.”

The IFFSA Awards ceremony was held on 27th of July 2016 at the Galadari Hotel, Colombo, Sri Lanka. The IFFSA Award for ‘Technology Provider of the Year' acclaims recognition to the company that has made the most significant impact in the area of Information Technology, specific to the Islamic Finance industry.

About Octaware

Octaware Technologies is a SEI-CMMI Level 3, ISO 9001:2008 & IEC 27001:2013 certified, software development, enterprise solutions and consulting firm known for excellent project management, exceeding expectations of customers and delivering high quality solutions. With offices in USA, Singapore, UAE, Qatar, Saudi Arabia, Nigeria and Zimbabwe and development centers in Mumbai and Pune, Octaware is dedicated to help clients improve their business productivity by building and implementing high-quality, comprehensive and cost-effective solutions to meet the client's business requirements.

For more information, visit www.octaware.com​

Forward-Looking Statements:
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "anticipate", "expect", "will" and similar expressions generally identify forward-looking statements. These statements reflect our current expectations and are subject to a number of risks and uncertainties including, but not limited to, change in technology and general market conditions. Actual results and developments may differ materially from those contemplated by these statements. Due to the many risks and uncertainties, Octaware cannot assure that the forward-looking statements contained in this press release will be realized.

The above-noted options may or may not be exercised. The factors identified above are not intended to represent a complete list of the factors that could affect the Company. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company does not undertake to update forward-looking statements, except where required by law.
Contact Information
Octaware Technologies Ltd.
Javed Shaikh
+91-22-28293949
Contact
www.octaware.com

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