Contract Win

RNS Number : 5148K

Corero PLC

21 April 2010

 



21 April 2010

Corero PLC

("Corero" or "the Group")

 

African Alliance enhances research operations with Blue Curve

Corero plc, a leading provider of financial research software solutions to the securities industry, announces that it has signed an agreement with African Alliance, an investment banking group operating in Africa, for its Blue Curve product suite.

African Alliance will implement several Blue Curve modules to enhance the management of its research content and its distribution to its customers.  The new solution will provide a financial database, automated email distribution, automated vendor distribution and a new Web Portal that will combine African Alliance research content, forecasts and historic data.

Blue Curve was chosen after a rigorous vendor selection process on the basis that the software will provide more functionality, is more flexible and is quicker to implement than other similar products.

Corero will host the Blue Curve software so it can be accessed across the Internet by all African Alliance analysts operating throughout Africa, whether in the office or travelling.

"When looking to upgrade our existing system we researched the market and found Blue Curve to offer the most functionality and flexibility for a business with our structure and size.  We're a growing company and we also need a system that could grow with us", said Randolph Oosthuizen, Head of Research at African Alliance.

"We are delighted that African Alliance has chosen Blue Curve as the basis for it's new research platform", said Mark Robertson, Managing Director of Corero Financial Markets.  "We are proud to be involved in the growth of the African securities business and are excited about working with such a dynamic company.  This deal also highlights the extended appeal of Blue Curve v5 as we deliver it as a hosted service and move towards the SaaS business model."

 

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Enquiries:

Corero plc
Mark Robertson, Managing Director Financial Markets	Tel: [phone]
Merchant John East Securities Limited
John East / Virginia Bull	Tel: [phone]
College Hill
Jamie Ramsay	Tel: [phone]

 

About Corero

Corero plc (London: CORO) designs, develops and delivers market leading software products for financial institutions through its Financial Markets Division, and business and education markets through its Business Systems Division.

Blue Curve software allows organisations to vastly improve the production and distribution of their financial research. It collates and presents complex financial data efficiently and quickly for analysts to make informed opinions on market conditions and trends. It speeds up the process of content creation, content approval and publishing. And it also makes sure that each piece of content conforms to the correct regulatory requirements, and that it gets sent to the right people, using the right method and at the right time.

For more information on Corero, please visit our website at http://www.corero.com

 

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