PolarLake Opens German Office
Published November 2, 2011
Dublin, Frankfurt November 2nd 2011. Today PolarLake, a global leader in applying Semantic Web and Big Data Technologies to the challenges of Financial and Reference Data Management, announced the opening of its office in Frankfurt, Germany.
Marcus Behrend has joined PolarLake as Business Development Manager for Central Europe. Marcus has over 10 years’ experience in the Financial Services industry and has joined PolarLake from RR Donnelley, formerly Bowne, where he held the position of Product Development Manager, EMEA.
Commenting on the opening of the German office, PolarLake CEO John Randles said “We see the German market as key to the development of PolarLake's business. Central Europe represents a great opportunity for PolarLake and the demand for a next generation, modern Data Management platform to meeting the needs of Asset Managers, Investment Banks, Custodians and Administrators is as great in Central Europe as anywhere else in the world. Marcus’s experience, industry knowledge and impressive sales record will prove a great asset to PolarLake as we continue this expansion.”
About PolarLake
PolarLake’s Data Management Platform enables some of the largest firms in Financial Services to acquire, manage and distribute Financial and Reference Data with speed, agility, control with embedded Security not seen before in the Reference Data Management Market.
PolarLake has been recognized by Industry Analysts as a leader in the Reference Data Distribution and Integration space, named by Aite as the most packaged Reference Data Distribution solution and included in the Gartner visionaries’ quadrant.
Financial Services Clients using PolarLake products include 6 of the top 10 Investment Banks, 2 of the top 5 Prime Brokers and 2 of the top 10 Asset Managers. Clients have used PolarLake to make in house and commercial Data Repositories easier to distribute and consume data from. Others have used PolarLake in the end to end Data Supply Chain, sourcing, linking, validating and distributing data.
2012