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Leading Financial Software Solution Vendor XRT Selects OpSource’s Optimal On-Demand for SaaS Delivery

On-Demand Service Complements XRT’s Traditional On-Premise Offerings, Expands Customer Access Options and Opens New Business Opportunities for XRT

OpSource, the SaaS experts, announced today that XRT, a leading provider of software solutions covering the entire Financial Value Chain (FVC), will be using its Optimal On-Demand offering to add, for the first time, Software as a Service (SaaS) as a delivery option for its customers. Going forward, XRT will deliver all of its software products, including Globe$, TWS Express and Business Exchange, on-demand and through a licensed client/server platform.

“We want to ensure that we offer a breadth of delivery mechanisms for our solutions, and partnering with OpSource, with its proven business model and solid reputation in the SaaS industry, is critical to that strategy,” said John Alarcon, general manager of North American operations at XRT. “Our existing customers have shown great enthusiasm for the idea of a reliable on-demand software option. We anticipate that by allowing customers the additional choice of accessing the power of our solutions as a service through Optimal On-Demand, it will open new opportunities for us as well.”

OpSource’s Optimal On-Demand provides a turnkey, scalable service delivery solution for software and service companies that allows them to leverage the SaaS delivery model without making the significant capital and operational investments. Optimal On-Demand includes all of the hardware and network infrastructure, managed services, application management and 24x7 call center operations under the customer’s brand with a 100% uptime guarantee. The entire infrastructure is built on OpSource’s patent-pending technology platform, the OptiTech Services Engine, which supports rapid integration, deployment, and monitoring of on-demand offerings. OpSource utilizes a Success-Based Pricing model for delivering Optimal On-Demand that aligns increasing customer revenue with delivery cost, thereby insuring that our success is determined by our customer’s success.

“XRT is focused on delivering the greatest possible value to its customers in the financial marketplace,” said Treb Ryan, chief executive officer at OpSource. “By choosing Optimal On-Demand to augment their traditional service delivery, XRT will deliver additional value to their customers, move even closer to their customers through the real-time feedback advantage of SaaS delivery, and potentially discover new business opportunities.”