BenchMatrix, a leading provider of Governance, Risk, and Compliance (GRC) solutions, is pleased to announce a strategic partnership with IBTIKAR for Information Technologies, a regional leader in digital transformation and enterprise technology services. This collaboration aims to bring innovative, scalable, and regionally tailored risk and compliance solutions to organizations across the Middle East, with a strong focus on the Banking and Financial Services sector.
The partnership combines BenchMatrix’s extensive expertise in regulatory compliance, risk intelligence, and operational resilience with IBTIKAR’s robust digital infrastructure, industry reach, and commitment to enabling organizations through digital innovation.
Under this partnership, IBTIKAR for Information Technologies will serve as an implementation and technology partner for BenchMatrix’s suite of solutions, including its flagship RiskNucleus® Governance, Risk, and Compliance (GRC) platform, the AML Risk Assessment Solution, electronic Know Your Customer (eKYC) system, and Loan Origination System (LOS). Together, they will empower clients to streamline critical processes such as regulatory compliance, risk assessment, audit management, and ESG tracking.
This collaboration builds on IBTIKAR’s successful track record with key clients such as the First Iraq Bank, Industrial Bank, United Nations, Iraqi Navy and Mansour Mall, where they have delivered cutting-edge technology solutions and contributed to large-scale digital transformation initiatives. These established relationships underscore IBTIKAR’s deep industry expertise and their ability to support mission-critical systems across highly regulated environments.
The two companies will now expand their impact through joint regional projects, offering clients a unified, cloud-based GRC experience supported by local expertise and a comprehensive understanding of the regulatory landscape.
About IBTIKAR for Information Technologies
IBTIKAR for Information Technologies is a digital solutions provider focused on transforming organizations through innovative technology, strategic consulting, and enterprise software solutions. Serving clients across multiple industries—with a core strength in the Banking and Financial Services sector. IBTIKAR is dedicated to fostering digital resilience and excellence in the MENA region and beyond.
About BenchMatrix
BenchMatrix is a global technology company specializing in Governance, Risk, and Compliance (GRC) solutions for financial institutions, corporations, and public sector entities. Through its intelligent platforms and consulting services, BenchMatrix empowers organizations to manage risk, ensure compliance, and drive digital transformation.
