May 18, 2010
DirectFN Ltd, popularly known as "Mubasher" and Netiks International Sal has entered into a Distribution Agreement whereby Netiks will be Mubasher's distributor for Lebanon and Syria. Under this agreement, Netiks will promote and support Market Information Screens and Market Information Feeds as well as a complete range of Capital Market software products developed by DirectFN.
"This arrangement will enable us to broaden and add value to our offerings to our
Clients," said Joe Abi-Aad, General Manager, Netiks.
Manjula Jayasinghe, Senior Executive, DirectFN Ltd. said, "We are excited about entering into this agreement. Netiks has a strong presence in Lebanon and Syria, which will give us an opportunity to take the market-leading screens and the brokerage technology to investors and brokers in these countries."
DirectFN is a wholly owned subsidiary of National Technology Group (NTG), one of the largest ICT companies in the Middle East, specializing in broad range of solutions including desktop information workstations, transaction systems and order management systems, and total end-to-end solutions. DirectFN™ products are branded as "Mubasher" and are deployed in some of the largest financial institutions across the Middle East and South Asia.
Netiks specialises in the development of online trading, Internet banking and CRM solutions. A Gold Certified Microsoft partner, Netiks is based in Lebanon with offices in Syria and France.
