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FinArch signs with Saad Financial Services SA in Switzerland to Implement Financial Studio

SFS.SA is a service provider to investment companies in the SAAD Group. Financial Studio will be set up to interface with SFS.SA's back-office application, accounting and reporting software. Market prices will be taken from Reuters via a direct feed, thus enabling to revalue and analyse portfolio performance in real time as well as provide key financial and management information. Financial Studio will provide a platform upon which management can make better informed decisions and facilitate growth through enhanced analysis of financial data and identification of performance attribution.

According to SFS.SA: "The management had been evaluating possible solutions for nearly 2 years and found that Financial Studio from FinArch was the application and the vendor they trusted to deliver a platform that not only meets their needs now but also has the capacity to fulfil future requirements."

Dirk De Beule, Managing Director FinArch comments: "We are delighted to have signed such a prestigious company as SFS.SA in Switzerland, which is a new market for us. We look forward to delivering a high quality product and project value, and to a long and expanding relationship with the SAAD Group".

About FinArch
FinArch (Financial Architects), with offices in the major financials centres worldwide, is a global value leader in providing a new generation of financial management software. The concept of the platform and the integrated approach of the different modules enable innovative financial institutions to quickly implement tactical solutions meeting the overall strategic objectives in financial reporting.

FinArch provides a unique blend of domain expertise, operational services, and technology solutions that accelerate and facilitate financial institutions' ambition to implement a cost effective and reliable financial management platform.

www.finarch.com

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