MEFTEC 2009, the fifth edition of the annual banking & financial technology event, commenced on 10th February, attracting more than 150 exhibitors and over 800 delegates from 45 countries. Over the past five years, MEFTEC has evolved out of a small regional event featuring a handful of participants, into a slick, sophisticated, international trade exhibition that an industry valued at US$ 6 billion.
The show was officially inaugurated by H.E. Rasheed Mohammed Al-Maraj, Governor, Central Bank of Bahrain, together with H.E. Dr Hasan Abdulla Fakhro, Minister of Industry & Commerce, Kingdom of Bahrain. A large number of VIPs and dignitaries were present on the occasion.
TPS had one of the most crowded booth after IBM and Microsoft in the exhibition. Prospective and existing customers from across the Middle Eastern and Gulf States visited the booth and showed keen interest in TPS products and services, particularly IRIS – Integrated EFT Switch and Insight – Multi-Vendor ATM monitoring & management solution. TPS was able to generate handsome number of potential customer and partner leads.
Under the theme, Leveraging Technology through Turbulent Times, the MEFTEC 2009 conference program featured high-profile speakers and case studies from a number of leading institutions, including Barclays, Allied Irish Bank, Bank of Maharashtra, Al Hilal Bank, and Kenya Commercial Bank, among others. The event’s signature Hosted Delegate Program® has once again been in high demand, with CIOs and senior IT executives from more than 500 financial institutions in attendance.
Despite difficult market conditions, the show has once again been a sell-out, retaining its status as the world’s leading dedicated financial technology event.
