Skip navigation

...Reuters to equip financial services clients with next generation business intelligence...

London and Somerville, Mass. – October 15, 2007 - Spotfire, a division of TIBCO Software Inc. (NASDAQ: TIBX), today announced that Reuters has entered into a global agreement to distribute TIBCO Spotfire enterprise analytics software for next generation business intelligence to its financial services customers. Under the agreement, Reuters will include TIBCO Spotfire enterprise analytics software and services as part of its existing information services product suite, supported by Spotfire financial services sales and services specialists.

“Reuters serves the global financial services community with essential information products,” said Michael Parlapiano, executive vice president, Global Head of Information Management Solutions. “This is an exciting solution. Adding Spotfire to our suite of solutions helps our clients to more quickly take action on results drawn from all the data available in their firms. It will speed their ability to discover new insights from dynamic financial data, and rapidly adapt their analysis environment to solve any business process or type of data, driving significantly greater returns. Partnering with Spotfire sales and services professionals assures our customers that they have the immediate product expertise to quickly put these tools to work in their businesses."

The TIBCO Spotfire enterprise analytics platform for next generation business intelligence adapts to any business or analysis process and easily extends across the organization to serve users with varying analysis experience and different analysis needs. Reuters and Spotfire have tailored the platform to the needs of financial service professionals, providing specific functionality aimed at their needs, including:

• Faster and more visual interactive analysis of Reuters’ benchmark content in conjunction with other internal and external information sources,

• Collaboration and information sharing across investment teams and the wider enterprise,

• View complex market data in innovative ways, without incremental effort from development teams,

• Access to a library of discipline-specific analytics applications, including: performance attribution, portfolio risk, compliance, counterparty risk and near real-time market analytics.

“Reuters is recognized by business users around the world as a trustworthy and fast source of news and financial information. Spotfire allows people to interact with any type of data, gain actionable information from it in real-time, and share those insights with others,” said Christopher Ahlberg, executive vice president, TIBCO Spotfire Division. “This combination positions Spotfire as a critical analysis environment for use across any department in financial institutions around the world - and this value is evident in the early reaction we’ve received from the industry.”

About Spotfire

Spotfire, a division of TIBCO Software Inc., is a leading provider of enterprise analytics software for next generation business intelligence. Spotfire offers a visual and interactive experience that helps professionals quickly discover new and actionable insights in information. Distinguished by its speed to insight and adaptability to specific business challenges, Spotfire rapidly reveals unseen threats and new opportunities, creating significant economic value. Spotfire’s customers include industry leaders among the Global 2000 that have deployed Spotfire analytics to gain an information advantage over their competitors.

For more information, visit

About Reuters

Reuters (, the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Through and other digital properties, Reuters now also supplies its trusted content direct to individuals. Reuters drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 17,500 staff in 94 countries, including 2,400 editorial staff in 196 bureaux serving 131 countries. In 2006, Reuters revenues were £2.6 billion.


TIBCO, The Power of Now, TIBCO Software, and Spotfire are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.

For further information:

Michele Bayliss
Ascendant Communications
Tel: 01273 475672

This press release was distributed by ResponseSource Press Release Wire on behalf of Ascendant Communications in the following categories: Business & Finance, Computing & Telecoms, for more information visit