ISLAMABAD: United Bank Limited (UBL) Fund Managers Limited (UBL Funds), an asset management company, has been recognized for its ImPro Application under the category of the Financial Industry Application by APICTA - Asia Pacific ICT Alliance.
According to a press release of the Bank issued here Tuesday, UBL Funds beat the financial applications of Singapore, Hong Kong, China, Malaysia, Vietnam and Chinese Taipei to grab the silver award at Asia-Pacific ICT Awards 2016 -dubbed as the `Oscars of the ICT arena' held in Taipei, Taiwan.
In its esteemed global awards for 2016, Asia Pacific ICT Alliance recognized organizations from 17 countries in 17 different categories.
More than 60 judges finalized the winners out of 238 teams fitting the criteria of technology, innovation, capability and adoption.
The President of Republic of China (Taiwan) also graced the event with his presence.
Elated on this achievement, Rehan Qadri, founder of the application and Chief Technology Officer of UBL Funds, stated "ImPro enables the organization to reduce the five days processing time to two days which improves the operational efficiency and significantly cuts down transaction costs.
UBL Funds has always emphasized on innovation with world class services. Being the pioneer of such application in the asset management industry not just gives us the confidence to provide more for our customers but position us as a market leader in modernization".
He further added "We are pleased to be recognized by APICTA and with this recognition we ensure to offer more unique services for the convenience of our investors. UBL funds believe in providing best investment opportunities to the masses with least complex procedures"
Pakistan won 3 Gold Awards and 6 Silver Awards at the ceremony held in Taipei, Taiwan. Rehan Qadri Chief Technology Officer UBL Funds attended the ceremony and received a silver award on behalf of his organization.
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