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LONDON, UK, January 6th, 2007:
Innovattix Launches TraderIntelligence
Innovattix today announced the beta launch of their new flagship product, TraderIntelligence. This new tool aggregates mutiple trading inputs sources to create a unified view of all trader reference information.
The perrenial problem faced by traders is the access, and then analysis of information sources. Scraps of information remain scattered and in multiple formats, often not allowing them to have a analytical view of the whole picture. TraderIntelligence allows the trader to define sophisticated, visual business intelligence, and it automatically aggregates all information sources to give a unified, overall view. No matter what the sources, from spreadsheets to legacy systems, TraderIntelligence extracts what it needs and gives output and reports based on what the Trader needs to do his job. f you are interested in participating in the beta email TIbeta@innovattix.co.uk |
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LONDON, UK, September 14, 2006:
Innovattix Launches Confirm1T Module to Automate the Confirmations Process
Innovattix today announced the launch of a stand alone application that allows companies trading in the deregulated energy markets to dramatically reduce their operational risks and costs. The heavy reliance on manual business processes to fax paper confirmations, acceptances and disputes between counterparties has made it necessary to find an automated solution.
Confirm1T interfaces seamlessly with client’s existing trading and risk management systems using industry standard protocols such as XML. Confirm1T is unique in being able to send and receive confirmations via Fax or ebXML depending on counterparty. The feature-rich solution provides: production of outbound confirms; automatic outbound faxing; tracking of inbound confirms; tracking of broker confirms; tracking of acceptances and disputes; reporting of due and overdue confirms; full Audit trail of all activities; routing of inbound fax images to users and much more.
“Energy companies face particularly high operational risks and costs due to the heavy reliance on manual processes when confirming trades by fax,” said Innovattix CEO Michael Hepburn. “Our EFET compliant solution can automate the entire process to reduce risk and reduce costs by allowing companies to reallocate staff to other roles. We are excited to broaden our portfolio of software solutions with the launch of Confirm1T.
We have adopted a best-of-breed product strategy at Innovattix. We selected Confirm1T, originally developed by specialist Energy consultancy Seminel, as we recognized the unique value it would bring to our clients through its focus on reducing costs through streamlining their processes.”
About Innovattix
London-based software developer Innovattix is a privately-owned company focused on achieving and maintaining world-class distinction in advanced software solutions. Innovattix has a proven track record delivering cost effective trading and risk management solutions to the commodities market and strives to work with all its clients to develop the right solutions at the right price to meet all their future IT development needs. For more information please visit www.innovattix.com
Press and media enquiries please contact Simi Belo at Guru Pr Telephone 0845 056 9315, Fax 0845 367 3137, email: simi@gurupr.co.uk |
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LONDON, UK, July 9, 2005
Innovattix and GFI Form Joint Venture to Deliver Trading and Risk Management Solutions for the German Market
LONDON, UK, July 9, 2005 - Innovattix today announced it will begin marketing its proven trading and risk management solution in Germany in partnership with GFI. The joint venture will enable GFI’s German sales force to sell Innovattix solutions for power and gas traders along with their own proprietary price discovery tools and real-time and historical market data.
“We are extremely fortunate to be working with GFI in the German market. They are the largest OTC broker in Germany and their hybrid approach of selling broking services and technology solutions has been very successful,” said Michael Hepburn, CEO of Innovattix. “We believe our trading and risk management solution is the ideal low-cost solution for the Stadtwerke companies and our GFI partnership is the perfect way to reach this market given their existing relationships.”
About Innovattix
London-based software developer Innovattix is a privately-owned company focused on achieving and maintaining world-class distinction in advanced software solutions. Innovattix has a proven track record delivering cost effective trading and risk management solutions to the commodities market and strives to work with all its clients to develop the right solutions at the right price to meet all their future IT development needs. For more information please visit www.innovattix.com
About GFI
GFI offers discreet and competitive brokerage services in a variety of energy and commodity markets around the world, including North American, European and UK electricity, coal, natural gas, freight derivatives, precious metals, pulp and paper, North American and European weather derivatives and environmental trading. GFI’s energy and commodity business was voted top energy broker in Energy Risk Magazine's 2005 annual survey and number one in a variety of precious metals markets by Risk Magazine in its 2004 Energy Rankings survey.
Press and media enquiries please contact Simi Belo at Guru Pr Telephone 0845 056 9315, Fax 0845 367 3137, email: simi@gurupr.co.uk
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LONDON, UK, March 28, 2005:
Michael Hepburn Joins Innovattix Limited as CEO to Grow Trading and Risk Management Business
Innovattix Limited is pleased to announce the appointment of Michael Hepburn as CEO. Previously, Michael was Director of Business Development, Sales and Marketing with the trading software developer Trayport. Michael also spent five years in the City working in equity research and institutional sales with Soloman Brothers and Bear Stearns. Michael holds a BComm (Honours) from Queen’s University, an MSc in International Relations from LSE and a MA (Distinction) in International Peace and Security from Kings College.
“The appointment of Hepburn is an integral part of the Innovattix strategy to expand its presence in the energy trading and risk management software market,” said Innovattix founder Jawad Ashraf. “We are extremely fortunate to have Michael on board to develop and execute our growth strategy. Michael brings a wealth of knowledge about how to successfully grow a software company in a very competitive market. His ability to form strong corporate partnerships allows us to work with a number of key strategic partners to help us penetrate the market.”
About Innovattix
London-based software developer Innovattix is a privately-owned company focused on achieving and maintaining world-class distinction in advanced software solutions. Innovattix has a proven track record delivering cost effective trading and risk management solutions to the commodities market and strives to work with all its clients to develop the right solutions at the right price to meet all their future IT development needs. For more information please visit www.innovattix.com.
Press and media enquiries please contact Simi Belo at Guru Pr Telephone 0845 056 9315, Fax 0845 367 3137, email: simi@gurupr.co.uk
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