|Opturo® will incorporate Panopticon's information visualization technology into its new Performance Analysis and Attribution (OPAAS) software for financial institutions
Stockholm, Sweden, November 12, 2008 - Panopticon Software, the leading provider of Treemap data visualization software, today announced that it has signed a partnership agreement with Opturo® Solutions On Demand™, a new company launched to service the rapidly changing needs of financial services customers. The agreement allows Opturo® to embed Panopticon's data visualization technology into its own applications utilizing the Panopticon Developer Software Developer's Kit (SDK) and also to resell Panopticon's SDK and Enterprise products to customers.
Opturo plans to incorporate Panopticon's groundbreaking, unique and industry-leading time-series data visualizations into its historical Performance Analysis and Attribution System (OPASS). With the inclusion of the time-series visualization, OPASS will be the only commercially available comprehensive performance attribution product in the world with that unique functionality. It has the design flexibility to decompose and analyze the investment process thus, providing important answers to both the firm and its investors. OPAAS offers innovative, industry-first features including dynamic filtering on portfolios for targeted analysis on specific segments of the portfolio. Panopticon's visualization tools will help the OPAAS system provide users with the flexibility and functionality they need to truly understand the underlying performance indicators for the holdings in an unlimited number of portfolios.
Kenneth D'Silva, President of Opturo® Solutions On Demand™, stated, "We have used Panopticon's visualization technology in other projects over the years and we fully understand the value it brings to sophisticated systems. Users need software that they can learn to use effectively in very little time, especially in today's market. The Panopticon software is a valuable addition to our product portfolio and we're very happy to be working with them again."
Willem DeGeer, CEO of Panopticon, stated, "We are very excited to be working with the people at Opturo® again. They will be using the latest version of our SDK to create a compelling, easy-to-use front end for their systems. The new SDK offers twelve data visualizations, including our interactive real-time Treemaps. The people at Opturo® have excellent experience in the financial services world, so we are looking forward to working with them to bring the latest data visualization technology to their customers."
About Opturo® Solutions On Demand™
Opturo® Solutions On Demand™ is geared to leverage Information Technology, to provide financial and other business entities, cogent business analysis, to understand the needs of their business for requisite software solutions, and to facilitate the option to build these turnkey solutions. It is the mission of Opturo®, to strive to the utmost and achieve successful outcomes, with specific emphasis on unparalleled customer service, through the individual and combined synergetic commitment of its consultant team.