September 12, 2008
- Boston, MA
Today, financial markets represent a huge global opportunity for new companies with technologies addressing the challenges involved in reducing risk, raising returns, and optimizing data. These fast moving, rapidly changing markets have capital to spend and customers willing to quickly adopt new technologies that can help them maintain a competitive edge. Increasingly, financial technologies based on software as a service (SaaS) models are showing great potential to address these needs, and are becoming attractive investments for institutional investors.
For financial businesses, lowering risk and increasing return is always the objective. In today’s global market, this requires technologies that enable greater transparency and efficiency and significantly drive down the time and costs of delivering and managing financial products and services. SaaS models are particularly suited to these markets in that they enable centrally managed market data, pricing models, and maintenance — thus lowering the total cost of ownership for clients.
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