SAGE Announce Upgrades to Prospero at MEFTEC

01 July, 2011

SAGE, founded in Switzerland in 1986 and with a regional office in Dubai announced the latest upgrades to its Prospero modular, integrated financial software at MEFTEC in Abu Dhabi. They have created six distinct solutions aimed at Wealth Management,Asset Management,Fund Administration,Independent Asset Managers/Family Office,Trading,and Portfolio Optimisation.SAGE claims that Prospero is both robust and scalable. It is also compliant with the requirements of Islamic banks.

More importantly for small and medium-sized organisation, clients have the option of using a hosted service, which means that they do not have to install the solution on site with the attendant requirement for a significant, in-house IT capability capable of managing the solution. Clients can simply plug into the Swiss-based host site and they are then billed according to the number of users and features used.