Partnership Adds Business Intelligence, Reporting and Portfolio Management to ARGUS Suite
Houston, TX, and Needham,
MA, March 10, 2009 – ARGUS
Software and Resolve Technology have today announced
the formation of a new strategic partnership,
enabling ARGUS Software to offer Resolve’s
business intelligence, portfolio management,
and investor reporting solutions for real estate
investment management.
This partnership combines the industry-proven
portfolio analytics, asset valuation,
and cash flow projection capabilities
of the ARGUS Software product suite with
the investment management capabilities
offered by Resolve, which include fund
modeling, waterfall and fee calculations,
debt modeling, and what-if scenario analysis
for performance optimization.
“This partnership brings true
investment management tools to the market,
not just a dressed up property management
solution,” explains Mark P. Kingston,
president and CEO of ARGUS Software. “The
tested and industry vetted calculations
embodied in the ARGUS suite combined with
the reporting and analytics strength of
the Resolve suite create a powerful combination
that will help commercial real estate companies
better manage the risk and performance
of their property portfolios.”
Resolve’s real estate investment management
solutions are used by the world's leading
real estate investment management organizations
to optimize investment strategies, maximize
investor returns, and provide all stakeholders
with unprecedented level of transparency.
“Managing real estate investments
requires timely and informed decisions
driven by reliable data and advanced analysis
tools, especially in today’s economic
climate,” says Eric Forman, CEO of
Resolve Technology. “We are
excited to join forces with an established
real estate powerhouse such as ARGUS Software
to bring a new generation of technology
to this industry. Our solutions provide
360 degree visibility and advanced analytics
capabilities that help companies mitigate
risk, engender better decision making,
and ultimately maximize the performance
of real estate investments.”
About ARGUS Software
ARGUS Software
is the leading provider of software
and solutions for managing the
value of real estate investments
worldwide. ARGUS Software
has a world-class user base consisting
of over 9,000 customers and has
been focused solely on the commercial
real estate segment for over
20 years. |
About Resolve Technology
Resolve Technology’s
products are used by the world's
leading advisory and investment
management firms, REIT's, life
insurance, pension fund, and
banking institutions, managing
over two billion square feet
of real estate worth more than
half a trillion dollars. Customers
include Behringer Harvard, Bentall,
LaSalle Investment Management,
Prudential Real Estate Investors,
Principal Global Investors, and
UBS. Founded in 1990, Resolve
is headquartered in Needham,
Massachusetts. For more information
visit www.resolvetech.com. |
Media Contacts:
For ARGUS Software:
Jennifer Brenner Andrade
VP Marketing Communications
ARGUS Software
Phone: +1-713-341-3630
jandrade@argussoftware.com
For Resolve
Technology:
Eran Livneh
Chief Marketing Officer
Resolve Technology
Tel. +1-781-863-6172
elivneh@resolvetech.com
|