Datawatch Europe expand sales into Banking sector in the Middle East

Global report mining software house, Datawatch, announces a deal with Standard Chartered Bank in Dubai to supply its Monarch Pro report mining and data transformation software. Datawatch Europe has recently launched a permanent presence in the Middle East, opening an office in Dubai. The company has already provided the latest version of its bench mark Monarch Pro software to new customers in the region, either directly or via Distribution.

Standard Chartered Bank first came to the region in 1958, with its first branch in Sharjah. It is an international bank, focused on the established and emerging markets of Asia, Africa and the Middle East with an extensive global network of more than 600 offices in over 50 countries.

Dubai has developed to become the administrative banking hub of the Middle East and South Asia Region. After some 140 years of international banking, what has evolved into Standard Charter Bank enjoys the position of having the most extensive branch network among foreign international banks in the Emirates, with 7 branches.

Rob Graham, Product Manager for Datawatch Middle East, confirmed: "Standard Chartered is a global major league player and we are delighted to have them as our customers. It is a pleasure to be supplying our latest version of Monarch Pro V8 to such discerning customers".

Graham confirmed that there had been many early gains in the region. "Banking is a key vertical market, but anyone with lots of reports and data to handle is a potential Datawatch customer." He goes on to say "What our customers are looking for is not more technology but solutions which allow non I.T. professionals to ask questions directly of the data base. It is simply information made easy. Research shows that management spends 10% of each day just looking for the information they need to manage. Our products and solutions facilitate that need. It is easy to spot a Datawatch customer, they are the ones who can leave the office on time and have little use for ‘Pending’ trays" concludes Graham!

Graham believes that the future is very bright for Datawatch Middle East. "The reception we received at GITEX was astounding and our product range attracted incredible interest from potential customers as well as prospective resellers".

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