Industry Leaders Look at a Future with Better Access to Actionable Real Estate Investment Information

Presentations by Resolve Customers reaffirm the need and demonstrate solutions for data consolidation, improved visibility, streamlined investment management, and performance optimization.

Boston, MA (PRWEB) October 3, 2007 -- Executives from leading real estate investment firms gathered last month in Boston for the fourth annual Resolve Technology Client Summit.

With the theme of A Look to the Future, the summit provided a unique venue for real estate investment leaders to share ideas and best practices for addressing common trends and challenges faced by the industry:

• The rising complexity of investment portfolios and partnership structures

• The increase in demand from investors for timely and actionable data

• The ongoing pressure to maximize investment returns

• The need to establish scalable and repeatable business processes

A common sentiment that echoed among summit participants was the need for better access to comprehensive, accurate, timely, and reliable data to support investment decisions. "You cannot survive in this business without a consolidated view of the data," said Michael Pearce, Vice President of Information Technology for Bentall Capital and one of the speakers at the summit.

It was apparent by challenges presented by the participants that the age-old practices of extensive reliance on Excel spreadsheets can no longer serve the needs of internal users and investors alike. "The budget presented in Word and Excel was never the same as the budget in the underlying systems," mentioned one speaker.

Summit participants had the opportunity to get an inside look at some of the ways in which Resolve's solutions have been utilized to address these challenges at firms such as Glenborough Realty Trust, Kennedy Associates, Principal Global Investors, and Prudential Real Estate Investors.

"Request has become a key system for our business," said Anne Severs, Director of Real Estate Information Management at Principal Global Investors. "It has made my job so much easier," added Carla Brewster, Director of Financial Management at Glenborough Realty Trust.

This year's summit marked a number of milestones compared to last year's event, with over 100% growth in the number of attendees and a separate technical track. This was also the first time that Resolve's implementation partners participated in the event. "We really got a look at the future of real estate investment management, and we are excited to work with Resolve and its customers to make this future a reality," said Tama Huang, President at MBA Performance Consulting.

Another first was the introduction of Portfolio Maximizer, which enables investment managers to analyze historical and forecasted fund performance, evaluate multiple "what-if" scenarios, and optimize investment strategies to maximize return to investors. "We are excited about Portfolio Maximizer and the capabilities it brings to fund management," said Glenborough's Brewster.

"This gathering was a clear testament to the level of leadership demonstrated by the organizations that understand the industry cannot continue to manage billions of dollars worth of investments using Excel spreadsheets," said Eric Forman, CEO & Founder of Resolve Technology. "We are honored and proud to have such industry leaders as our customers."

"The summit was a great opportunity to learn from the best in the industry. We look forward to coming back next year," summarized Michael Pearce of Bentall Capital.

About Resolve Technology:

Capitalizing on in-depth understanding of the unique and elaborate processes involved in the management of real estate investments, Resolve Technology provides reporting and decision support solutions that enable real estate investment organizations to optimize the management of their portfolios.

Resolve's solutions integrate data from disparate sources to present timely and reliable information to decision makers throughout the organization. By automating data collection and presentation, Resolve removes the tedious labor and reliance on spreadsheets that hinder the ability of real estate investment organizations to access information and respond in a timely manner to changing market conditions.

Resolve's products are used by the world's leading advisory and investment management firms, REIT's, life insurance, pension fund, and banking institutions, managing over 2 billion square feet of real estate worth more than half a trillion dollars. Customers include State Street Bank and Trust, Prudential Real Estate Investors, Principal Global Investors, LaSalle Investment Management, UBS, Boston Properties, and Kimco Realty Corporation. Founded in 1990, Resolve is headquartered in Boston, Massachusetts. For more information visit www.resolvetech.com.

All companies and products listed herein are trademarks or registered trademarks of their respective holders.

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