- Revolutionary, portable and cost effective GIPS® compliance solution
is the only product designed to support investment banks and verification firms -
Stockholm, Sweden, March 2, 2009 - Panopticon Software, the leading provider of Treemap and Heatmap data visualization software, today announced that Opturo® Solutions On Demand™, one of its OEM Partners, has introduced a major new product built using the Panopticon Developer SDK. The system utilizes a variety of data visualizations, including Treemaps, Heatmaps and Scatter Plots, to allow hedge funds and related financial services firms to build, manage and report composites in compliance with Global Investment Performance Standards (GIPS®).
GIPS® are universal, voluntary standards used by investment managers for quantifying and presenting investment performance that ensure fair representation, full disclosure and apples-to-apples comparisons. GIPS® are administered globally by the CFA Centre for Financial Market Integrity, the thought-leadership and policy-setting arm of CFA Institute (www.cfainstitute.org).
Opturo® Composite Consultant leverages the Data Analysis Scrubbing Transformation & Loading (DASTRL) infrastructure to offer the most comprehensive, flexible and cost effective compositing solution on the market. The product is designed to support the needs of any firm, including small and medium-sized funds as well as global giants. The product leverages unique data visualization technology from Panopticon Software to allow fund managers to view compositing and validation rule results in Treemaps, Heatmaps and Scatter Plot data visualizations at any point in the trading process.
Opturo® is a Panopticon OEM Partner and utilizes the Panopticon Developer Software Development Kit (SDK) as a critical tool in the creation of its products. Kenneth D'Silva, President of Opturo® Solutions On Demand™, said, "Composite Consultant is the world's first plug-and-play comprehensive compositing software product. The software reads account data and scrubs, validates and analyzes data on the fly. Panopticon's data visualization technology provides our users with fantastic visibility into their operations, with amazing monitoring and fast analysis capabilities available with a mouse click. There is simply nothing as advanced as Panopticon when it comes to dealing with large, constantly changing datasets."
Willem DeGeer, CEO of Panopticon, stated, "Composite Consultant is an excellent example of what's possible when you combine our Developer SDK with an in depth knowledge of user requirements. The Opturo® team has many years of experience in financial services and they were able to build this new product very quickly due to the flexibility and usability of our SDK. They used the latest version of Panopticon Developer Java SDK, which, along with the .NET version of the SDK, is now in its 5th generation."
About Opturo ® Solutions On Demand™
Opturo® Solutions On Demand™ leverages the latest advances in data visualization and data handling technology to provide financial services firms with software solutions that improve visibility into operations, increase productivity and reduce IT-related risk. Opturo's® mission is to achieve successful outcomes for financial services companies through a combination of unparalleled customer service, excellent implementation experience and innovative software development driven by deep domain experience.
For more information, contact:
Ken D'Silva, President, +1 617 899 9132, email@example.com , www.opturo.com
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, Heatmaps 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, Advent Software, Deltek, and Arcelor Mittal. The company has offices in New York, London and Stockholm.
For more information, contact:
Hugh Heinsohn, VP Marketing, +1 503 360 4844, firstname.lastname@example.org, www.panopticon.com
All trademarks used herein, whether recognized or not, are the properties of their respective companies.