Digiterre Partners With Man Investments to Deliver Award Winning Secondary Market Trading Solution

LONDON - Digiterre, leading provider of software products and enterprise software development services to the investment management community, today congratulates Man Investments on winning the “Best use of business-to-business ecommerce” category at the Financial Sector Technology Awards 2009.

The award comes as a result of a partnership between Digiterre and Man Investments to develop a trading system to support Man’s new secondary market business.

Digiterre worked with Man Investments to develop a system for trade capture, risk reporting and middle office operational support with integration to Man’s back office systems. The system is integrated with the MI Trade ecommerce website and is the first project to be built according to Man’s new enterprise architecture standards.

Digiterre’s team worked closely with Man Investments’ business and technology staff using an Agile approach to deliver the project.

“This was the first time we have undertaken an Agile project with a partner,” says Peter Leathers, Delivery Manager, Man Investments. “We chose Digiterre because of their focus on the investment management sector and proven ability to deliver innovative software to tight timescales using an Agile approach.”

Digiterre has a long history of partnering with large organizations such as Man Investments to offer a flexible software development capability that can deliver big results in a short amount of time. Having worked together in the past, both Digiterre and Man Investments are pleased to have an ongoing relationship beyond the scope of the project.

“I am very pleased to have Digiterre as one of our strategic delivery partners,” says Mike Wright, Global Head of Technology, Man Investments. “Being able to call upon them enables us to respond quickly to changing business priorities.”

The partnership and the award to Man Investments reflects Digiterre’s continued success in the enterprise software delivery business.

“I am delighted to hear that the MI Trade system has been selected for an award,” says Martin Cheesbrough, CTO of Digiterre. “We enjoy working with Man Investments and this award is due recognition for the work done by everyone on the joint project team.”

About Man Investments: Man Investments is a global leader in alternative investments providing innovative products and tailor-made solutions to private and institutional investors.

About Digiterre: Digiterre provides software products and enterprise software development services to the investment management community.

Source: Digiterre

Jennifer Maitland, JenniferM at digiterre.com, +44(0)20-7381-7925