New standard for information integration and analysis
London, 14 July 2005 - Elucidon Group Limited ("Elucidon") confirmed today its involvement in the newly launched portal by Markit Group Limited ("Markit"). The Markit Portal, powered by the Elucidon Server and Web Application software, offers financial market professionals unique insight and commentary by combining market data, news and research with state-of-the-art information analytics.
The Markit Portal is built on Elucidon's portal solution based on the Elucidon Server 2005 and Elucidon Web Framework 2005 products. Elucidon's portal solution provides a single integrated environment where the user can move seamlessly between text and numerics in order to search, analyse, research, monitor and visualise specifics in such data as well as discover interconnections and relationships between elements and entities within and between the different data types. This enables the Markit Portal to take a fundamentally different approach to accessing and integrating information. Ease of use, providing a unique 3600 view of pricing, news and research without any need to know ticker codes or complicated menus; visualisations for spotting unusual price or news movement; and internet delivery for low cost and mobile access are all key features of the Markit Portal proposition.
Kristofer Mansson, co-founder and CEO of Elucidon, said: "Nowhere is the pursuit of knowledge and insight more vigorous and dynamic than in the financial markets. Gaining advantages, however, is no longer based on just having access to the right textual and numerical information but increasingly on technology and tools enabling analysis across both information types. Today, users rarely ask for more information but for easy ways of monitoring, exploring, researching and analysing data and content of different types, from multiple sources and in a single application environment. We are very pleased that Markit has recognised Elucidon’s end-to-end software solutions as leading edge in this regard."
Lance Uggla, Chief Executive Officer of Markit, remarked: "Elucidon's innovative and user-oriented information analysis technology gives Markit a clear advantage in seamlessly integrating text and data which made them the right choice to partner with in the design and build of the Markit Portal."
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