Virgil and Fulcrum Logic announce global partnership

8 December 2008

Virgil, a global provider of portal based streaming data solutions with a specialization in market data and trading applications for the financial services industry, announced today that it has signed a global partnership agreement with Fulcrum Logic Inc. Fulcrum Logic is now a global implementation partner of Virgil.

Virgil continues to expand its reach globally by partnering with local resellers and system integrators with strong sales, marketing and implementation teams that have a focus on portal solutions for the financial service industry. This partnership ensures Virgil’s position as a leader in the financial portal space and expands the presence of Virgil in the US and the UK.

Fulcrum Logic will now offer Virgil’s One™ to customers and prospects looking for a streaming market data and trading solution integrated with IBM’s Websphere® Portal®. Fulcrum Logic is an IBM Premier Business Partner with a strong Websphere® Portal® customer base which makes One™ an ideal solution for their financial services customers or prospects looking to migrate from various monolithic market data and trading solutions to one integrated market data and trading platform to increase client engagement and employee efficiency.

Additional Fulcrum Logic will also take Virgil’s Live™ product to empower browser based solutions alike with leading-edge, zero-client (no applet, no plug-in) streaming data technology in order to offer their clients and business partners more efficiency, responsiveness and innovation in their daily work.

“After months of product trial and evaluations, we are delighted to partner with Virgil for their Live™ and One™ products. We strongly believe in the value these products can offer to our Customers. Virgil’s strong presence within Banking & Finance Domain and great references from Western Europe, coupled with Fulcrum Logic’s global reach shall provide extended benefits that our customers can leverage” said Rajesh Sinha, CEO at Fulcrum Logic. “We are pleased to welcome Fulcrum Logic into Virgil’s partner program. With Fulcrum Logic’s strong market presence in the UK and US, focus on the financial services industry, and proven IBM Websphere knowledge, we believe this partnership will strengthen our position significantly.” said Floris van Tol, Director at Virgil.

"Additional their on- and off shoring services will expand the professional services capabilities for Virgil and improve the time to market for Virgil new product developments. These further guarantees a long term commitment to our customers based on our ability to deliver innovative business solutions.”

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