SlaterLabs Inc. today announced a number of major company milestones, directly responding to increased demand for next-generation banking software renewal and replacement solutions by introducing Etude-Virtuoso, an innovative programme for customers to evaluate, purchase, implement and continuously upgrade their banking software entirely over the Internet.
The company is also announcing the opening of new offices in Dubai and Geneva; the appointment of two key senior management positions; and the formation of an Advisory Board in preparation of the company’s NASDAQ Direct Public Offering (DPO) early next year.
“Today’s announcements are in further response to strong market demand for a truly commodity-based banking system, and are entirely consistent with our company’s vision of a fully commoditised banking software industry by 2015.” says John Slater, CEO and Chairman, SlaterLabs.
Mr. Slater continues, “Etude-Virtuoso empowers financial institutions with greater speed and optimised control of their application software renewal or replacement projects by providing on-line access to a global community of banking software developers.”
Etude-Virtuoso employs SlaterLabs revolutionary FugaGRID development technology, which facilitates large-scale, distributed and synchronous application software development. FugaGRID co-ordinates and monitors interaction between SlaterLabs own development laboratories and its global community of customer development teams.