NEW YORK & LONDON--(BUSINESS WIRE)--Netik LLC, a Symphony Technology Group (STG) company and a leading global provider of financial data creation, processing and distribution solutions, today announced it has rebranded to CoreOne Technologies. The company’s rebranding reflects the completion of its transformation strategy and its position in core franchise business activities for financial institutions.
CoreOne's ability to acquire proprietary capital markets platforms and re-purpose them into trusted industry solutions has uniquely positioned it across key franchise business activities such as equity finance, prime brokerage, funds administration, asset management, delta one, index trading, and web & mobile information delivery.
“Our new brand, CoreOne Technologies, truly defines the importance of our innovative products into vital growth sectors in capital markets where financial institutions are focused on driving growth, while significantly improving their operational efficiencies,” said CEO Rob Flatley. “Meeting the needs of an under-serviced and highly complex marketplace is what drives us, and CoreOne Technologies is perfectly positioned to continue creating unmatched value for our clients across the global financial services industry.”
Since the arrival of Flatley and his new management team, CoreOne Technologies has generated 150% revenue growth since 2010. The company’s growth is due in large part to its focus on key growth sectors and delivered through its three, distinct divisions: DeltaOne Solutions, VistaOne Solutions and PrimeOne Solutions.
- DeltaOne Solutions offers the trading and investment management community a comprehensive technology-enabled service to deliver high-quality, timely and accurate global index and ETF data across all asset classes
- VistaOne Solutions is the leading worldwide financial platform for securely connecting data from complex enterprise systems directly to clients and internal consumers via the web, mobile or print
- PrimeOne Solutions provides a full spectrum of hosted global prime brokerage application services, including physical prime brokerage, synthetic prime, enhanced prime, stock loan/equity finance, margining and MIS dashboards
“We are fully live across a broad spectrum of key capital areas and continue to invest in new products and services,” Flatley added.
The roll out of the CoreOne Technologies brand includes a new visual identity, which will be formally introduced at the CoreOne Technologies 2012 Client Conferences in London on June 12 and New York on June 28.
About COREONE TECHNOLOGIES
COREONE TECHNOLOGIES is a global leading provider of financial data creation, management and distribution services and solutions, used in the front, middle and back office by Asset Managers, Hedge Funds, Wealth Managers, Prime Brokers, Fund Administrators and Investment Banks.
As a growing and expanding company, COREONE TECHNOLOGIES seeks to increase the sophistication and caliber of what it produces, as well as provide limitless services that bring together people, product, well-honed process and proven technology in the delivery of leading financial data management.
COREONE TECHNOLOGIES is a truly global organization with operational centres in New York, London, Santa Clara, Bangalore and Hong Kong in addition to a managed global infrastructure with eight world-class data centers.
About Symphony Technology Group
Symphony Technology Group (STG) is a strategic private equity firm with the mission of investing in and being a partner in building great software and services companies. In addition to capital, STG provides transformation expertise to enable its portfolio companies to deliver more value to clients to retain and attract the best talent and to achieve best-in-class business performance. All STG portfolio companies are expected to grow through innovation. STG's current portfolio consists of 15 global companies with combined revenue of more than $2billion and thousands of employees spread across North America, Europe and Asia.