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Perforce Software Selected by N4Solutions to Manage Development of Next Generation Financial Application Systems

Yateley, UK, 3 May, 2006. Perforce Software today announced that N4Solutions (N4), a leading strategic point of sale partner for the financial services industry, is using Perforce, the Fast Software Configuration Management (SCM) system, in the development of next generation financial application systems.

N4 specialises in multi channel point of sale (POS) systems, supporting the provision of mortgage, general insurance and financial planning advice within regulatory frameworks. To track and manage the development of its POS solutions, N4 selected the Perforce SCM system because of its high performance, ease of deployment and flexible licensing structure.

“With new compliance acts in place, the financial services industry is undergoing radical changes and transformations,” explained Andrew Doherty, Chief Technology Officer at N4. These acts also affect us as an industry supplier so it is important that we adopt our own best practises, especially during the development of our services for the financial services industry.

To that end, Perforce’s performance, ease of use and robustness has encouraged us to evaluate the way that we manage the lifecycles of new and existing applications. As a result, our development processes are much quicker and more thorough than before.”

Specifically, Perforce has improved the efficiency of N4’s development process, ensuring that the team always has a clear picture of the changes made during the development lifecycle. When N4 was comparing different SCM systems, Perforce’s functionality and ease of use stood out as well as Perforce’s near-zero administration overhead and its robustness.

Dave Robertson, Director of European Operations for Perforce Software, said: “SCM systems are more important than ever to help organisations comply with the raft of new regulations. With the combination of intuitiveness, flexibility and performance that Perforce SCM features, we have seen considerably more interest from companies in the financial sector aiming to balance regulatory compliance with the timely delivery of complex software projects.