PolarLake Opens UK Office
Published June 12, 2002 / Press Releases
PolarLake today announced that it has expanded operations in the UK with the establishment of a new office in London.
The office will support PolarLake's UK-based customers and partners and will be headed up by Paul Wiltshire, a 15-year veteran of supplying software solutions to the UK financial services industry.
PolarLake's Chief Executive Officer, Ronan Bradley, commented:
"We see the UK market as key to the development of PolarLake's business.
PolarLake's enterprise strength assembly and deployment platform for XML and Web Services is particularly suitable for addressing the enterprise integration problems faced by the major banks and financial services companies based in the London area.
Today these organizations are building their own infrastructure and frameworks to allow them to move to the XML-related standards such as FpML and SWIFTStandards XML, as well as Web Services-based architectures.
PolarLake provides the only complete solution that allows the organization to focus on business logic, not infrastructure, and provides a highly productive platform which can evolve as its business evolves."
Paul Wiltshire, UK Sales Manager, said
"I am looking forward to developing and strengthening PolarLake's UK business and I am already finding strong demand for the PolarLake products and vision. The new office will allow us to support our UK-based customers and develop partnerships with software vendors and systems integrators.
There has been a lot of hype about Web Services, but there has also been a lot of confusion about how they can be used in the enterprise. PolarLake's unique architecture and capabilities demonstrates how these technologies can and do solve enterprise IT problems, providing enterprises with real benefits and realistic deployment schedules.
The PolarLake technology is perfectly positioned to succeed in this market and I am delighted to have the opportunity to join such an exciting company.
We are already working with some major companies with project requirements that are a perfect fit for PolarLake. Discussions are progressing positively and I predict that there will be some exciting announcements over the coming months."
About PolarLake
PolarLake enables firms to deliver on the full promise of EDM, integrating into downstream systems with 75% less time and 80% less resources than generic ETL products. Its flagship product, PolarLake RDD (Reference Data Distribution) is a domain specific Integration application built to manage to end-to-end process of Reference Data Distribution.
PolarLake RDD provides unique capabilities for Business Operations, Business Analysts and Technology to manage and control Reference Data Distribution. PolarLake has been recognized by Industry Analysts as a leader in its space, named by Aite as the most packaged Reference Data Distribution solution and included in the Gartner visionaries’ quadrant. PolarLake’s clients include Global Sell side, Buy side and Asset Servicing Institutions.
For more information contact us.
2012