Quartet FS

Quartet FS

November 30, 2010 07:01 ET

Quartet FS Announces ActivePivot 4.0

Enhancements to multi-core aggregation engine give business users lightning quick information to make fast and informed decisions

LONDON, UNITED KINGDOM and NEW YORK, NEW YORK and PARIS, FRANCE and SINGAPORE, SINGAPORE--(Marketwire - Nov. 30, 2010) - Quartet FS, a specialist provider of Business Intelligence and analytics technology, today announces the availability of ActivePivot 4.0. ActivePivot is a real-time, in-memory and object orientated OLAP aggregation engine and this latest version includes major performance enhancements, new functionality and stronger integration with Microsoft. Designed for knowledge workers, ActivePivot 4.0 enhances productivity by allowing users to make better decisions and take actions based on timely insight and data.

The enhancements in version 4.0 have seen ActivePivot's internal data structures rewritten, underpinned by multi-core processor technology, for even better performance and reduced memory footprint. The transaction pipeline in ActivePivot 4.0 has also been rewritten to greatly improve throughput of the number of fact insertions and updates per second. Unlike relational database solutions, ActivePivot 4.0 responds to queries in a split second when subscribing to real-time market data, grid computing updates or electronic transactions. As a result, the user experience is greatly enhanced and the quality of data available is improved.

In terms of new functionality, ActivePivot 4.0 is better integrated with Microsoft with support for Excel 2010 and access to the ActivePivot real-time streaming API available from the .NET framework through a collection of extendible web services. As a result, ActivePivot can now be integrated into organizations' .NET user facing applications creating richer, more customized interfaces.

Following the proven success of ActivePivot, Quartet FS has just been recognized in the 2010 Chartis RiskTech100 Rankings for the first time. The company's highest score is in the innovation category where Quartet FS was ranked in tenth position highlighting the unique nature of the company's solution.

According to Georges Bory, co-founder of Quartet FS, "Our position in this year's Chartis RiskTech100 Rankings is a real achievement for the company. Our innovation score underlines how we are providing the market with a unique solution that meets today's pressing business needs of providing operational business intelligence that enables informed decisions and actions. With the release of ActivePivot 4.0, we are responding to customers' evolving requirements and aim to provide them with an OLAP solution that offers more flexibility at a lower cost coupled with faster and better performance. With leading banks across Europe, the United States and Asia-Pac already relying on ActivePivot, we are experiencing strong demand for our solution amongst the financial services community and beyond."

About Quartet FS

Quartet FS is a specialist provider of Business Intelligence and analytics technology that enables multi-national companies to make the most of the vast quantities of data they hold by empowering knowledge workers to make informed decisions and take actions in a timely manner.

ActivePivot is our real-time, in-memory and object orientated OLAP aggregation engine which can be easily and quickly integrated into existing architecture to provide proven, flexible, real-time answers that are adaptable to meet a wide range of business requirements.

Our heritage lies in the financial sector but our technology crosses many disciplines including risk management, e-commerce, transportation, telecommunication, logistics, and of course financial markets, all of which demand accurate and current information to perform real-time analysis and render timely decisions.

With offices in Europe, the United States and Asia-Pac, Quartet FS works with some of the world's leading financial institutions, including Crédit Agricole, HSBC, ING, Natixis and WestLB.

For more information please visit: http://www.quartetfs.com/

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