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Northpoint Solutions to market and distribute Iteration Real-time Suite

28 April 2004  |  441 views  |  0

NorthPoint Solutions Ltd, a leading provider of integrated solutions for financial institutions, and Iteration Software Inc, a provider of real-time analytic solutions for global financial institutions and businesses, today announced a strategic alliance in which the companies will join forces to provide banks and financial institutions with flexible real-time business analytic's. This will enable companies to maximize opportunities basing their decisions on information as it happens.

With the agreement, NorthPoint and Iteration will collectively market and distribute the Iteration Real-time Suite (Iteration RTS, the world's first complete real-time information delivery solution for today's real-time enterprise).

According to Brian O'Kelly, MD EMEA at NorthPoint, "Not only is the Iteration RTS a breakthrough in real-time reporting, banks are also taking advantage of the opportunity to re-engineer their risk profiling, increase efficiencies, and maximize revenue opportunities. NorthPoint is now uniquely able to offer its clients a flexible solution offering a rapid ROI."

Vincent De Gennaro, General Manager of Iteration EMEA, said, "In addition to the increasing interest in real-time solutions, NorthPoint brings into the fold extensive financial market experience gained over 15 years working for many of the worlds largest financial institutions. At Iteration, we strive to stay at the forefront of technology solutions for our customers. By aligning ourselves with NorthPoint and its premier customer base of more than 200 financial institutions, we are able to reach a broad range of institutions who can take advantage of our advanced capabilities, using the Iteration RTS."

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