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Egypt's CARITech Partners with Finastra to Support Core Banking Modernisation in MENA
Egypt's CARITech Partners with Finastra to Support Core Banking Modernisation in MENA

Fintech News ME

time21-05-2025

  • Business
  • Fintech News ME

Egypt's CARITech Partners with Finastra to Support Core Banking Modernisation in MENA

CARITech, a digital transformation consultancy based in Egypt, has formed a strategic partnership with global financial software provider Finastra to support the adoption of the Finastra Essence core banking platform across the Middle East and Africa. The partnership combines CARITech's regional experience and implementation capabilities with Finastra's technology to facilitate core banking transformation for financial institutions. As part of the agreement, CARITech will use its Capability Maturity Model Integration (CMMI) Level 3-certified methodology to deliver structured and efficient deployments of Finastra Essence. With a bilingual Arabic and English team and a strong understanding of local banking environments, CARITech is positioned to offer tailored support to institutions transitioning to updated core banking systems. 'Partnering with Finastra represents a significant step forward in our mission to deliver best-in-class core banking transformation services,' said Ismail Ali, Chief Executive Officer of CARITech. 'Our regional insights and technical capabilities make us uniquely equipped to support financial institutions on their digital journeys.' Finastra Essence is a core banking platform that aims to enhance operational efficiency, reduce costs and improve customer service through its modular functionality and open technology. 'Our collaboration with CARITech reflects Finastra's commitment to ensuring financial institutions receive exceptional service when implementing Finastra Essence,' said Siobhan Byron, Executive Vice President of Universal Banking at Finastra. 'CARITech's strong track record and understanding of regional banking needs make them a valuable partner in enabling transformation at scale.'

Phoenix Cyber Appraised at CMMI Level 3
Phoenix Cyber Appraised at CMMI Level 3

Associated Press

time05-02-2025

  • Business
  • Associated Press

Phoenix Cyber Appraised at CMMI Level 3

Phoenix Cyber, a provider of consulting services to the federal government, has been appraised at level 3 of ISACA's Capability Maturity Model Integration. 'This milestone reinforces our commitment to delivering exceptional value to our federal customers and highlights our ongoing investment in systems, infrastructure, and process excellence.' — Brian Kafenbaum, managing partner of Phoenix Cyber PHOENIX, AZ, UNITED STATES, February 5, 2025 / / -- Phoenix Data Security Inc., DBA Phoenix Cyber, a premier provider of cybersecurity consulting services to the federal government, announced today that it has been appraised at level 3 of ISACA's Capability Maturity Model Integration (CMMI®). The appraisal was performed by The H and W Group and affirms the company's commitment to excellence in service delivery. CMMI is a globally recognized, outcome-based performance model and the accepted standard for improving capability, optimizing business performance and aligning operations to business goals. Developed by ISACA's CMMI Institute, it provides a benchmark for measuring organizational maturity and performance. An appraisal at Maturity Level 3 indicates the organization is performing at a 'defined' level. At this level, processes are well characterized and understood and are described in standards, procedures, tools and methods. 'We are proud to have achieved CMMI Maturity Level 3, the highest form of third-party validation for a company's processes and performance,' said Brian Kafenbaum, managing partner of Phoenix Cyber. 'This milestone reinforces our commitment to delivering exceptional value to our federal customers and highlights our ongoing investment in systems, infrastructure, and process excellence. It also reflects the dedication and hard work of our team in upholding the highest standards in everything we do.' 'Organizations worldwide are harnessing CMMI to elevate their business performance to new heights, creating a sustainable competitive advantage in the process' says Ron Lear, VP, Frameworks and Models at ISACA. 'We commend Phoenix Cyber on achieving this CMMI appraisal level and demonstrating their ability as a high-performing organization.' Phoenix Cyber's CMMI Level 3 appraisal only enhances its ability to deliver tangible outcomes across all projects while also optimizing efficiency and minimizing risk. Complemented by the company's ISO 9001, ISO 27001, and ISO 20000 certifications, these accreditations reinforce the company's adherence to internationally recognized standards, solidifying its position as a reliable and innovative partner to federal agencies in supporting its missions. About Phoenix Cyber Phoenix Cyber is a leading cybersecurity consulting company providing security engineering, operations, and technical cybersecurity expertise to organizations determined to mitigate risk and safeguard their business. Since 2011, security teams from Fortune 500 enterprises, federal government agencies, and service providers have trusted Phoenix Cyber to deliver results-oriented, cybersecurity solutions and enhance their security operations centers' people, processes, and technologies. Learn more at or follow us on LinkedIn. Phoenix Cyber +1 303-578-2122 LinkedIn Legal Disclaimer:

Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services
Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services

