About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Actuate and ClusterSeven Partner for Marketing of Spreadsheet Solutions

Subscribe to our newsletter

Actuate Corporation and ClusterSeven have signed a joint marketing agreement, under which the vendors will work together to tout their spreadsheet management solutions to the market as compliance and risk management enablers. The vendors have therefore combined their respective offerings, Actuate’s eSpreadsheet and ClusterSeven’s Enterprise Spreadsheet Manager, to gain extra clout in the tough economic climate.

This is the latest in the spate of smaller vendors linking up to strengthen their marketing and sales efforts in the market, as firms slash their budgets and scrutinise vendors more closely.

According to the vendors, the combined offering delivers spreadsheet production, maintenance, archiving, security, data integrity and compliance with improved productivity, flexibility and document lifecycle management. Nobby Akiha, senior vice president of marketing at Actuate, explains. “Our agreement is timely, as we can now provide a solution that ensures our customers are not vulnerable to data irregularities and meet heightened standards of compliance without interrupting user familiarity and productivity.”

ClusterSeven claims that the solution is designed to help meet regulations and maintain compliance for users of Actuate’s eSpreadsheet that design, generate and distribute information as interactive spreadsheets. In addition, ClusterSeven says it allows eSpreadsheet customers to free up corporate resources spent on meeting regulatory criteria while saving costs and reducing the likelihood of fines.

Ralph Baxter, CEO of ClusterSeven, adds: “Our unique, non-invasive file watching capabilities allow users to retain all the familiarity and flexibility of their spreadsheets while data veracity and transparency are assured.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Potential and pitfalls of large language models and generative AI apps

Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also...

BLOG

S&P Global Dataset Aligns MiFID II and SFDR Sustainability Reporting Requirements

S&P Global launches SFDR Sustainable Investment Framework dataset via Xpressfeed and Snowflake. The dataset enables market participants to align reporting with MiFID II and SFDR requirements when incorporating sustainability considerations into investment decisions. S&P Global Sustainable1, S&P Global’s central source for sustainability intelligence, has released a dataset that enables financial markets participants to better align...

EVENT

Data Management Summit New York City

Now in its 14th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...