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Eze Software Group, a developer of investment software, has taken the first step in moving its suite of front-to-back office programs onto the cloud with the release of Eze Data Services, the first service supported by Eze’s new cloud-based platform, according to a company statement.
“During the next several years, we will continue to roll out new components on the cloud framework in a phased manner, while simultaneously investing substantial resources to strengthen our core products and build enhanced cross-product integrations,” says Pete Sinisgalli, Eze’s CEO, in a prepared statement.
Eze Data Services is a cloud-based data hub and integration service capable of supporting position and transaction interfaces across Eze’s already existing product suite. The service includes “advanced front-end visualization and monitoring tools” as well as additional control over the communication of investments data, according to a company statement.
The rollout of the data service and cloud framework coincide with a 25 percent increase in R&D spending at Eze for FY 2014, according to a company statement.
In the long term, Eze plans to continue moving other core components of its existing product suite on to the new cloud platform.
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