Comit Gruppe pulls its Sword from the scabbard
Zurich -- Comit Gruppe, the Swiss-based financial software vendor, has begun its first marketing and sales push for its operational risk product, Sword. Although Sword has been around for several years -- the product has 750 live users at about three asset management firms around the world -- it has not launched a major marketing campaign until now.
According to Richard Pike, a director at Comit Gruppe based in London, asset management firms Schroders and AMP are both long-term users of the product. But now, the Sword product is on the verge of signing up between five and 10 new firms -- including asset managers, insurance companies, and banks -- during the first quarter. Says Pike: "If we get on a request for proposal (RFP), we’ve never not
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