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Leading Spreadsheet Management and Compliance Provider Joins Microsoft London Market Network

LONDON, 28 FEBRUARY, 2008 Finsbury Solutions, a leading provider of spreadsheet management and compliance solutions, today announced its participation in the London Market Network, a select group of companies that have joined forces to provide business and technology services to the London Insurance Market.

In this first-of-a-kind initiative, Finsbury Solutions joins the Microsoft-led group, along with Sequel Business Solutions, Moore Stephens, CIBER, K2, and Meridio. The group of leading-edge technology firms will combine their expertise to offer the London Market a ‘one-stop-shop’ technology solution.

Jeremy Wood, Director and Co-founder of Finsbury Solutions, says: “The London Market Network joins a cohesive, best-of-breed pool of technologies with an optimum implementation programme. The resulting improvements in efficiency and profitability of individual London Market companies will heighten competition, which will, in turn, raise the bar of the industry as a whole.”

Finsbury Solutions’ Spreadsheet Workbench product resolves many of the real business and control issues that surround collating, manipulating, and storing critical business data in a spreadsheet environment. The solution will allow London Market members to seamlessly adopt robust IT controls and procedures into business critical spreadsheet applications, ensuring operational risk issues are minimized, and spreadsheet applications are more robust, scalable and supportable.

Wood adds: “This network provides a formal structure in which vendors and the business community can come together, share problems and solutions, and work out new ways to employ technology solutions faster, more cost efficiently and more effectively.”

Bruce McKee, Insurance Business Development Manager, Microsoft UK, says: “All the partners have been selected because of their ability to solve a business issue or problem that exists in the London Market. They will have solved such problems before; have customer endorsements; solid reputations, and as business partners, the right cultural fit.”

An invitation-only launch event of the London Market Network is to be hosted at Balls Brothers, Mincing Lane, London, on February 28th, 2008.

For more details, visit: http://www.finsburysolutions.com
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Issued on behalf of Finsbury Solutions Limited by Cre8Results

For further information please contact:

Finsbury Solutions:
Jeremy Wood
+44 (0)20 7170 4075 / Jeremy.Wood@finsburysolutions.com

Cre8 Results:
Renske Law or Tania Vie Riba
+44 (0)20 7734 9199 / finsburysolutions@cre8results.com

NOTES TO EDITORS:

About the London Market Network
The specialist partners within the London Market Network are:

•Sequel Business Solutions (Broking, Underwriting and Accounting Solutions)
•Moore Stephens (Business Performance Management)
•CIBER (MS-CRM, SharePoint and K2 Workflow Deployment)
•Finsbury Solutions (Spreadsheet Management)
•K2 (Workflow and Business Process Solutions)
•Meridio (Records Management)
•Microsoft (Windows Server 2003, SQL Server 2005, SharePoint Server 2007)

About Finsbury Solutions

Spreadsheet Workbench from Finsbury Solutions is a leading spreadsheet management and compliance solution. It helps financial organisations address the issues of risk, audit, version control and compliance that are inherent with the use of business critical spreadsheet applications. Formed in 2005 Finsbury Solutions is based in London and New York.
For more information, visit: www.finsburysolutions.com

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

For more information, visit: www.microsoft.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Cre8 Results in the following categories: Business & Finance, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.