What ManafSoft does

ManafSoft is a Jordan-headquartered fintech software firm that has been operating for approximately 25 years, providing enterprise software systems to financial institutions and public companies across the Middle East. Its core offering is a fully-integrated Brokerage ERP covering back, middle, and front office functions across equity, margin, options, futures, forex, bonds, portfolio management, solvency, CRM, and a client portal, with multi-market, multi-currency, and multi-investment capability. The product portfolio is built around three additional core modules — Asset Management Systems, Shareholders Management System (including IPO and General Assembly Meetings), and Compliance Systems (AML and FATCA) — plus a Real Estate Property Management system and a Consultations service line.

The platform is delivered as a cloud-based solution with a structured implementation methodology (Business Mapping, Gap Analysis, Process Design, simulation, and training) and is customized for each client. Margin is generated through enterprise software licensing (recurring) and professional services/implementation. Named clients include Palestine Exchange, ABC Investments, Capital Investments, Awraq Investments, Capital Bank, Arab Bank, Arab Jordan Investment Bank, Jordan Kuwait Bank, Iraqi National Bank, and Jordan Telecom, with geographic coverage spanning Jordan, Palestine, Iraq, Syria, Libya, and Kuwait. The company is privately held and founder-led (Sameh Aloul), with no disclosed external funding or parent company.

Name

ManafSoft

Legal name

Manafsoft

Website

https://manafsoft.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

ManafSoft is a Jordan-based fintech software provider serving Middle East brokerages, banks, exchanges, and public companies with integrated brokerage ERP, asset management, shareholders management, and AML/FATCA compliance systems on a cloud platform.

Ownership category

akta.pro rank

Product category

Capital Markets and Brokerage Software

NAICS

Software Publishers (5132)

akta.pro primary industry

Technology, Software & IT Services (FSABACAJ)

Keywords

• Brokerage ERP software
• Asset management systems
• Shareholders management software
• AML compliance software
• Fintech back office solutions

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Enterprise Software Licensing: Licensing of specialized fintech software systems including Brokerage ERP, Asset Management, Shareholders Management, Compliance Systems, and Real Estate Property Management. The company provides customized solutions with implementation and customization services.
2. Professional Services and Implementation: Consulting and implementation services including Business Mapping, Gap Analysis, Process Design, and system simulation phases. Ongoing support and customization services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ManafSoft develops and licenses specialized fintech software for financial institutions, centered on a fully-integrated Brokerage ERP that covers front, middle, and back office functions across equity, margin, options, futures, forex, bonds, portfolio management, CRM, and a client online portal. Its portfolio is complemented by Asset Management, Shareholders Management, Real Estate Property Management, and AML/FATCA Compliance Systems, delivered as customized enterprise solutions with implementation, customization, and consultation services.

Product overview

ManafSoft provides a suite of enterprise fintech solutions for the financial services industry. The product portfolio centers on a core Brokerage ERP System with fully-integrated back, middle and front office capabilities covering multi-markets, multi-currency, and multi-investments (Equity, Margin, Options, Futures, Forex, Bonds, Portfolio Management, Solvency, CRM). This is complemented by Asset Management Systems for portfolio and fund management, Shareholders Management System for corporate actions and IPO management, Real Estate Property System for property management, and Compliance Systems (AML/FATCA) for regulatory compliance. The company also offers consultation services. All products serve financial institutions including brokerage firms, investment companies, banks, and publicly listed companies, with a claimed 25 years of market presence.

Differentiator

Problem solved

Functional benefit

Products and services

• Brokerage ERP System Fully-integrated back, middle, and front office brokerage ERP covering multi-markets, multi-currency, and multi-investments, including Equity, Margin, Options, Futures, Forex, Portfolio Management, Solvency, Bonds, CRM, and a client online portal. Built for brokerage firms, securities companies, and trading houses that need an end-to-end trading and operations platform.
• Asset Management System
• Shareholders Management System Comprehensive shareholders system managing day-to-day shareholder trade transactions and corporate actions for public listing companies. Includes an Aging Module for outstanding accounts, IPO Systems for initial public offering processing, and a General Assembly Meetings System for shareholder meeting scheduling, notifications, and voting. Built for banks and publicly listed companies.
• Compliance Systems (AML and FATCA) AML system for monitoring transactions, verifying customer identities, and identifying suspicious activities via dashboards, screening, profiling/scenarios, dynamic scenario builders, risk-based approach, alerts, KYC, and STR reports. FATCA system for collecting and managing customer profile information, customer screening, FATCA indicia setup, and FATCA indicia customer lists to support tax compliance for foreign financial institutions. Built for banks, brokerage firms, and investment companies.
• Real Estate Property Management System Advanced and comprehensive property management system enabling investors and landlords to manage, track, and archive data, operations, accounting, property maintenance contracts, services, and property management for landlords and tenants. Built for real estate investors, landlords, and property management companies.
• Consultations Consultation services for business process analysis and system implementation, delivered through ManafSoft's structured methodology of Business Mapping, Gap Analysis, Process Design, simulation, and training. Built for financial institutions and corporate clients implementing ManafSoft software.

Quantifiable outcome

• Significantly enhanced efficiency and effectiveness of brokerage operations
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• FIS Global: FIS is a global financial technology provider offering solutions across banking, brokerage, asset management, and capital markets. Comparable product overlap in brokerage back office, OMS, and asset management, though serving a much broader market globally.
• Temenos: Temenos provides core banking and wealth management software used by banks globally, with significant MENA presence. Comparable as it offers integrated banking and investment solutions to financial institutions, though ManafSoft's brokerage ERP is more capital-markets specialized.
• Calypso Technology (Broadridge): Calypso (now part of Broadridge) provides capital markets software for trading, risk, and post-trade processing across asset classes. Comparable as a vendor of integrated front-to-back capital markets infrastructure, though at global incumbent scale.
• Oracle Financial Services: Oracle Financial Services offers banking, capital markets, and asset management platforms used by large global financial institutions. Comparable as an incumbent vendor providing integrated banking and brokerage software at significant scale.
• SS&C Technologies: SS&C owns the Advent portfolio (formerly Advent Software), providing portfolio management, trade order management, and back-office solutions to asset managers, brokerages, and hedge funds. Comparable as it provides integrated front-to-back capital markets software, but at vastly larger global scale.

Emerging players

• Intellect Design Arena: Intellect Design Arena provides banking, brokerage, and wealth management software with strong Asia-Pacific and emerging markets presence. Comparable as it offers integrated front-to-back capital markets and asset management suites to mid-tier financial institutions.

Direct peers

• Murex: Murex provides trading, risk, and post-trade software for capital markets, including front-to-back office platforms for equities, FX, derivatives, and securities financing. Comparable as it directly competes in the integrated brokerage/back-office space ManafSoft addresses.
• NetSol Technologies: NetSol Technologies provides enterprise software for the global asset finance, leasing, and brokerage industry with strong presence in emerging markets (Pakistan, MENA). Comparable as a regional-headquartered fintech software vendor targeting capital markets and financial institutions with integrated suites.

Regional players

• Path Solutions: Path Solutions is a Kuwait-headquartered banking software vendor focused on Islamic and conventional banking in the Middle East and Africa. Comparable as a regional fintech software peer also serving MENA financial institutions with integrated core platforms.
• ICS Financial Systems: ICS Financial Systems is a Lebanon-based vendor of banking and financial software serving MENA banks. Comparable as a regional fintech software peer targeting similar banking and brokerage customers in overlapping geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ManafSoft