Blade Watch

http://www.datasynapse.com

LONDON, 27 November 2007 – DataSynapse, Inc., the global provider of application virtualisation software, has been recognised by Financial-i as the leader in virtualisation solutions for the financial services industry. The accolade was extended through the magazine’s annual Leaders in Innovation Awards for 2007.

The awards are decided by an industry advisory panel comprised of leading analyst firms and consultants covering the wholesale transaction banking markets, including Celent, TowerGroup and Bloor

They commend those banks and IT vendors that are shaping the delivery of business solutions in the financial services industry.

Judging criteria focused on product innovation over the last 12 to 18 months, cost effectiveness of solutions in terms of implementation and deployment, potential business benefits, ease of implementation and the ability to tackle specific business issues or problems.

Commenting on the award, Alun Baker, managing director and senior vice president, EMEA at DataSynapse said, “We are honoured to be recognised by such an authoritative panel for our commitment to innovation and for delivering business value to our customers. Thirty-five of the top forty European banks have chosen DataSynapse software to standardise their approach to deploying, activating, and managing applications in real-time environments. Awards such as these validate our vision to create more dynamic IT environments that better serve the business.”

Full coverage of the Leaders in Innovation Awards will be published in the Q4 edition of Financial-i.

Well done to DataSynapse for wining the award. This will not only illustrate how DataSynpase products can be used to be a real business enabler, but also as to how Grid/HPC technologies can be used to be a real enhancement to the finance sector particularly in the risk/analytics areas, the ability to price ‘just in time’ to your client can be the difference between profit and loss on that deal.

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