Portfolio Management Tops All Investment IT Searches; Back Office, Trading and CRM Round Out 30% of eJigsaw Capital Markets Queries.Business Editors/Technology Writers HAYWARD, Calif.--(BUSINESS WIRE)--Feb. 27, 2001 New data released by eJigsaw (www.ejigsaw.com) seems to indicate that investment firms are increasingly looking to more sophisticated technology solutions as a means of analyzing, anticipating and responding to today's stock market volatility. During the month of January 2001, the top 10% of users who queried on eJigsaw's Capital Markets segment were evaluating IT solutions that addressed Portfolio Management. In the same period, Back Office, Trading and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. accounted for 8%, 7% and 5% of user queries in eJigsaw's Capital Markets Industry segment, respectively. "Our data indicates that IT decision makers in the capital markets industry are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. applications that allow them to analyze, improve and enhance operations, whether that's managing multi-million dollar portfolios or a simple stock trade," said Raghu Viswanathan, President 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. , eJigsaw. While other IT software sectors may be slowing, Advent Software Advent Software (NASDAQ: ADVS) makes software designed to automate portfolio accounting for investment management firms, ranging from family offices and investment advisors to large institutional investors and hedge funds. (Nasdaq:ADVS ADVS Automatisiertes Datenverarbeitungssystem ADVS Assistant Director Veterinary Service ), a leading provider of automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. solutions for the investment industry, has seen revenue for its software and services increase by 35% in the last quarter. "Investment firms of all types and sizes are finding a need to differentiate themselves by offering added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Interestingly, brokerage firms are not the only ones looking for more sophisticated investment management and analysis tools. "Historically, Blue Chip companies have made investments in and acquired complementary startups," said Viswanathan. "Our analysis shows that these same Fortune 500 companies are also using eJigsaw to evaluate management solutions for their own capital portfolios." About eJigsaw eJigsaw (www.ejigsaw.com) helps business customers streamline the IT evaluation process. eJigsaw offers an interactive knowledge resource of over 20,000 products and services segmented within 50 different Industry and Business solution channels. eJigsaw's intelligent search tools enable IT decision-makers to evaluate vendor offerings using Industry, Business and Technology cross-matching. Founded in 1999, the privately-held company is located at 25151 Clawiter Road, Hayward, California Hayward is a city located in the East Bay in Alameda County. The sixth largest city in the San Francisco Bay Area, it is one of the larger suburbs of Oakland. As of the 2000 census, the city population was 140,030. The estimated population in 2007 is 155,312. 94545. |
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