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Sidra Capital goes Live on Agile FT’s Agilis IMS Software

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Sidra Capital (DIFC) Limited, a Category-3A company, licensed by the Dubai Financial Services Authority (DFSA), has completed the successful implementation of Agilis Investment Management Suite.

The deployment of Agilis at Sidra Capital lays down a strong technology platform that enables Sidra Capital to pursue the omnibus business model in relation to the advisory provided to family offices for both Wealth Creation and Wealth Preservation.

It also fulfills Investment Banking, Corporate Finance as well as Family Office needs of both corporates and entrepreneurs. 

Sidra Capital seeks to offer a hassle-free alternative to investors to tap capital markets. Agilis has also empowered Sidra Capital to ensure exemplary service levels and security to its clients, whilst enabling it to meet the stringent compliance and audit requirements of DFSA.

“We recognize the need to build a vibrant capital market that will support small to medium business in the MENA region with Investment Banking, Corporate Finance as well as Family Office solutions of both corporate and entrepreneurs. Our structure seeks to offer a hassle-free alternative for investors to tap capital markets.” said, Ajay Arora, CEO Sidra Capital (DIFC) Limited. 

“Understanding client centric financial requirements, strengthening their growth and providing scalability options are some of the primary services we provide our clients. The 360 degree experience we have of the capital markets provides our clients with a strong path for wealth accumulation, wealth transfer and wealth preservation.” added Ajay Arora.

With its operating model, Sidra Capital is able to take away the cumbersome processes that investors would face otherwise, by offering a single bank account, a single custodian while Agilis IMS takes care of accurately segregating and maintaining the clients’ accounts and clients’ assets.

This enables Sidra Capital to focus on its core goal of providing advisory services to revitalize the capital markets, the SME segments as well as entrepreneurs who can do with more advice and less obstacles.

Agilis Investment Management Suite has won many accolades and awards for its new generation technology and ground breaking features that the Investment Management Community has long wanted.

Sidra Capital conducted a thorough due diligence on a dozen leading software solutions in the investment technology space, using stringent evaluation criteria across front, mid and back-office functions including the ability for the software to manage investments across various asset classes including equities, money markets, debt, derivatives and structured instruments.

Sidra Capital chose Agile FT’s Agilis Investment Management Suite for what Ajay Arora calls its “Double S” edge of Service & Security.

“It was a perfect match as Service and Security are of paramount importance to Sidra Capital and we need to ensure the highest levels for our customers and regulators. We found that Agile FT stood by the same values in its organization and its software solutions.”

The entire implementation was done in just six weeks owing to the clarity in objectives of the Sidra Capital Core Team together with the robustness and flexibility of the Agilis IMS system.

Moreover the complete deployment process was carried out remotely by Agile FT’s strong Development Centre in India.

“We had a smooth and seamless implementation without feeling the need to even physically meet the deployment team as the superior use of web based technology enabled us to complete the entire process online,” said Arora.

Kalpesh Desai, CEO, Agile FT added, “Sidra Capital’s leadership team is extremely focused and were clear on what they wanted to accomplish from both a go-to-market and from a regulatory compliance process. The implementation process which was completed in record time is an example of exemplary teamwork across both enterprises.”

Agilis IMS has automated the entire end-to-end operations in Sidra Capital, from, client onboarding, KYC, wealth management, security controls, compliance, and reporting to accounting.

“We are happy that Agilis IMS has been able to deliver value to Sidra Capital given that they had a very high benchmark for risk management and wanted to implement a pioneering Omnibus model. The customer core team was very particular about its exact workflow, processes and controls and we were able to map Agilis IMS to the exact specification owing to its flexible platform, strong architecture and straight through processing across Front-Mid-Back Office,” stated  Shefali Khera, chief marketing officer & business head at Agile FT.

“Agilis IMS has been truly able to map our unique value proposition of the desired model. We can give real time and instant reports to clients any time they want, and we are always ready for an audit by the regulators as everything is automated, recorded and controlled. We don’t even need a separate accounting system as Agilis gives us all our financial reports as well. One solution gives us the complete analysis that our enterprise needs through Dashboards and MIS. Overall we are happy that we made the right investment in Agilis technology and are in a position to provide outstanding service and security to our clients at all times,” said  Arora.


