Ca Helps Financial Sector In The Middle East And North Africa Strengthen It Governance With Clarity 8

Published November 28th, 2006 - 10:46 GMT
Al Bawaba
Al Bawaba

CA, one of the world's largest IT management software companies today announced the availability of CA Clarity 8, a new version of its industry-leading Project & Portfolio Management (PPM) solution during the Hawkamah Corporate Governance in the Middle East & North Africa Conference held at the Dubai International Financial Center (DIFC).  In a backdrop of global legal, regulatory and compliance environment, the Hawkamah conference has a strong focus on the financial sector, aiming at providing deep insight into the key issues of corporate governance and stressing that only good corporate governance can ensure the region’s ability to operate on a level playing field with other markets.

IT Governance is integral to the success of corporate governance. It provides organizations with the management and control of IT services, which helps prioritize and justify IT investments. It also ensures that IT change processes comply with the regulatory requirements which are now becoming mandatory in the financial sector, especially for banks operating internationally. CA Clarity 8, with more than 150 enhancements, addresses the governance needs by maximising the corporation’s IT ability to align budgets and resources with business needs, while minimising the risk of inadequate control across the enterprise.

Speaking on the launch of CA Clarity 8, Bjarne Rasmussen, Vice President, Technology & Business Units, EMEA Eastern Markets for CA said, “Good corporate IT governance is vital for financial and economic deployment in the region. Being the global leader for IT Governance solutions as well as one of the top 100 technology providers for the financial industry, CA is proud to share our expertise and experience to help fuel the growth of the region’s finance sector in the global market place.”
CA Clarity has been voted the "Best Solution: IT" and "Best Execution of a PPM Strategy" awards at the 2006 Project and Portfolio Management (PPM) Summit North America. In addition, CA has been positioned in the "Leaders" quadrant in Gartner Inc.'s "Magic Quadrant for IT Project and Portfolio Management Applications, 2006" report. *
For 2 consecutive years, CA has also been ranked among the top technology and services providers to the financial industry as part of the prestigious FinTech 100, published by American Banker and Financial Insights (an IDC Company)
* Gartner, Inc. "Magic Quadrant for IT Project and Portfolio Management Applications, 2006," Matt Light and Daniel B. Stang, June 22, 2006

 

About CA
CA (NYSE: CA), one of the world's largest information technology (IT) management software companies, unifies and simplifies the management of enterprise-wide IT. Founded in 1976, CA is headquartered in Islandia, N.Y., and serves customers in more than 140 countries. For more information, please visit http://www.ca.com.


About CA in the Arab Countries and Pakistan
Today CA has direct presence in Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Qatar, Pakistan, Saudi Arabia, and the United Arab Emirates. With over 100 highly skilled professionals and a 24X7 tri-lingual Customer and Partner Support Center located in the region, CA helps you securely unify and simplify your IT environments for greater business value.

CA customers in the region include Aga Khan University, Al-Rajhi Bank, Arab Banking Corporation, Bank of Beirut, Comium Group, Dubai Department of Civil Aviation, Emirates Bank International, Etisalat Contact Center, UAE Higher Colleges of Technology, Investment Dar Company in Kuwait, King Faisal Specialist Hospital, King Saud University, KSA National Computer Center , MashreqBank, Kuwait Public Authority of Civil Information, Middle East Airlines, Royal Court Affairs in Oman, Saudi Arabian Airlines, Salalah Port Services, PWC Logistics and many other organisations large and small.  For more information, please visit www.ca.com/arabworld.