New joint offering to bring increased transparency and efficiency to debt & equity markets in Middle East
Dubai & London – December 21, 2009 – Zawya, the leading online business and investment opportunity platform focusing on the Middle East, and Ipreo, premier global provider of deal execution software and capital markets analytics, are partnering to offer a complete solution for buyside and sellside professionals within the Sukuk and IPO markets. The combined offering will be a single integrated platform to provide the most powerful, accurate and timely intelligence in the market, enabling buyside professionals to make real-time decisions whilst giving sellside professionals the most advanced tools to originate, market and distribute Sukuks and IPOs to the investment community.
“There is an acute need for transparency from the buyside and an improved sales efficiency for the sellside. This is especially true given the recent instability in the debt market across the region,” said Jean Marc Paufique, SVP & Head of the Investment Opportunities Division at Zawya. “On one hand, the buyside has become more meticulous when choosing where to invest; gaining as much intelligence on a Sukuk’s underlying asset, for example, is key. On the other hand, the sellside is keen to understand the specifics of deal executions, how to structure their products, and what the buyside actually needs. By connecting them online in a cost-effective manner, the industry benefits and is poised for better deal flow and liquidity.”
“In recent years, Ipreo has been steadily increasing its operations and resources dedicated to servicing firms in the Middle East,” said Allen Williams, EVP & MD of Global Capital Markets for Ipreo. “This partnership with Zawya represents an opportunity to combine best-of-breed technology and intelligence into a solution not previously available in this region, at a time when it needs it most. We are looking forward to having a positive impact on the new issuance market here.”
The joint offering will consist of end-to-end solutions that support the marketing and execution of Sukuk and IPO issuance. Services will include: market news and information to support deal origination & structuring; institutional contact data and event management software for marketing deals; and comprehensive web-based bookbuilding software for executing both debt and equity issues. Integration is currently underway, and the full suite of services is expected to be available in January of 2010. To receive more information regarding the launch, please register at www.zawya.com/ipreo.
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. By combining state-of-the-art new issuance systems with the premier global financial and investor data, Ipreo enables our capital markets clients to execute deals more efficiently, maximizing time and resources. Our applications include end-to-end bookbuilding systems, roadshow & conference management platforms, and electronic document delivery. Additionally, Ipreo’s suite of investor prospecting and CRM solutions offers the most accurate and comprehensive institutional contacts data and profiles in the industry. Ipreo is the only financial services provider to offer solutions across all asset classes for the Equity, Fixed Income, Municipal, and Syndicated Loan markets. Ipreo is a KKR portfolio company with nearly 700 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
Zawya focuses on the developing business and investment environment in the Middle East. The company provides professionals with the means to identify, assess and monitor business and investment opportunities in both private and public markets. Thousands of premium members utilise Zawya’s information resources, technology applications and online network to better connect to opportunities across the GCC, Levant, Iraq and North Africa. Headquartered in Dubai, Zawya has presence in Saudi Arabia, Bahrain and Lebanon. For more information, please visit www.zawya.com
- For Ipreo
- Kate McKay
- Managing Director, Global Marketing & Communications
- For Zawya
- Mohannad El-Khairy