United FinTech is surging its global presence with the commencement of its latest office in the Dubai International Financial Centre (DIFC). Industry sources added that this UAE strategic expansion is triggered and bolstered by Athena, one of United Fintech’s partner companies, is a response to robust market demand and underscores the UAE’s critical role as a hub for financial technology.
Christian Frahm, CEO, of United Fintech stated “Expanding into the DIFC marks a strategic advancement for United Fintech, broadening the global footprint of our industry-neutral Digital Transformation platform and meeting the growing demands of the financial services industry. We are encouraged by the enthusiastic market reception and the substantial opportunities this presents for our growth and the enhancement of our ecosystem.”
Rasmus Bagger, CCO, of United Fintech, will have overall responsibility for the Dubai office. He comments, “This is a significant opportunity for United Fintech and we are excited about growing our client base and team in the region and playing a major role in connecting Financial Institutions with cutting-edge technology providers, all under a single platform.”
Raj Rathor, Head of EMEA Sales at Athena stated “United Fintech’s establishment in the DIFC is significantly broadening Athena’s horizons, enhancing our ability to extend our services to drive technical transformation and enhance the operating models of asset managers and hedge funds in the region. The ability of the buy-side to have a truly cloud-native solution that can keep clients’ data within the state is a game changer. Growing our footprint throughout the GCC represents our commitment to the region’s buy-side community, and our GCC clients, and acts as a strategic milestone for the entire United Fintech group.”
Industry sources added that United Fintech is an industry-neutral Digital Transformation platform that powers banks and Financial Institutions to have faster access to a range of innovative fintechs specializing in capital markets. This latest development from United Fintech builds on its mission to drive digital innovation, offer transformative solutions, and boost the capabilities of Financial Institutions worldwide.
Industry sources also further added that as United Fintech sets its roots in the UAE, it is already overviewing significant interest in its innovative offerings from across the region. Athena, part of United Fintech, well-known for its world-class, full front-to-back OMS/PMS solution, has experienced substantial traction.
