ALMetrics and Kenzay provide ALM and Profitability Management expertise and solutions to financial institutions. The joint venture has been formed in response to the need of the UAE and GCC markets to deliver pragmatic and value-added services beyond the implementation of the state-of-the-art technology solutions.

The ever-growing global competition puts increased pressure on margins in financial institutions, demanding more from management to deliver sustainable performance. The risks and variables impacting on banks’ profitability are numerous and their interaction complex. Moreover, changes in technology and in credit, operational and market risk environments over the past few years have resulted in an evolution of risk management tools, techniques and processes. The resultant changes have been magnified by the pending introduction of the requirements of the new Basel Capital Accord.