Free press releases distribution network?

Agency / Source: Prodiance Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Prodiance Completes Successful 2010 with Profitability & Wins at 4 of the Top 5 Financial Services Firms - Prodiance announced their most successful year ever in 2010, reaching profitability with an 80% increase in revenue over prior year’s results and 100 customers across 20 countries and 6 continents
Prodiance Completes Successful 2010 with Profitability & Wins at 4 of the Top 5 Financial Services Firms

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/01/11 - Prodiance announced their most successful year ever in 2010, reaching profitability with an 80% increase in revenue over prior year’s results and 100 customers across 20 countries and 6 continents.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Prodiance Corporation, a global provider of Enterprise Risk Management solutions, announced their most successful year ever in 2010 reaching profitability with an 80% increase in revenue over prior year’s results. This growth firmly establishes the company as the fastest growing Spreadsheet Control vendor and a key player in the overall Enterprise Risk Management market. Since launching the company in July of 2005, Prodiance has acquired more than 100 customers across 20 countries and 6 continents. Prodiance technology is now the solution of choice at 4 of Top 5 financial services firms in the world - all of which have enterprise-wide programs in place to mitigate spreadsheet and end-user computing (EUC) risk.

"In a relatively short period of time, Prodiance went from zero customers to becoming the fastest growing and most innovative Spreadsheet Control vendor," said Soheil Saadat, President and CEO at Prodiance. "Before we entered this market, the Spreadsheet Control market was a relatively stagnant industry. Prodiance redefined the requirements for Spreadsheet Control based on auditor guidance while delivering a user-friendly solution with enterprise class performance and scalability. Our 2010 results prove the company is setting the pace for the entire industry, and we will raise the bar again in 2011 with constant innovation and a continued focus on customer success."

Key drivers for Prodiance’s rapid growth in 2010 include a close partnership with Microsoft and leading audit firms, several global customer expansions, and an increasing number of regulatory mandates driving a sense of urgency for spreadsheet and EUC risk mitigation solutions, including the NAIC Model Audit Rule, SOX 404, Solvency II, OMB Circular A-123, and Basel III.

Other notable successes for Prodiance in 2010 include:

• An 80% increase in revenue from software and professional services over 2009 results.
• Reaching profitability with a significant opportunity pipeline.
• Formation of key channel partnerships to expand Prodiance’s global presence, including InstiSys in Brazil, The Cherry Group in the CIS Region, and Wharf T&T in China.
• A number of key executive new hires to further strengthen the Prodiance management team.
• Numerous enhancements to the Prodiance ERM system including new dashboards designed for auditors, enhanced preventative controls, expanded support for Access database controls, and support for the latest Microsoft platform including Office and SharePoint 2010, Windows Server 2008, SQL Server 2008 and Windows 7.
• A very successful and well-attended user group conference held in September 2010 at Walt Disney’s Grand Floridian Resort & Spa in Orlando, Florida featuring presentations on training, thought leadership and best practices from customers, partners and industry experts.
• The launch of two new professional service offerings designed to help companies prepare for EUC control projects and upcoming compliance audits, including the EUC On-site Assessment Service and the EUC Audit Readiness Assessment.

About Prodiance
Prodiance delivers Enterprise Risk Management (ERM) solutions to help improve integrity, transparency and control over end user computing applications such as spreadsheets, databases and BI reports which comprise a significant portion of mission critical data within organizations. Prodiance leverages over 20 years of experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations in more than 25 countries across 6 continents, representing a wide variety of industries - banking, insurance, capital markets, energy, telecommunications, manufacturing, media and entertainment, food and beverage, health care, pharmaceutical, and education - have chosen Prodiance as trusted partner to achieve their strategic goals. Prodiance Corporation is an independent, privately held company based in Pleasanton, California with offices in London, Chicago, Philadelphia, New York, The Netherlands, Brazil, and Shanghai. Additional news and information about Prodiance solutions, products, and services is available online or by calling 925-460-9191.

© 2011 Prodiance Corporation. All rights reserved. Prodiance® is a registered trademark of Prodiance Corporation. All other trademarks are property of their respective owners.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Insurance/Risk Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Prodiance Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Insurance/Risk Management articles,
CATCH Visitors via Your Competitors Announcements!


Prodiance Completes Successful 2010 with Profitability & Wins at 4 of the Top 5 Financial Services Firms

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Eric Perry - Prodiance.com 
925-543-0054 contact[.]prodiance.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Prodiance Corporation securities in any jurisdiction including any other companies listed or named in this release.

Insurance/Risk Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Prodiance Corporation / Company Profile


Read Insurance/Risk Management Most Recent Related Press Releases:

SCOR Named 'Life Reinsurer of the Year 2016' by Asia Insurance Review
SCOR is Named 'North American Life Reinsurer of the Year 2016' by Reactions Magazine
Wunelli Evolves Driver Signature to Take Telematics Apps to Next Stage of Growth
LexisNexis Risk Solutions to Provide Mobile Telematics for Nationwide’s SmartRide Program
LexisNexis Risk Solutions Elevates Insurance Customer Experience with New Active Risk Management Solution
LexisNexis Risk Solutions Launches First Contextual Telematics Insurance Model in U.S.
Resolver’s Perspective™ Incident Management Software Now Fully Integrated with Software House C•CURE 9000 Security and Event Management Solution
PPM 2000 Joins Forces with Resolver
LexisNexis Launches LexisNexis Intelligence Exchange in India for Life Insurers
LexisNexis Risk Solutions Announces New Relationship with Ellie Mae

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today