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NITDA Advocates AI, Security Integration for Sustainable Development

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Kashifu Inuwa, CCIE, the Director General of the National Information Technology Development Agency (NITDA), has emphasised that integrating intelligence, security, and sustainability is critical to driving Nigeria’s digital transformation and global competitiveness.

Inuwa made the remarks on Tuesday in Kano while delivering a goodwill message at the opening of the 19th International Conference (CONNOVATE 2025) of the Nigerian Computer Society (NCS), themed “Intelligent, Secure, and Sustainable Innovations for a Connected World.”

Represented by Engr. Salisu Kaka, Director of E-Government and Digital Economy Development, Inuwa said the three elements were now indispensable drivers of national progress. He highlighted the need for their convergence to unlock new opportunities in Nigeria’s technology sector, citing Estonia’s X-Road platform — which enables 99% of government services online — as a global model.

“In Nigeria, trust is the ultimate currency in our high-stakes digital environment, where scams and cybercrime are prevalent. Security builds and protects this trust,” Abdullahi said.

He stressed that while security provides the foundation, intelligence builds the structure, pointing to Artificial Intelligence (AI), Machine Learning (ML), and data analytics as tools for addressing Nigeria’s complex challenges. Warning that “innovation without security is unsustainable,” he likened it to “a high-performance race car without brakes.”

The DG urged the next wave of Nigerian startups to go beyond digitising existing processes to creating new value, citing AI-powered wealth management and ML-driven remote diagnostics as examples.

He further highlighted the various Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE) initiatives supporting this vision, including the National Centre for Artificial Intelligence and Robotics (NCAIR), the Computer Emergency Readiness and Response Team (CERRT), the Nigeria Data Protection Act (NDPA) 2023, the national digital identity programme, interoperable payments, and human capital initiatives such as the 3 Million Technical Talent (3MTT) and Digital Literacy for All (DL4ALL) programmes.

Inuwa cited example with International Federation for Information Processing (IFIP) President, Antony Wong, that called for stronger protection and strategic use of data in the Global South to safeguard indigenous knowledge. He stressed the importance of legal clarity on data ownership as Nigeria’s cultural heritage in medicine, ecology, and art is digitised and incorporated into AI systems. Wong praised Nigeria’s role in the recent World Intellectual Property Organization (WIPO) treaty protecting genetic resources and traditional knowledge.

Delivering his welcome address, the NCS President, Dr. Muhammad Sirajo, said the conference would serve as a platform for IT professionals to address critical issues, including intelligent systems, fintech, sustainable energy, and innovations in agriculture, health, education, and national planning.

“This conference will provide an interdisciplinary platform for researchers, practitioners, and educators to present and discuss recent innovations, trends, and solutions for improving technological systems,” Sirajo said.

The week-long event includes plenary sessions, a doctoral consortium, a youth and entrepreneurship forum, the Fellows Forum, the Annual General Meeting, an IT quiz competition for students, and an induction ceremony for new members. It will conclude with the election of new national executives, a dinner, and an awards night honouring contributions to the ICT sector.

 


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AfDB Adopts AI to Fast-track Africa’s Development Blueprint

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The African Development Bank (AfDB) is betting big on Artificial Intelligence (AI) as a catalyst for delivering Africa’s ambitious Agenda 2063.

With hands-on training in tools like ChatGPT and Google Gemini, the Bank believes the results could redefine how the continent plans, measures, and delivers its development goals.

Through its Joint Secretariat Support Office, the AfDB has provided technical and financial support to the 5th annual training workshop for African Union member states, focusing on the use of AI to track and implement the second ten-year plan (2024–2033) of Agenda 2063.

The five-day workshop, held in Lusaka, Zambia, was co-organised by the African Union Commission and the African Capacity Building Foundation.

Participants from across the continent rolled up their sleeves for hands-on training with emerging AI platforms like Ailyse, Google AI Studio, and Perplexity.

The goal of Africa’s multilateral development finance institution is to turn complex development data into actionable insights that can drive smarter decisions, faster interventions, and more accountable governance.

