As IT Manager of the Palestine Exchange (PEX), Yasmeen Amarneh played a major role in the development and implementation of strategic projects for the Palestinian capital sector. We were thrilled to sit down with Yasmeen and learn how she oversees all technology operations at PEX as well as her valuable insights on how to be successful in technology.
Can you tell us a bit about yourself and your role at PEX?
Currently, I am the IT Development Manager and Acting Head of IT Management Department for PEX. Since joining the exchange in 2009, I have made a significant contribution to the development of the PEX IT ecosystem. I have played a major role in the development and implementation of strategic projects that serve the Palestinian capital sector.
Over the past five years, I have focused on developing the exchange’s strategic projects, including automating its operations and developing its major new systems. I also contributed to the development of internal and external services of PEX.
I have a bachelor’s degree in computer science from the Arab American University of Jenin.
My role is to oversee all technology operations and evaluate them against established goals. In addition, I analyze the business requirements of all departments to determine their technological needs. I oversee technical projects in alignment with organizational goals, working with information engineers to find solutions and manage business activities. Additionally, I oversee a team while working closely with management and external parties like brokers and issuers, leading to improved IT processes.
How did you become involved in capital markets and how has technology influenced your role?
In my view, technology is transforming economies as businesses and industries move towards adopting advanced solutions. digital technology in the capital markets switches from manual operations to digital operations.
I have always found that technology is the best solution to any problem, requirement or change from our regulators or stakeholders. The use of technology can manage massive collections of statistical reports that help investors and traders make the right decision with a clear picture of market behavior. In fact, technological advances in capital markets offer opportunities to increase flexibility, increase efficiency and reduce complexity in the functioning of markets.
New technology-assisted solutions are building human capacity in capital markets. Today, machine learning and artificial intelligence are an integral part of financial institutions. Here, technology does not replace the human brain, but rather a tool to make the investor even smarter.
During your career, what challenges have you encountered and had to overcome?
Balancing my career and my family has always been a challenge. Having a leadership position in technology does not follow the routine work model, it is an area that requires effort and continuous research, and comes with its own unique challenges. This is something I will always have to prioritize and balance with my family obligations. Learning to work with deadlines and to be flexible is essential to advancing my career while making time for my family.
What advice would you give to people who aspire to work in financial markets and play a role in the technology industry?
It is important to remember that failure is not final and there is never enough to learn. I recommend young professionals interested in technology to always ask for help and seek new experiences early and often.
I’ve discovered that success comes from being clear about what you want and not being afraid of the challenges that come with it. Don’t give up easily, you have to believe that you are good enough. Above all, don’t let fear get in the way of your success. Never think that you are not enough or that you don’t have what it takes.