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GLOBAL ENERGY INFORMATION FIRM ACQUIRED BY FAME


FAME Information Services See Information Systems. , Inc., a provider of time series data management solutions, has acquired Saladin Limited, the global energy information solution specialists.

Saladin provides extensive pricing data plus analysis, trading and decision support tools to companies in the worldwide energy sector and to financial trading organizations who deal in energy commodities and derivatives. Terms of the transaction were not disclosed.

Saladin is headquartered near London with offices in Princeton, Houston, and Singapore and employs 136 professionals. It currently serves 200 clients -- oil, natural gas and power companies, refiners, utilities, and commodity traders -- in 34 countries. Saladin recently extended its information service by expanding the range of data it distributes to cover daily electricity prices. The company will continue to operate under its current name.

"The merger of FAME and Saladin brings two industry leaders together under one roof, and using a similar technology platform," said Steven Silberstein, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of FAME. "Saladin has a strong history of delivering value-added solutions directly to the desks of key decision makers throughout the energy sector, much in the same way FAME provides solutions in the global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and public sector arena. Both of our key product offerings are built on the FAME software suite, which is beneficial from a strategic as well as efficiency standpoint. Saladin's expertise combined with our own will be of great benefit as we work together to create new, more powerful applications and services for our clients around the world."

Saladin's products range from desktop solutions to enterprise-wide client server systems. They include the Saladin Information Service, a unique offering that aggregates 30 data sources -- including daily energy market information -- from different vendors and makes them available as a single, high-quality data feed; PAWS, which is the energy industry-standard tool for historical data analysis; Crusader, which integrates real time and historical data and analysis; and EnergyServer, a pricing and market data warehouse with built-in, enterprise-wide applications.

In addition, through its Princeton Energy Programme (PEP) division, Saladin provides training for energy industry professionals in the principles and practice of trading and risk management. Over 5,000 energy professionals have attended PEP courses since 1993.

FAME also announced that Jim Perry There are different people named Jim Perry:
  • Jim Perry (1935- ), a former Major League Baseball pitcher, brother of Gaylord Perry
  • Jim Perry (1933- ), a game show host in the 1970s and 1980s
  • Jim Perry, a graphics editor for the New York Times.
, CFO See Chief Financial Officer. , has been named managing director of Saladin. Stepping down as chief executive of Saladin is Ian Macleod, who joined the company in 1995 to oversee a phase of accelerated growth.

Saladin is the second acquisition for FAME this year. On January 20, 1998, FAME acquired Benton Associates, a technology and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 that vastly expanded FAME's ability to offer front-end applications and consulting expertise to clients on a global basis.

About FAME Information Services, Inc.

FAME Information Services, Inc., the preeminent provider of industry-standard technology for the storage and manipulation of financial, corporate, and economic data, is used by more than 350 clients in 37 countries. Sybase, Informix, and Oracle have partnered with FAME to provide database management solutions that integrate relational and time series database technologies. FAME products also offer data delivery solutions for over 50 commercial database providers such as Standard & Poor's DRI See Digital Research.  and Compustat Services, Primark's Disclosure and I/B/E/S units, and Thomson's First Call database. FAME software is made available on Microsoft and UNIX UNIX

Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics).
 platforms including 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. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , and Hewlett Packard.

FAME's sales and support offices are in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, London, Toronto, Boston, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Frankfurt, and Hong Kong, with development and operations in Ann Arbor, MI and Livingston, NJ.

About Saladin

Saladin is the foremost international specialist in the delivery of energy information solutions for supply and trading organizations. The company has developed an unrivalled knowledge of the vast array of market data required by the industry; the complex usage of this data in analysis, trading decision support and risk management; and the technology needed to deliver and integrate information across the enterprise.

Saladin was founded in 1986 by a group of oil industry consultants and technology specialists. The company's products and services are now used by more than 2500 traders, analysts and managers in 200 of the world's leading energy organizations, in 34 countries around the world. Saladin is headquartered in Walton-on-Thames in the UK, with additional offices in New Jersey, Texas, and Singapore.

For further information about FAME products and services, contact: Phil Cenatiempo at +1-212-506-0300 or visit FAME's Web site at www.fame.com. For further information about Benton Associates, please contact Greg Doucette at +1-416-351-3294 or visit Benton's Web site at www.benton.com. For further information about Saladin, contact Becky Wallower wal·low  
intr.v. wal·lowed, wal·low·ing, wal·lows
1. To roll the body about indolently or clumsily in or as if in water, snow, or mud.

2.
 at +44 (0) 1932-262640 or visit Saladin's Web site at www.saladin.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Online Product News
Article Type:Article
Geographic Code:1USA
Date:Oct 1, 1998
Words:760
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