Dubai, x,
United Arab Emirates
Mawarid Finance PJSC Technographics
Mawarid Finance PJSC Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Mawarid Finance PJSC and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 150 Mawarid Finance PJSC employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Mawarid Finance PJSC has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2017, Oracle Flexcube for Core Banking in 2017, Microsoft 365 for Collaboration in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Mawarid Finance PJSC is running and its propensity to invest more and deepen its relationship with Oracle , Microsoft , Electronic Documents Centre or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Mawarid Finance PJSC revenues, which have grown to $19.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Mawarid Finance PJSC intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Mawarid Finance PJSC Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP Financial Management | TransSys Solutions | 2017 | 2017 |
In 2017, Mawarid Finance PJSC implemented Oracle Cloud ERP in an ERP Financial deployment with Oracle as the vendor to consolidate its back office and integrate with a core banking program. TransSys Solutions served as the system integrator and delivered the project as part of a broader IT transformation that included deployment of the Oracle Flexcube core banking solution.
The Oracle Cloud ERP implementation encompassed Oracle Fusion Financials, Oracle Fusion Expense Management, and Oracle Fusion Procurement, with configuration work focused on a restructured Chart of Accounts to enable multidimensional reporting. The design established a standardized back office platform intended to be scalable and extendable to other subsidiaries.
Architecturally the program embedded Oracle Cloud ERP in a cloud oriented topology and established a bidirectional integration with Oracle Flexcube to ensure Product GL postings flow into corporate books and vice versa. Operational coverage included Mawarid Finance corporate finance and two subsidiaries covering Securities, Exchange and Consultancy lines of business, and the solution enabled consolidated reporting online to accelerate month closing and month end reporting.
Governance and rollout centered on consolidation of business applications and process standardization within the finance function, delivered in a compressed 14 week timeline. Explicitly stated outcomes from the engagement include a standardized scalable back office platform, rapid implementation enabling earlier adoption, a restructured Chart of Accounts for improved reporting, and consolidated online reporting, and the deployment was cited as the first financial services entity in the region to adopt cloud financials integrated with a core banking platform.
|
|
|
|
|
Expense Management | ERP Financial Management |
|
2017 | 2017 |
|
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Flexcube | Core Banking | ERP Services and Operations | TransSys Solutions | 2017 | 2017 |
In 2017 Mawarid Finance PJSC implemented Oracle Flexcube as its Core Banking application as part of a coordinated IT transformation. The Flexcube deployment was integrated with a consolidated ERP program that leveraged Oracle Cloud solutions and was implemented by TransSys Solutions, aligning core banking and back office platforms.
The ERP components deployed included Oracle Fusion Financials, Oracle Fusion Expense Management, and Oracle Fusion Procurement, delivered with embedded best practices and a restructured chart of accounts to enable multidimensional reporting. Oracle Fusion Financials was provisioned as cloud financials to standardize the back office, while expense and procurement modules provided centralized control for finance operations and transaction processing.
Architecture and integration work centered on bidirectional integration between Oracle Flexcube and the corporate general ledger to account for product GL in corporate books and to synchronize postings from corporate finance back to the core banking platform. The implementation covered Mawarid Finance and two subsidiaries serving securities, exchange and consultancy lines of business, creating a consolidated reporting layer and online consolidation for faster month closing and month end reporting.
Governance changes focused on consolidation of business applications and processes, creating a scalable and extendable back office platform for other subsidiaries. Project delivery highlights included a 14 week implementation timeline and positioning Mawarid as an early adopter in the region of cloud financials integrated with a Core Banking platform, delivering standardized platform capabilities and rapid adoption of the new finance processes.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2020 | 2020 |
In 2020, Mawarid Finance PJSC deployed Microsoft 365 as its primary Collaboration platform to support corporate productivity, internal communications, and document workflows. The Microsoft 365 presence is referenced on the company website, indicating a tenant-level adoption aligned with the company headquarters in the United Arab Emirates and rollout to the organization’s workforce of approximately 150 employees.
The implementation of Microsoft 365 encompassed core Collaboration capabilities including cloud email and calendaring, real time messaging and meetings, centralized document libraries, and personal file storage and sync. Configuration patterns are consistent with standard Microsoft 365 deployments, with Office productivity applications, Microsoft Teams for meetings and chat, SharePoint Online for team sites and document management, and OneDrive for individual file storage forming the core functional stack.
Operational scope emphasized corporate functions that rely on secure collaboration and recordkeeping within a financial services context, including finance, operations, and corporate communications. Governance workstreams focused on tenant configuration, user provisioning, access controls, and document collaboration policies to align platform behavior with organizational controls and compliance expectations. The narrative links Mawarid Finance PJSC, Microsoft 365, Collaboration, and business functions to reflect an enterprise oriented deployment of productivity and collaboration tooling.
|
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Customer Experience | CRM |
|
2025 | 2025 |
|
Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Procurement | Procurement |
|
2017 | 2017 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2020 | 2020 |
|
IT Decision Makers and Key Stakeholders at Mawarid Finance PJSC
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Mawarid Finance PJSC Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||