UBL funds recognized by CIO.

KARACHI -- International Data Group's CIO has announced UBL Fund Managers, a leading asset management company, as a recipient of the 2016 CIO 100 Awards.

The 29th Annual CIO Awards recognize organizations around the world that exemplify the highest level of operational and strategic excellence in information technology.

UBL Fund Managers stands recognized, in large part, for its designing and development of integrated asset management software: imPro. imPro is UBL Funds' processes improvement software and has played a vital role in providing instant key solutions for customers, and cost effective back-end and front-end office support. Efficient and lower management costs are also key features of this software.

Delivering innovation and business value are top priorities for CIOs everywhere, and our CIO 100 awards program celebrates the leading IT organizations that excel at both, said Maryfran Johnson, Editor in Chief of CIO Events. Our 2016 winners are raising the bar even higher this year with their outstanding work in digital transformation, customer focus and IT-business collaboration.

Elated with the win, M. Rehan Qadri - CIO 100 Honoree on behalf of UBL Fund Managers' Chief Technology Officer and recent winner of Pakistan Software Houses Association's CIO of the Year Award - said, Providing innovative and high-end online customer services has always been a priority for us. imPro has become a way of life at UBL Funds and our Smart Savings mobile application is an exemplary benchmark in the asset management industry of Pakistan.

It has not only made investment transactions easy and quick, digitally, but also accessible for users on-the-go, 24/7! He further added, The deployment of imPro has modernized our management and operations not just within the organization, but for our customers as well. With this Award, we are more determined to continue setting new benchmarks in the financial industry as market leaders in facilitating customers with new conveniences through technology.

UBL Fund Managers is the second largest Asset Management Company (AMC) in the private sector in Pakistan, managing assets of approximately Rs. 65.29 Billion (as of 31st May 2016). It is also the first AMC in Pakistan to introduce a mobile app for mutual funds management and a recent winner of the P@SHA ICT Awards 2015** for 'Best in Service Innovation'.

Executives from the winning companies will be recognized at The CIO 100 Symposium and Awards Ceremony, to be held Tuesday evening, August 16th, at the Terranea Resort in Rancho Palos Verdes, California.