Software delivers analytics solution for financial services.
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Press Release Summary:
Built DXP(TM) enterprise analytics platform, Spotfire Asset Management helps financial asset managers identify trends and capture arbitrage opportunities in large amounts of constantly changing financial data. It provides interactive visual analysis of investment data from disparate sources, enables collaboration of investment process across enterprise, allows ad-hoc querying, and includes library of discipline-specific analytics applications.
Original Press Release:
Spotfire Announces Enterprise Analytics for the Financial Services Industry
Asset Managers Cash In on the Promise of NextGen Business Intelligence
SOMERVILLE, Mass., March 5 /- Spotfire, Inc. (http://www.spotfire.com/), the Information Insight Company(SM), today announced the release of Spotfire Asset Management, a product designed to help financial asset managers make vital financial decisions with greater speed and confidence. The new solution is built on the powerful Spotfire DXP(TM) enterprise analytics platform.
Hedge fund and mutual fund portfolio managers depend upon their ability to quickly identify trends and capture arbitrage opportunities in large amounts of constantly changing financial data. Spotfire Asset Management allows these and other investment professionals to visually ask and answer any question of their data. With a few clicks of the mouse, the visual, interactive analysis environment reveals hidden patterns, trends and biases - offering better understanding, speeding financial analysis and delivering meaningful insights.
"In a business where the name of the game is speed and accuracy, rapid, thorough analysis can give financial professionals the edge," said Brian O'Keefe, director of financial analytics at Spotfire. "Faster time to insight means faster business decisions, and faster decisions can help companies cash in on market trends early or avoid trouble well in advance."
Spotfire Asset Management provides:
o Fast, visual, interactive analysis of investment data from disparate sources,
o Collaboration of the investment process across the enterprise,
o Ad-hoc querying without IT involvement,
o A library of discipline-specific analytics applications, including:
performance attribution, portfolio risk, compliance, counterparty risk
and near real-time market analytics.
"Spotfire DXP has an incredibly broad appeal for a range of applications because of its dynamic querying capabilities, powerful visual representation and tremendous time savings," said Adam Kaye, an analyst with New Leaf Venture Partners. "I think any hedge fund or mutual fund portfolio manager would find it very valuable."
To further explore the challenging environment that asset managers face today and offer real solutions to analysis in these markets, Spotfire will be hosting an Asset Management Webcast Series. Upcoming topics include:
o Asset Management Webinar - March 9th 2007
o Know Your Portfolio - Attribution Webinar - April 10th 2007
o Investment Process Webinar - May 9th 2007
To participate, visit: http://www.spotfire.com/events/webcasts/financial-analytics.cfm
About Spotfire
Spotfire, the Information Insight Company(SM), is a leading provider of enterprise analytics software for next generation business intelligence. Spotfire software offers a visual and interactive experience that helps professionals quickly discover new and actionable insights in information. Distinguished by its speed to insight and adaptability to specific business challenges, Spotfire software rapidly reveals unseen threats and new opportunities, creating significant economic value. Spotfire's customers include industry leaders among the Global 2000 that have deployed Spotfire analytics to gain an information advantage over their competitors. For more information, visit http://www.spotfire.com/.
Contact:
Amy Groden-Morrison
Spotfire
(617) 702-1710
amy.groden@spotfire.com
Source: Spotfire Inc.
Web site: http://www.spotfire.com/
http://www.daviesmurphy.com/
