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News & Analysis

Salesforce.com Reseller Navatar Group Announces Free Cloud Computing CRM for Financial Services Firms

July 14, 2010, Wednesday, 12:17 GMT | 07:17 EST | 15:47 IST | 18:17 SGT
Source: Navatar Group Salesforce.com Reseller Navatar Group Announces Free Cloud Computing CRM for Financial Services FirmsFinancial Cloud Provider Offering Eight Months Free Service for Private Equity CRM, M&A CRM, Hedge Fund CRM, Capital Markets CRM, Placement Agent CRM

NEW YORK, July 14, 2010 (GLOBE NEWSWIRE) -- This summer may be the time to second guess the probability of a double dip – or it may be the perfect time to revisit your sales strategy, build your deal pipeline and step up your fundraising.

Navatar Group is now providing free CRM for eight months, to help you prepare for the expected rebound in the worldwide financial markets. Navatar, a global salesforce.com partner and Value Added Reseller (VAR), today announced this unique summer promotion for their Cloud Computing Solutions for Hedge Funds, Capital Markets, Private Equity, Mergers & Acquisitions and Placement Agents, running in salesforce.com's cloud.

This is great news for financial firms since they can now get pre-built software-as-a-service for their business up and running within a day or two. They will also get the underlying force.com seats from salesforce.com free as part of this promotion. In addition, Navatar Group provides all implementation services, accounts/contacts migration, training, maintenance and email support for these solutions free of charge.

The promotion applies to new customers for Navatar Group's Financial Services CRM and Operations solutions for Private Equity, Hedge Funds, Capital Markets, Mergers & Acquisitions and Placement Agents, natively built and running entirely on the Force.com Platform as a Service (PaaS). Navatar's solutions include:

Navatar Hedge Fund CRM - Manage fundraising process, LP subscriptions and redemptions, fund offering & returns, security holdings & trades, fund exposure & risk.

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cPoEAI

Navatar Mutual Fund CRM – Manage broker dealers and transactions across branches, channels, intermediaries, reps and funds.

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cPkEAI

Navatar Private Equity CRM – Manage fundraising, limited partners, deal flow, portfolio companies, capital calls and distributions.

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016b7MEAQ

Navatar Capital Markets CRM – Manage client assets, broker accounts, holdings, transactions, commissions, entitlements, interactions, research needs, call notes, and client requests.

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016aDpEAI

Navatar M&A CRM – Manage due diligence and evaluation for target acquisitions and potential divestitures.

http://sites.force.com/appexchange/apex/listingDetail?listingId=a0N300000016cOpEAI

Navatar Placement Agent CRM – Manage capital raises and investors for multiple fund managers, report progress to each fund manager.

"Financial firms can use the summer months to improve their operations and pipeline," Alok Misra, Navatar Group Principal and cofounder, said. "Thanks to cloud computing, we are making it attainable and affordable for them to ramp up rapidly."

Live Demo

For a live demo of any of the Navatar Financial Services solutions, please contact 212 461 2140, Ext 392 or sales@navatargroup.com.

About Navatar Group

Navatar Group (http://www.navatargroup.com) is a longtime partner and value-added reseller of salesforce.com and a global cloud service provider. One of the first to bring Wall Street experience to Cloud Computing, Navatar Group is a leading provider of Force.com solutions for the financial sector. Navatar's financial cloud solutions for Capital Markets, Asset Management & Banking are used by firms such as Jefferies & Co, Carlyle Group, Transparent Value (a Guggenheim Partners company) and MidOcean Partners. Founded by veterans of Deloitte Consulting, Navatar Group has also enabled several large companies to develop, market and support commercial cloud products. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC and New Delhi, India.

The Navatar Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6585

CONTACT: Navatar Group Media Contact: Allan Siegert 212 461 2140 X392 asiegert@navatargroup.com