Technologies & Finance has an excellent staff who know technology and are also very familiar with how to make the best use of our products in financial applications. They have already become quite expert at using our SDK as well as our white label products. We know that they will help us improve our market presence and our support capabilities for our clients in France.
Stockholm, Sweden (PRWEB) October 23, 2008
Panopticon Software, the leading provider of Treemap data visualization software, today announced that it has signed a partnership agreement with Technologies & Finance, a prominent solutions provider for financial services companies in French-speaking Europe. The companies will work together to explain the value of using Treemaps, Heatmaps and other Visual Business Intelligence tools to financial services customers in French-speaking Europe. Targeted applications include Risk Analytics, Trade Monitoring, Portfolio Attribution & Risk, and Algo Trading.
Technologies & Finance is based in Paris, and has a staff of highly experienced people with outstanding backgrounds in Information Technology as it is applied in financial institutions. The partnership with Technologies & Finance reflects Panopticon's strategy to grow its European customer base and expand its indirect sales channel through the EMEA region over the coming years. With an already strong customer base in the US and Northern Europe, in the business intelligence market, Panopticon is very confident in Technologies & Finance's ability to help it become the Southern Europe leader in this market.
Panopticon's products include a comprehensive SDK that allows programmers to embed Visual Business Intelligence tools into their own proprietary enterprise applications. The company also offers productized desktop and web-deployed systems that can be implemented very quickly without programming. Technologies & Finance will be reselling all of Panopticon's products and will also provide in depth training and first line customer support to financial services firms in France.
Willem DeGeer, CEO of Panopticon, said, "Technologies & Finance has an excellent staff who know technology and are also very familiar with how to make the best use of our products in financial applications. They have already become quite expert at using our SDK as well as our white label products. We know that they will help us improve our market presence and our support capabilities for our clients in France."
Cyril Chiche, Managing Partner at Technologies & Finance, stated, "We completely understand that value of using Panopticon's Visual Business Intelligence tools in financial applications. These tools help our customers find hidden problems very quickly, particularly in terms of managing their risk exposures across all of their offices, desks and books. Panopticon's software is a fine addition to our offerings and we already completed successful implementations with important clients in our market."
About Technologies & Finance:
Technologies & Finance provides investment banks, asset managers and hedge funds with advanced and cost-effective solutions and services to support their market activities across asset classes. The company's recognized expertise has made it a preferred partner of leading financial institutions in Southern Europe as well as the reseller of choice for some of the most innovative software companies.
Panopticon information visualization technology allows Independent Software Vendors (ISVs) and corporations to add monitoring and analysis functions to their applications. The company's Developer SDK allows programmers to embed Treemaps, Heat Maps and other effective business intelligence capabilities into enterprise applications. Panopticon also offers productized desktop and web-deployed applications that customers can deploy very quickly. People use Panopticon products in a wide variety of industries, including financial services, telecommunications, project management, packaged food, industrial manufacturing, and retail. Clients include Thomson Reuters, JP Morgan Chase, Fortis, Advent Software, Deltek, and Arcelor Mittal. The company has offices in New York, London and Stockholm.
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