Wasatah Capital, a Saudi Arabia based investment company, has selected Profile Software’s IMSplus Asset Management solution to better manage full range of its fund and discretionary portfolio management operations.

The platform will automate Wasatah Capital’s processes of analysing, evaluating and reporting for its clients and funds.

The IMSplus platform, which will be accessible over cloud, will also improve the investment firm’s client service and ensure accuracy in reporting for making the best informed decisions for its clients and business.

The functions that will be installed include fund accounting, performance analysis and risk metrics, fees management, portfolio modelling and rebalancing, the technology vendor said.

Wasatah Capital is also considering extending the services offered by implementing the IMSplus Mobility and Web access solutions.