CubeLogic launch “Cubes in the Cloud” SaaS risk management solution
– First customer successfully deployed in the cloud
London. Wednesday 7th February 2018 – CubeLogic, the market leading provider of business intelligence enabled risk management solutions for the energy, commodities and financial markets, launches ‘Cubes in the Cloud’. ‘Cubes in the Cloud’ is a state of the art Software-as-a-Service solution which enables users to consolidate, analyse, manage and mitigate their risks as a cloud hosted capability. This latest SaaS offering augments the broad spectrum of risk management solutions which CubeLogic are already providing to some of the world’s leading organizations. ‘Cubes in the Cloud’ was developed as a result of inbound enquiries from potential clients.
CubeLogic are also delighted to announce they have signed their first client and the solution has already been implemented by a global energy utility. This deal consolidated the strategic relationship between the two organizations which was initiated in 2010.
Lee Campbell, CEO commented. “This is an important step forward for CubeLogic and we see SaaS becoming the preferred method of adopting innovative, new technologies. With increased regulation and market volatility, firms need to be agile and use technology which supports their ever-changing business needs. The benefits of deploying software in this way are such that upgrades and changes can be implemented swiftly, there is far less disruption to business-as-usual and costs are reduced. Our particular solution already has extensive functionality across credit, market, liquidity and regulatory risk management and our roadmap is packed with new features over the coming months as we continue to invest in our solutions. More importantly, we already have our first live client on the platform.”
CubeLogic are showcasing ‘Cubes in the Cloud’ at EWorld in Essen, Germany on Tuesday 6th – Thursday 8th February 2018. Their exhibition stand will be located in Hall 1, Booth 1-128.