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Trading software developer Devexperts is expanding its presence in the Middle East with a renewed focus on Saudi Arabia, where several projects are already underway.
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As part of its growth strategy, the company will be launching a week-long networking programme in Saudi Arabia this Autumn. The initiative includes attendance at Jeddah Fintech Week, held from 16–17 November, and Seamless Saudi Arabia, which takes place from 17–19 November.
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Saudi Arabia has become a regional hub for financial services in the Middle East, with the government investing significantly in infrastructure to attract firms seeking to establish or expand operations in the wider Gulf region.
Devexperts, which has over 20 years of experience in trading technology, provides software consulting and development services to financial institutions. Its expertise covers trading platforms, matching engines, and exchange solutions.
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The company said the decision to dedicate a week to networking in Saudi Arabia was made to broaden its local contacts at a strategically important time.
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Selim Kassab, Vice President of Business Development for the MENA region at Devexperts, said:
“The Middle East has become a significant area of growth for us - we see the region developing as a financial hub and the relevance of our services for many of the firms setting up there is clear. There is great synergy between our product offering and what firms in the Middle East are looking to achieve, with many aiming to establish themselves at the forefront of the capital markets industry.”
— Selim Kassab, Vice President Of Business Development For The MENA Region, Devexperts
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Kassab continued:
“We are excited to be working with an increasing number of these, including in Saudi Arabia. With a view to expanding on this, our team will be spending a week in Saudi Arabia this Autumn and attending two of the major industry events being held. We look forward to meeting new contacts and making new connections as we continue to develop our presence in Saudi Arabia, and of course the wider Middle East region.”
— Selim Kassab, Vice President Of Business Development For The MENA Region, Devexperts
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Devexperts develops financial software and multi-asset trading platforms for brokers, exchanges, and wealth management firms.
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