Path Solutions Bags 7Th Award in 2013

Path Solutions, the global application software and services firm for the Islamic financial services industry, said it has won the 2013 ACQ World Bank Award in the ‘Core Banking System Provider of the Year - Islamic Finance’ category.

The ACQ World Bank Awards are designed to recognize industry leaders, eminent individuals, exemplary teams and distinguished associated service providers, which represent the benchmark of achievement and best practice in a variety of fields.

Having assessed the votes that have been cast by industry peers, Path Solutions was selected as an ACQ World Bank Awards 2013 category winner.

 “We gave the categories to 87,427 industry peers. Voting closed on Saturday 14th September. The total number of nominations received stood at an amazing 17,426 representing a 19.9% response rate. Path Solutions obtained the highest volume of nominations in its category”, commented Jake Robson from ACQ.

And he continued, “Votes were invited from subscribers to ACQ who were asked to consider their personal or institutional experiences when engaging with their chosen banking or IT partner and nominate who they feel to be “Best” in the categories highlighted on the voting form. While this award category was highly competitive, Path Solutions has demonstrated that its Islamic Core Banking System is best in class and it truly deserves recognition”.

Kuwait-based Path Solutions is a multi-award winning Islamic banking software house specialized in the provision of integrated solutions and services to the Islamic financial marketplace.

With over 20 years of information technology experience, the company has grown to be the world’s unbeatable core banking system provider for the Islamic financial services industry.

“We are especially pleased to be chosen as a category winner of ACQ World Bank Awards 2013”, remarked Mohammed Kateeb, Path Solutions’ group chairman & CEO.

“This prestigious and 7th award for this year validates the innovation and commitment we have made to the global Islamic finance industry. We’re excited to see our contributions leading to forward progress in the sector”.

The ACQ World Bank Awards 2013 poll aimed to reflect direct market share based on a number of criteria and voters could base their decisions on a variety of criteria, including pricing, customer service and reliability. In that sense, this poll is considered a reflection of how professionals view their banking or IT partners in terms of overall quality of service.

All winners of the ACQ World Bank Awards 2013 will be indexed within the featured 5 section of ACQ5.com.