Strategic partnership with JMR seeks to enable value-based offerings for banks and the financial institutions in the UAE and beyond, to empower them to contribute to the overarching digital transformation journey that we are witnessing. The association as per the joint venture is designed to bring together JMR’s bouquet of solution offerings along with the Seed Group’s local and regional understanding to create a unique vantage proposition leveraging insights and assets that will hugely benefit banks and large financial groups in the region. JMR understands the Covid-19 impact on the economy and acknowledges the need to enhance business – both in terms of speed of economic activity and responsiveness to changing customer needs. Digital-led business models and ecosystems are a key solution and the partnership will bring relevant offerings. JMR’s Genie de Banca, an innovative digital platform, will enable banks and financial institutions to shape innovative solutions, automate and digitize their lending departments end-to-end, develop new revenue channels, and present their customers with new products and services.
Genie de Banca is an agile platform that can also be adopted to create digital ecosystems to support business organizations across diverse industries like real estate, automobile, consumer goods, education, and tour and travel, among other business verticals. Digital adoption within and across businesses and the society at large in the UAE and MEA presents multiple opportunities for companies like JMR Infotech. The Seed Group will work to jointly explore, position, and secure mandates for the partnership. Solution offerings could include developing market ecosystems, financial systems transformation, and learning enablement amongst others. Currently, financial institutions in the region are going through a massive transformative phase. It requires them to significantly develop their back-end technology to enable them to enhance their customer offerings. These institutions will benefit immensely from the proven expertise and cost-effective value-based services and solutions of JMR Infotech.