Protégésoft Lowers Portfolio Management Costs, Increasing the Size of the Serviceable Market

Overview

"The Financial Service Industry (FSI) is facing tremendous challenges from consolidation and convergence arising from a more globalize networked business environment. Individually, FSI firms are now faced with the following challenges:

· Competitive pressure from globalization (margin squeeze, rising supporting cost, ballooning list of substitute services)
· Rising customer expectation in terms of product range, ROI, transaction cost, timeliness of key information, convenience, etc
· Government regulatory requirements that will increases compliance cost e.g. anti-money laundering, Sarbane Oxley, Patriot Act etc

Protégésoft Ltd, a company services billions of funds and wining the Global Innovation Awards Itanium Solutions Alliance in Business Application Catalog. Its newly developed applications based on Itanium-based server help to solve FSI firms’ challenges. A comprehensive case study about how Protégésoft helps to solve the changes as well as the application detail has been developed."