ITMinds Limited and Trikl Technologies (Pvt) Limited collaborate to digitize end-to-end back-office operations 

ITMinds Limited (ITMinds), a wholly-owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), has partnered with Trikl Technologies (Pvt) Limited (Trikl) to provide back-office services. The agreement was signed by Mr. Haseeb Siddiqui CEO-Trikl, and Mr. Iqleem-uz-Zaman Khan, CEO-ITMinds, in the presence of Mr. Badiuddin Akber, Director ITMinds & CEO-CDCPL, Syed Asif Shah, CIDO-CDC, Mr. Waqas Ashraf, CFO-ITMinds, and other senior members of both companies.

At the occasion, Mr. Badiuddin Akber, Director ITMinds & CEO-CDCPL shared his positive outlook regarding the collaboration between ITMinds and Trikl, stating that “In its vision for market development and digitization, CDC is committed to promoting digital platforms and considers this partnership an essential step in this direction. We feel proud that through this collaboration, ITMinds is providing the required back office arrangement and infrastructure for digital AMCs, thereby enabling them to make the investment in a seamless manner.”

Trikl and ITMinds have jointly developed comprehensive APIs for integrating the front-end portal of Trikl with the back office system of ITMinds. As part of this agreement, ITMinds will handle back-office functions such as accounting services, settlement of portfolios, unit management-related activities, facilitation for compliance/reporting, information security and business continuity.

Mr. Haseeb Siddiqui, CEO-TRIKL, stated, “We feel proud being among the initial digital AMCs which will contribute to building the much-needed technical infrastructure.” Mr. Iqleem-uz-Zaman Khan, CEO ITMinds, added, “The concept of outsourcing non-core but critical business activities has proven to be an efficient and effective model in today’s business world. Hence, we have commissioned ITMinds with this aim to enable AMCs and other organizations to outsource their back-office functions to a competent and reliable BPO partner, thus facilitating them to focus on their core business.”

For more information

Get in touch with ITMinds by calling us at (92-21)111-111-500 or email our representative at
iqleem.zaman@itminds.biz