Crescent Steel & Allied Products has entered into a software agreement with Plexus after evaluating several software options available in the industry. Crescent has chosen Plexus to be the solution provider for implementation of a comprehensive Capital Marketing solution for their business needs.
Crescent Steel & Allied Products has been operating since the last eighteen years and ranks amongst one of the leading steel pipe manufacturing companies in Pakistan. CSAPL has acquired Plexus Investment Management software with the objectives to automate its investment related operations which will bring further efficiency and a better return on investment.
Capital Market Management Software is an integrated product of Plexus specifically designed to cater for the needs of the investment managers of organizations. Plexus has been providing portfolio management software to various institutions in Pakistan. By using this software, investments can be monitored effectively and risks can be mitigated by using advance reporting of the software. This solution is capable of complying with regulatory needs such as the Capital Gain Tax (CGT) related functionalities. An automated knockoff mechanism is included in the software along with a set of reports that allow for calculation of the capital gain tax value and with its relevant details.
"We are pleased that Crescent Steel has selected Plexus’ software to fulfill their portfolio management requirements and the software based solution will facilitate in bringing higher returns to CSAPL investments by leveraging the extensive reporting features of our product" said Mr. Asad ur Rehman, Chief Operating Officer at Plexus.