New Middle East clients for Thomson Financial

Thomson Financial, a subsidiary of the Thomson Corporation, has reported growth in its Middle East client base since it opened an office in Dubai in August last year. Newly formed Saudi Arabian investment management firms Jadwa Investments and AlTawfeek Financial Group have both selected the vendor's Thomson Portia portfolio management system. The system supports all aspects of portfolio management and is currently used by 300 firms to manage approximately $10 trillion of assets.