DDCAP Group awarded for their ETHOS AFP™ at the Global Islamic Finance Awards 2020

DDCAP Group™ (“DDCAP”) is honoured and privileged to have been awarded both the 2020 GIFA Market Leadership Award (Facilitation & Support) and the Best Islamic Finance Technology Product 2020 for ETHOS AFP™ at the Global Islamic Finance Awards 2020, which took place in Islamabad, Pakistan earlier today. His Excellency Dr. Arif Alvi, President of Islamic Republic of Pakistan was chief guest and was awarded the 10th GIFA Laureate. His Excellency Ma’ruf Amin, The Vice President of the Republic of Indonesia gave a keynote address to the GIFA participants. Following the Awards, which for the first time took place both physically and virtually, DDCAP reflected upon their achievements.

Stella Cox CBE, Managing Director, commented “We are especially humbled this year by GIFA’s validation of DDCAP as market leader in its space and also for the diverse, automated financial technology solutions that we are able to deliver through ETHOS AFP™. Even during such a challenging year when we, our clients and counterparties across the world have faced the huge impacts of the COVID-19 pandemic on both our individual businesses and our national economies, DDCAP has continued to evolve and extend our services. We have needed to remain agile and, in certain instances, those developments have been made specifically to support our clients as they have adapted themselves to the requirements of a very different and challenging business and operating environment. As always, we are committed to further develop and grow the capacity of ETHOS AFP™ amidst our technology solutions, prioritising DDCAP’s strategic intention to support and elevate awareness of the business and ethical drivers of responsible financial practice. At the core of our approach to upholding sustainable and responsible financial practice is ensuring that our services are aligned, at all times, with our clients’ specific Sharia’a stipulations, as well as those of DDCAP’s own, esteemed Sharia’a Supervisory Board. We are truly grateful and appreciative of their ongoing, considered guidance and oversight.”

Lawrence Oliver, Director, Deputy CEO remarked, “DDCAP Group™ is honoured to receive both GIFA Awards. To have had our Market Leadership recognised and our range of products and services successfully reviewed and validated by the highly regarded GIFA Committee for a second consecutive year is something we are extremely proud of. It is testament to the significant amount of investment and ongoing development work that has taken place at DDCAP over the past twelve months to further evolve our business offerings with the purpose of ensuring that our clients continue to view us as market leader. This work was particularly focused on the continued evolvement of our automated financial technology and we are delighted that ETHOS AFP™ has once again also been recognised by GIFA’s Committee as being the leading Islamic Finance technology product in the market.”