Acuity Knowledge Partners wins ‘Best Supporting Institution of 2022’ at GIFA 2022

London, 15 September 2022 – Acuity Knowledge Partners (Acuity), a leading provider of high-value research, analytics, and business intelligence to the financial services sector, is pleased to announce that it won the Best Supporting Institution of 2022 award at the 12th edition of Global Islamic Finance Awards (GIFA).

The results were announced at the Djibouti Palace Kempinski in the Republic of Djibouti. The event was hosted by His Excellency Ismail Omar Guelleh, President of Djibouti. His Excellency Abiy Ahmed, Prime Minister of Ethiopia, was the chief guest.

Damian Burleigh, Chief Revenue and Marketing Officer at Acuity, said, “The award win is a milestone achievement for Acuity, as it recognises our excellence and vision to become the best research and analytics service provider. Our best-in-class client service model is at the heart of what we do for the financial services sector and related corporations across the GCC and the wider Gulf states.”

The MENA region has significant opportunities in knowledge processing outsourcing, with financial services firms, particularly banks, outsourcing not just to countries such as India, but also to Egypt and other nearshore locations. The past two years have seen record growth in areas such as equity capital markets, project finance and commercial lending.

The emergence of new sovereign wealth funds (SWFs) such as ADQ, record oil prices and the overall capital surge in 2020-21 have led to high demand from private equity firms, asset managers and, most notably, SWFs.

We see significant demand for high-quality talent in areas such as financial modelling, IPO support, pitchbooks, project finance support, lending portfolio monitoring and support with ESG reporting. This includes Chartered Financial Analysts (CFAs), accountants and financial experts who can support front offices with deal origination and portfolio growth.

In the Middle East and Africa, we see banking evolving faster than the asset management sector, almost catching up with outsourcing by European and US banks. On the banking front, we see outsourcing demand in areas such as corporate finance, equity and debt capital markets, project and syndicated finance, and commercial and corporate lending. Private equity and analytical quants are in high demand as is cloud-based technology.

See the complete list of award winners here:

Global Islamic Finance Awards (GIFA), founded in 2011, is one of the world’s highly coveted and respected market-led awards in the Islamic banking and finance space. The awards recognise governments, institutions and individuals who have made significant achievements in their respective fields and contribute to the sustainability of Islamic banking and finance as a viable system within the global international financial architecture.

About Acuity Knowledge Partners:

Acuity is a leading research, analytics and business intelligence consultant to the financial services sector. The company’s network of analysts and industry experts, combined with advanced data and technology, supports over 520 financial institutions and consulting companies worldwide to operate more efficiently and unlock their human capital, driving higher revenue and transforming operations. It specialises in investment banking, investment research, private equity and consulting, and commercial lending. Acuity is headquartered in London and operates from nine locations worldwide. In 2019, the company was established as a separate business from Moody’s Corporation through its acquisition by Equistone Partners.

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