Almoayed Group in association with IMaCS conducted a conference on â€œImplementing Basel II Accord for Credit Risk Management". The event highlighted the importance of integrating the risk management process in Banking & Financial sector and the need to comply with Basel II standards. The conference which was attended by 30 delegates from over 12 recognized BFSI companies in Bahrain, helped the participants to understand the challenges of Credit Risk and the benefits for planning and constructing the IRB compliant risk rating models. IMaCS team also demonstrated Risk Scorer System which is a credit risk solution for Basel II
Pictures from the Event
Almoayed Group and Paladion organized a conference on â€œInformation Security for Government Sectorâ€ at Diplomat Radisson SAS. 40 delegates from various Government and Ministries attended the event. The conference highlighted the importance of security management system for securing government IT infrastructure and emphasized the need of certifying the security with global standards including ISO 27001 and BS 25999.
Mr. Ahmed Almoayed handing over the certificate to Mr. Rasheed al Meraj Governor, Bahrain Central Bank (6th from left) and Mr. Rashid Al-meer Director General - PFC (4th from left)
Also in the picture : Mr. Pawan Mehta, Mr. Faisal Hassan with Dr. Fawzi Ameen (Under SecretaryTraining & Planning- MOH- 3rd from left) and Mr. Abdul Razzaq Mohammad (Director Management Information Directorate- PFC 7th from Left)
Pension Fund Commission 1st Government entity in Bahrain to achieve ISO 27001 certification
Pension Fund Commission (PFC) has recently been awarded the ISO 27001:2005 Certification for Information Security, making it the first government entity in Bahrain to achieve this. ISO 27001 is the globally recognized standard for protecting against information security risks and getting certified against this standard demonstrates high level of security maturity for an organization. The ISO 27001 standard has been implemented by PFC in partnership with Almoayed Group, the leading IT company in the Kingdom and Paladion Networks, a Globally acclaimed Information Security firm.
Mr. Ahmed Almoayed, Executive Director Almoayed Group said â€œThe pension fund commissionâ€™s commitment to serve the citizens of the Kingdom is commendable and compliance to the ISO 27001 will enhance the processes in the most efficient manner. Almoayed Group is proud to be involved in such a prestigious project and will look forward to serve other Ministries in the Kingdomâ€™â€™
Pension Fund Commission, Bahrain, was set up in 1975 with a single minded mission of â€œProviding Insurance Services to all Contributors and Beneficiaries in an effortless and efficient manner besides actively participating in the national economic & social well-being of the Kingdom of Bahrain.â€ Today, with the ISO 27001 certification in place PFC can effectively and securely manage the pension operation for over 50,000 employees, pensioners and beneficiaries that belong to more than 60 government agencies (civil and military) in the Kingdom of Bahrain.
Mr. Rajan Mohindra receiving SAGE Awards for Partners of the Year
Sage Awards Partners of the Year
Shares 2007/2008 business strategy; further expansions after Saudi , Bahrain
Dubai, UAE, 27th May 2007
Sage Software Middle East, the largest provider of mid-market end-to-end business software solutions of HRMS, ERP & CRM, today awarded its partners for their 2006-2007 achievements, a year that saw the company expand regionally with offices in Saudi Arabia and Bahrain. The Sage Middle East Partner Summit was attended by over 30 partners from across the GCC and Levant, as well as senior company representatives from the UK and US.
â€œSageâ€™s all new partner programs, new support strategy, and vision for the region is the main focus of the conference. With aggressive expansion plans we have a greater need today for our strong channel partnerships, and we recognize that our business growth and success is largely owed to their hard work and dedication 12 months of the year,â€ said Marc Van der Ven, Managing Director of Sage Software ME.
Per annual tradition, Sage handed out both â€œBusiness Partner of the Yearâ€ and â€œRising Star of the Yearâ€ awards, in the following product categories; Sage Accpac ERP, Sage CRM, Sage Line 500 ERP, ACT, and Sage Line 50.
click on award image to enlarge
The â€œBusiness Partner of the Yearâ€ award winners include the following:
- Sage Accpac ERP â€“ Fakhroo Information Technology Services
- Sage CRM- Triad Software Services
- Sage Line 500 ERP- OCS Infotech
- Sage ACT! â€“ Scan Technology
- Sage Line 50 - Software Solutions
- The â€œRising Star of the Yearâ€ award winners include the following:
- Sage Accpac ERP â€“ Triad Software Solutions
- Sage CRM â€“ United Business Applications
- Sage Line 500 ERP â€“ Almoayed Group
Sage also gave away awards to recognize Development Partners and Support excellence as follows:
- Development Partner of the year (International Achievement Award) â€“ SYSTRONICS
- Development Partner of the year â€“ Infinite Dimensions
- Support Partner of the year â€“ CATS
Zareh Tutunjian, general manager, Systronics, the Sage Development Partner of the Year â€“ International Achievement, said: â€œOur business strategy is to add value to our vendor relationships, and create more revenue generating opportunities by expanding the core Sage product benefits. Our expertise on Sage Accpac ERP product enables us to develop additional functionality around it and market this to Sage partners around the world. We are proud to receive this recognition from Sage, and we look forward to increased sales of our add-on products globally.â€
About Sage Software ME:
Sage Software offers leading business management software and services that support the needs and challenges of medium sized organisations. Its parent company, The Sage Group plc (London: SGE.L), supports 5.3 million customers worldwide. For more than 25 years, Sage Software has delivered easy-to-use, scalable and customizable software for enterprise resource planning, customer relationship management and human resources. Its products are used by a range of industries including Manufacturing, Wholesale Distribution, Trading, Banking & Financial Services, Transportation & Logistics, Telecommunications, Oil & Gas, Healthcare, Chemicals, Consumer Products, Defense & Security, High Tech, Government / Non-profit, Services, Retail, Utilities, Construction/ Real Estate and Education.
For more information, please visit the Web site at www.sage.com