About FineIT Private Limited
FineIT Private Limited was incorporated in Islamabad, Pakistan, in April 2022 to commercialise methodologies developed by our founding team over the preceding two decades. The company builds audit-ready IFRS 9, IFRS 16, IFRS 17, and Basel III/IV compliance software for 150+ regulated financial institutions across 40+ countries on six continents.
The firm operates regional offices in the United Arab Emirates, Kenya, Saudi Arabia, Kazakhstan, Bangladesh, Nepal, the United Kingdom, and Canada. Strategic partners include KPMG GCC, AARO Systems AB (Sweden), and Russell Bedford Chartered Accountants. More than 3,000 predictive models have been deployed through FineIT platforms, with 200+ Big 4 audit approvals recorded to date and a 100% first-time approval rate across IFRS 9 engagements.
FineIT leadership combines 100+ cumulative years of quantitative finance, regulatory, and audit experience. Muzammal Rahim Khan (CEO and Co-Founder) brings 18+ years of financial engineering and risk technology expertise; Kamran Saeed (COO and Co-Founder) leads operational excellence and client delivery; Dr. Pierre Bultez (Global Risk Analytics) has advised 18 central banks across 72 countries; Dr. Bilal Ahmed Chishty (Quantitative Supervisor) contributes 30+ years of risk modelling depth; and Akhtar Zaidi (FCA ICAEW, 45+ years) is a former Partner at PwC New York.
Key facts
- Incorporated: 18 April 2022 as FineIT Private Limited (SECP CUIN 0200299)
- Headquarters: Islamabad, Pakistan
- Regional offices: UAE, Kenya, KSA, Kazakhstan, Bangladesh, Nepal, UK, Canada
- Clients: 150+ regulated financial institutions
- Geographic reach: 40+ countries on 6 continents
- Big 4 audit approvals: 200+ (KPMG, PwC, Deloitte, EY)
- IFRS 9 approval rate: 100% first-time audit approval
- Predictive models deployed: 3,000+
- Typical implementation: 14-day deployment cycle
Frequently asked questions
When was FineIT founded and where is it headquartered?
FineIT was incorporated as FineIT Private Limited in Islamabad, Pakistan, in April 2022. The global headquarters is in Islamabad, Pakistan, with regional offices in the UAE, Kenya, Saudi Arabia, Kazakhstan, Bangladesh, Nepal, the United Kingdom, and Canada.
What regulatory bodies does FineIT work with?
FineIT builds audit-ready IFRS 9, IFRS 16, IFRS 17, and Basel III/IV compliance software. Its platforms also align with regional regulatory frameworks issued by CBUAE, SBP, SAMA, CBK, NRB, CBB, QCB, BoT, RBF, PRA, and OSFI.
How many institutions use FineIT compliance software?
More than 150 regulated financial institutions across 40+ countries run FineIT platforms. Clients include Tier 1 commercial banks, development finance institutions, Islamic banks, microfinance networks, insurers, reinsurers, leasing companies, and private equity firms.
Which audit firms have approved FineIT solutions?
FineIT solutions have received 200+ Big 4 audit approvals across engagements with KPMG, PwC, Deloitte, and Ernst & Young. The IFRS 9 Estimator 9 platform maintains a 100% first-time audit approval rate across every documented deployment.
What products does FineIT offer?
FineIT publishes seven audit-ready platforms: Estimator 9 (IFRS 9 ECL), ContractHive (IFRS 16 lease accounting), Estimator 17 (IFRS 17 actuarial), Basel Analytics Suite (Basel III/IV), Credit Risk Rating, Risk-Adjusted Valuation, and Model Validation services. A free ECL Calculator and Lease Calculator are also available.
What is FineIT’s typical implementation timeline?
The standard implementation cycle is 14 days from kickoff to first audit-ready output, covering data ingestion, model calibration, testing, and hand-off. Complex multi-entity rollouts and custom model builds are scoped separately during discovery.
Related pages
Meet FineIT
Quant builders, engineers, and delivery leaders focused on audit-ready outcomes.
Explore the company overview, footprint, and how to join the team.
Company
Who we are, leadership, global footprint, and what differentiates our delivery.
Global Footprint
Operations across GCC, South Asia, East Africa, Europe, and North America.
Careers
Roles for quants, engineers, delivery leads, and partnerships in multiple regions.