Associated Press

time27-01-2025

  • Business
  • Associated Press

Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services

Frontier Technology Inc. (FTI), a leading provider of deep data expertise and mission-tailored services and solutions to the United States Department of Defense (DoD) and the Intelligence Community, today announced that it has been appraised at Maturity Level 3 of Capability Maturity Model Integration (CMMI)® for Development/Services. The appraisal was conducted by Broadsword Solutions Corporation and affirms the company's commitment to excellence in process management and product/service delivery. CMMI is a globally recognized performance improvement framework that helps organizations optimize their processes and achieve measurable business results. Achieving CMMI Maturity Level 3 signifies that FTI operates at a 'defined' level, where processes are well-characterized, understood, and consistently applied across projects. This milestone highlights FTI's ability to deliver high-quality solutions through standardized and repeatable processes that are continuously improved over time. 'We are proud to have achieved CMMI Maturity Level 3,' said FTI President Jose Hidalgo. 'This important milestone highlights FTI's commitment to continuous improvement, operational excellence, and delivering exceptional value to our customers in the U.S. Department of Defense and the Intelligence Community. It reflects more than a year of hard work and dedication from the FTI team to maintain the highest standards in everything we do.' The CMMI appraisal validates that FTI has established robust frameworks for project management, quality assurance and process optimization. These improvements ensure enhanced efficiency, reduced risks and superior outcomes for clients. FTI's adherence to these practices aligns with our mission to provide innovative solutions tailored to meet evolving customer needs. CMMI is a proven model that enables organizations to improve their capabilities across critical business areas such as development, services, and supplier management. Developed by ISACA's CMMI Institute, it serves as a benchmark for measuring organizational maturity and performance. About FTI FTI provides deep data expertise, technology and services that enhance the ability of the DoD, Intelligence Community and other agencies of the Federal Government to make the best decisions possible. Drawing on nearly four decades of innovation, FTI's extensive portfolio of intellectual property and operational technologies has been augmented by more than $200 million of U.S. government and FTI R&D investment, and solutions can often be mission-ready in a matter of weeks. Headquartered in Beavercreek, Ohio, FTI operates in 34 states, works at all levels of classification and offers seven facilities of varying clearance levels nationwide. For more information, visit . SOURCE: Frontier Technology Inc. Copyright Business Wire 2025. PUB: 01/27/2025 07:06 AM/DISC: 01/27/2025 07:06 AM

Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services
Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services

Yahoo

time27-01-2025

  • Business
  • Yahoo

Frontier Technology Inc. (FTI) Appraised at CMMI Maturity Level 3 for Development/Services

Appraisal signifies FTI's commitment to continuous improvement, operational excellence, and delivering exceptional value. BEAVERCREEK, Ohio, January 27, 2025--(BUSINESS WIRE)--Frontier Technology Inc. (FTI), a leading provider of deep data expertise and mission-tailored services and solutions to the United States Department of Defense (DoD) and the Intelligence Community, today announced that it has been appraised at Maturity Level 3 of Capability Maturity Model Integration (CMMI)® for Development/Services. The appraisal was conducted by Broadsword Solutions Corporation and affirms the company's commitment to excellence in process management and product/service delivery. CMMI is a globally recognized performance improvement framework that helps organizations optimize their processes and achieve measurable business results. Achieving CMMI Maturity Level 3 signifies that FTI operates at a "defined" level, where processes are well-characterized, understood, and consistently applied across projects. This milestone highlights FTI's ability to deliver high-quality solutions through standardized and repeatable processes that are continuously improved over time. "We are proud to have achieved CMMI Maturity Level 3," said FTI President Jose Hidalgo. "This important milestone highlights FTI's commitment to continuous improvement, operational excellence, and delivering exceptional value to our customers in the U.S. Department of Defense and the Intelligence Community. It reflects more than a year of hard work and dedication from the FTI team to maintain the highest standards in everything we do." The CMMI appraisal validates that FTI has established robust frameworks for project management, quality assurance and process optimization. These improvements ensure enhanced efficiency, reduced risks and superior outcomes for clients. FTI's adherence to these practices aligns with our mission to provide innovative solutions tailored to meet evolving customer needs. CMMI is a proven model that enables organizations to improve their capabilities across critical business areas such as development, services, and supplier management. Developed by ISACA's CMMI Institute, it serves as a benchmark for measuring organizational maturity and performance. About FTI FTI provides deep data expertise, technology and services that enhance the ability of the DoD, Intelligence Community and other agencies of the Federal Government to make the best decisions possible. Drawing on nearly four decades of innovation, FTI's extensive portfolio of intellectual property and operational technologies has been augmented by more than $200 million of U.S. government and FTI R&D investment, and solutions can often be mission-ready in a matter of weeks. Headquartered in Beavercreek, Ohio, FTI operates in 34 states, works at all levels of classification and offers seven facilities of varying clearance levels nationwide. For more information, visit View source version on Contacts Media Contact:Andy Getseyandy@ Sign in to access your portfolio

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