National Technology Group, Saudi Fransi Capital partner

Saudi Fransi Capital has signed an agreement with National Technology Group (Mubasher), to launch a new generation of multi-market, multi-channel e-trading programs and services.

The agreement is in line with Saudi Fransi Capital’s strategy aimed at incorporating the most advanced technologies that provide multi-market channels for e-trading services, through mobile phones, Internet, various smart devices, and electronic banking channels, thus paving the way for a new era of electronic trading for users and Saudi investors who trade on the local market (Tadawul) and also the regional and international markets.

The new generation of Saudi Fransi’s trading system along with Mubasher’s e-trading facility will prove path breaking by offering high quality and unique solutions which support “End to End” multi-market and multi-channel online trading, providing a host of benefits such as client market watch lists and an effective market order management system.

Yasir Al-Rumayyan, CEO of Saudi Fransi Capital, says, “The superior platform is the essence of excellence in brokerage services that we offer. In line with the overall strategy of Saudi Fransi Capital for 2011 we are strengthening our platform in a highly focused manner, applying the excellence model, and hence selected Mubasher as a partner for this project.

The new generation of Saudi Fransi Capital e-services provides effective solutions which are not confined to order/executing management systems, but also by defining and delivering the right user experience as a highly available and comprehensive technical solution.

Mubasher with its relevant expertise as a stock market price and data provider and as a pioneer in providing e-trading services having first hand experience of dealing with investors, was the perfect choice for us.” Dr. Walid Al-Balla, managing director of Mubasher welcomed the partnership with Saudi Fransi Capital which provides highly innovative services demanded by investors, allowing greater choice for trading and multi-channel access, giving investors the opportunity to increase their investments in local, regional and international markets.