NEW YORK, April 25, 2006 - ebusinessware, Inc. announced today that it has signed an agreement with Moment Analytics, Inc. of Roxbury, VT to jointly market software, including Moment Analytics' Roxy trading system and ebusinessware's SpreadBot, to the Credit Derivatives marketplace.
"We are very excited to bring together the development, implementation, and marketing teams of ebusinessware and Moment Analytics," said David Kelly, CEO and founder of Moment Analytics. "The ebusinessware relationship enables us to focus on developing Roxy, while keeping up with client demand.
ebusinessware is the Preferred Integrator of Roxy."
Roxy is a fast and flexible front office platform that can be rapidly deployed to get hedge funds and trading desks up and running quickly without compromising risk management and other financial controls. Roxy integrates with prime brokers, back-office systems, and electronic trading platforms such as TradeWeb and SwapsWire. Roxy is currently in use at two hedge funds, managing over $4 billion combined.
Edward Hoofnagle, CEO and co-founder of ebusinessware, added, "We plan to integrate SpreadBot, our industry-leading credit derivatives price parser and CreditDimensions, our reference data management solution, into Roxy."
ebusinessware's price and reference data solutions are currently in production at several banks and a leading derivatives hedge fund.