Barclays Capital Invests With Gentia Software; Gentia chosen To Provide Barclays Capital With More Sophisticated Data Analysis.BOSTON--(BUSINESS WIRE)--April 16, 1998--Barclays Capital, the investment banking division of the Barclays Group, has invested in a UK Gentia development license, including Gentia WebSuite. The WebSuite allows Barclays Capital Barclays Capital is the investment banking division of Barclays plc. It is a primary dealer in U.S. Treasury securities and various European Government bonds. Barclays Capital is led by CEO Robert (Bob) Diamond, an American who had been vice-chairman of Credit Suisse First access to Gentia applications via the Web from anywhere in the world, and the ability to deploy them across its UK operations. Gentia was chosen to give Barclays Capital users more sophisticated data analysis through a highly intuitive interface which works directly on top of the existing Sybase software. Barclays Capital wants its key staff to make information the driving force in the business using it to identify investment opportunities and problem areas. Gentia is a powerful, flexible environment for the development of strategic Business Intelligence applications and will provide Barclays Capital with a strategic multi-dimensional management reporting layer across a wide variety of application areas covering all facets of its business. Gentia is able to access, organize and structure information from every data source, database, application and type of file. It delivers on the four imperatives required for Business Intelligence in today's networked world: open network architecture, visual development environment, comprehensive analytics, and enterprise scalability. Barclays Capital is re-engineering its business process to capture and report on more information with greater consistency in the following areas: Profitability Measurement, Account Planning "Account Planning is the discipline that brings the consumer into the process of developing advertising. To be truly effective, advertising must be both distinctive and relevant, and planning helps on both counts. , Time Recording, Transaction Approval, Sales Reporting, Client Management and Internal Time. Most of these applications will use Sybase to hold the key data and Gentia to perform the manipulation and reporting over the Web. About Barclays Capital Barclays Capital is the investment banking division of Barclays Group. Its objective is to provide clients with a broad range of world class debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay and risk management products and services. Barclays Capital focuses on the following activities: Foreign Exchange, Fixed Income, Derivatives, Futures, Commodities, Structured Capital Markets, Syndicated Loans Syndicated Loan A very large loan in which a group of banks work together to provide funds for one borrower. There is usually one lead bank that takes a small percentage of the loan and syndicates the rest to other banks. Notes: Also known as a "syndicated bank facility. , Money Markets and Private Equity. About Gentia Software Gentia Software (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GNTIY) is the leading supplier of analytical applications that enable clients to maximize their competitive position through enterprise-wide deployment of strategic management and predictive decision making solutions. By leveraging the only networked Business Intelligence environment designed for enterprise-wide deployment, Gentia enables a new class of analytical applications, such as the Balanced Scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing , which ensure information delivery to key decision makers' desktops and browsers throughout an enterprise. Gentia Software's worldwide client list of more than 450 customers includes JP Morgan and Company, Citibank, Volvo, McDonald's Restaurants There are more than 30,000 McDonald's restaurants in 119 countries. Restaurants The first McDonald's was not a restaurant at all, but it was a sit-in stand. The company's early franchises were built to a standard pattern that did not offer seating; this was in part to prevent , Heineken Export Group, Swiss Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. and Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. . The company has dual headquarters in Boston and London and operates in more than 20 countries worldwide. For additional information about Gentia, visit the company's Web site at www.gentia.com or call 1-888-4GENTIA or 1-781-224-0750. CONTACT: Gentia Software Stu Cartwright, 781/224-0750 scartwright@gentia.com or Beaupre & Co. Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Glen Zimmerman, 603/436-6690 |
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