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Strategic Alliance Programme Announced By ITRS

Date 07/06/2010

ITRS Group plc, the leading global provider of predictive, real-time monitoring and proactive application performance management products to the world’s financial community, has announced the launch of its new Alliance Programme.

Alliances are becoming increasingly important to financial markets as more and more technology firms realise the huge benefits they can bring - an increase of between 25% and 40% on business-as-usual in the software industry.

Says Colin Thomas, director, alliances programme at ITRS: “Firms want to work with ITRS because we help them in a number of ways. They can enhance their own real-time monitoring capabilities without running up significant development costs, they can integrate their applications directly into the management structure already in use by more than 50 clients, and they can build their own value-added applications to supply to the ITRS customer base. The ITRS strategy is to work with firms with market-leading technologies with a view to building a rich partner programme providing our clients with more options for adding value to their ITRS Geneos installations and becoming the real-time performance management and monitoring partner of choice to these firms.”

ITRS’s alliance programme comprises three strands:

  •  Managed by ITRS Geneos – for applications and service vendors which would like to deliver solutions that include ITRS real-time monitoring capability.
  • Integrated into ITRS Geneos – for firms which want to tightly integrate their applications with their clients’ ITRS enterprise management framework.
  •  Developed for ITRS Geneos – for vendors which can see a potential for growing their businesses by developing and distributing value-added applications and interfaces to ITRS Geneos to their customers and partners.

Stephen Bates, ITRS CEO, commented: “The alliance with NYSE Technologies announced in 2009 has been very successful and highly beneficial for both companies. There is substantial interest from other firms in the financial industry to follow suit. Our aim now is to build on our experience and reputation by setting up key alliances within the industry.”