ALaS will also OEM Jaspersoft for embedded business intelligence in its financial services products
San Francisco, Calif. and New York, N.Y. (July 28, 2008) –
To help provide onsite installation and integration services to its clients in the Northeastern United States, Jaspersoft (Jaspersoft.com), the market leader in open source business intelligence (BI), is partnering with ALaS (alascorp.com), a New York City-based consultancy specializing in the financial services sector whose clients include Washington Mutual, Morgan Stanley and Barclays Capital.
ALaS was selected because of its expertise in Jaspersoft’s business intelligence products and the extensive experience its professional engagement teams have in providing clients with system integration services for implementation, customization and deployment. The companies also announced that Alas is embedding Jaspersoft’s BI and ETL products into its financial services control platform for front, middle, and back-office. This integration will provide ALaS software users with a fast and effective window on their data, as well as reducing implementation costs from an ETL perspective.
“Our clients want consulting services to help them customize their Jaspersoft implementations and it is critical to have partners like ALaS to deliver them,” said Nick Halsey, Jaspersoft’s vice president of marketing. “Because ALaS has the skills from embedding our products into their own financial services solutions, they have a level of understanding and proficiency that is greater than most other integrators. It is also important that ALaS will be offering services for the entire Jaspersoft Business Intelligence Suite.”
“The partnership is a good fit because many of Jaspersoft’s customers in the Northeast are financial services companies, which are the main focus of our business,” said Wesley Archer, president and CEO of ALaS. “The experience we’ve gained implementing ALaS DocPortT and ALaS CaPRIT and our other proprietary applications for the world’s largest financial services firms have prepared us well for this exciting opportunity.”
About Jaspersoft Corporation
Jaspersoft offers the most widely used open source business intelligence software in the world, with more than 3 million core project downloads worldwide and more than 8,500 commercial customers in 96 countries. The Jaspersoft Business Intelligence Suite includes products for production reporting, operational reporting, dashboard-driven end-user query & reporting, data analysis, and data integration for use with either stand-alone or embedded business intelligence applications. Jaspersoft is based in San Francisco and is backed by leading venture capital firms Morgenthaler Ventures, DCM, Partech International, Scale Venture Partners and SAP Ventures. More information is available at www.jaspersoft.com and www.jasperforge.org.
About ALaS
ALaS helps financial services firms minimize risk by gaining control over critical post trade processes. ALaS offers process reengineering and consulting expertise across all asset classes and functions including accounting, regulatory reporting and operations. ALaS software solutions include ALaS CaPRI a comprehensive application designed to establish control of the P&L and balance sheet substantiation process; ALaS DocPort a process and procedures documentation portal, and ALaS iSquare a three-way subledger reporting and reconciliation solution. For more information please visit: www.alascorp.com.
Source: Jaspersoft