Virgil named IBM® Advanced Business Partner

Amsterdam, April 10, 2006 — Virgil B.V., a global provider of dynamic portal products for the financial services industry, has committed to achieve industry-optimised level within IBM’s PartnerWorld Industry Networks. Virgil can now take advantage of IBM's sales, marketing and technical expertise to develop and deliver solutions that meet customer requirements within the banking and financial service sector.

Virgil’s ONE™ Portal Suite integrates high volume streaming data from various public sources (exchanges, data vendors, brokers etc.) and in-house systems into Websphere® Portal and is covering a wide range of front office products (data display and transaction portlets) and mid office products for data distribution and transactions. Increased productivity and improved collaboration are now within range for every financial market organization, with substantial reduction in the number of local applications, resulting in a strong reduction of IT maintenance
costs. Virgil products are built on and fully integrated with Websphere® Portal.

‘Virgil is committed working with IBM to deliver mission-critical financial portal solutions for the financial services industry. The collaboration underlines the domain expertise, strong capabilities and added value of Virgil as independent software vendor. It confirms full integration with IBM® products and our ability to execute.” said Floris van Tol, Director Sales & Business Development of Virgil. “In combination with IBM’s global organization, Virgil is poised for continued growth in delivering effective solutions to the financial service industry.

This partnership will allow us to enter new markets. We have a mature product suite that allows us to setup an international reseller channel. We are looking for IBM® partners, with a core focus on financial services and domain expertise in IBM Websphere® Portal, who want to extend their product portfolio with our ONE™ Portal Suite in order to provide additional services to their customers.’

“PartnerWorld Industry Networks help companies with domain expertise to develop industry solutions fitting IBM technology for customers. This really brings the best of two worlds together,” said Paul de Vin, Business Unit Executive Financial Service Sector IBM.

“Customers aren’t seeking a one-size-fits-all solution—they want tailored, industry-specific solutions that can help them solve their business challenges. That is why we are pleased to work with Virgil in the financial services industry"

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