AbibuTamu, lead programme co-ordinator at the AfDB, said AI was now an indispensable tool for Africa’s future.

“These tools are not only revolutionizing how data is collected, analysed, and reported, they are also enabling more targeted policy interventions and efficient resource allocation,” Tamu told delegates.

Agenda 2063, dubbed “The Africa We Want,” is the African Union’s 50-year blueprint for inclusive growth and sustainable development. The second 10-year plan prioritises industrialisation, digital transformation, and sustainable livelihoods.

With AI now in the mix, African policymakers can track progress in real-time, spot bottlenecks before they choke projects, and reallocate resources where they are needed most.

The AfDB’s backing underscores a broader strategy of boosting both human and institutional capacity that propels African states to harness the digital revolution.

Beyond technical skills, the Lusaka workshop doubled as a peer-learning platform, with countries sharing real-world success stories on integrating AI into national planning and reporting.

“If Agenda 2063 is Africa’s long-term roadmap, this AI training is about upgrading the continent’s GPS that ensures leaders not only know the destination, but also have the intelligence to navigate every twist and turn on the way,” said Tamu.


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Firm Shares Tips for Safer Remote Working

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It is holiday season in many parts of the world. These days though, going on holiday does not always mean turning your back on office life – hybrid work cuts both ways.

Today’s widespread connectivity—available at airports, train stations, restaurants, hotels, and most indoor public spaces—makes staying connected easier than ever, with free Wi-Fi in many locations and reliable 4G or 5G coverage elsewhere, helping to facilitate a seamless blend of work and leisure even while on holiday.

This increase in connectivity among travellers has not gone unnoticed by cyber criminals. Kaspersky experts analysed nearly 25,000 free Wi-Fi spots in Paris ahead of the Summer Olympic Games and Paralympic Games. The analysis revealed that almost 25% of these networks had weak or no encryption, making users vulnerable to personal and banking data theft.

Travellers often have their guard down. The unfamiliar surroundings of a new location or a different language can throw up a useful smokescreen for a cyberattack, meaning additional care needs to be taken when logging on. Fortunately, a few smart tools and habits can help you stay protected while enjoying the flexibility of remote work.

Use a VPN for secure connections

A VPN is one of the most effective ways to safeguard users’ online activity, especially when working from unfamiliar locations. By encrypting Internet traffic, a VPN ensures that hackers can’t intercept sensitive data like login credentials or financial details. This is particularly important when accessing work emails or company files on public Wi-Fi, where cybercriminals often lurk.

Switch to an eSIM for reliable, secure mobile data

Another useful digital tool that provides a seamless way to stay connected using local mobile networks with no physical SIM card required is the eSIM. This is a game-changer for international travellers who want to avoid sky-high roaming charges or the hassle of hunting down temporary SIM cards in foreign countries.

With an eSIM, a user can download a local data plan before you even arrive at your destination, ensuring instant connectivity the moment you land. This eliminates the need to rely on unsecured Wi-Fi hotspots, significantly reducing your exposure to cyber threats.

Plus, many eSIM providers allow you to manage multiple profiles on a single device, making it easy to switch between work and personal data plans without juggling multiple phones.

Services like Kaspersky eSIM Store enables users to purchase and activate data plans in advance, track usage and top up as needed, all from a single app.

Enable two-factor authentication (2FA)

When travelling, people often leave devices unattended. To protect against unwanted people logging in, travellers should ensure two-factor authentication (2FA) is enabled on all critical accounts and that passwords are used on all devices.

Final tips for a secure workation

Even with a VPN, eSIM and 2FA in place, your devices still need strong defenses against malware, phishing scams and ransomware. Cybercriminals often target remote workers who may let their guard down while travelling, making real-time protection essential.

Modern antivirus software does more than just scan for viruses, it actively blocks malicious downloads, warns you about phishing attempts and even secures your passwords and financial data.

For the most robust security, consider a solution like Kaspersky Premium, which combines antivirus protection, a VPN and password management into a single, easy-to-use package.

By combining a VPN, eSIM and strong antivirus, you can work from anywhere with confidence, whether you’re sending emails from a poolside or joining a video call from a festival tent.

 


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