NEW YORK, Sept. 11, 2009 (GLOBE NEWSWIRE) -- Navatar Group, a global financial services salesforce.com partner and Value Added Reseller (VAR), today announced special 68% off introductory pricing for their Cloud Computing Solutions running on the Force.com platform.
Navatar's special pricing bundle includes the underlying Force.com subscriptions from salesforce.com that allow these solutions to run without additional technology costs. There is no other software, hardware or subscription needed. The client data is encrypted and stored on salesforce.com servers. Navatar Group also provides all implementation services, accounts/contacts migration, training, maintenance and email at no charge.
"Our promotion is designed to help Financial Services firms lower post recession costs as they launch and expand their businesses," said Navatar Principal Alok Misra. "As a leading provider of Force.com solutions for the financial sector we will continue rolling out new features and innovation for our customers."
"While many legacy software providers charge exorbitant amounts with expensive upgrades, we are making it possible for financial firms to operate in the cloud with no capital expenditure, free upgrades and no maintenance costs," Misra said.
The promotional first year pricing applies to new customers for Navatar Group's Financial Services CRM and Operations solutions for Private Equity, Mutual Funds, Hedge Funds, Capital Markets Mergers & Acquisitions and Placement Agents, natively built and running entirely on the Force.com Platform as a Service (PaaS). The solutions include:
Navatar Hedge Fund for salesforce.com - Manage fundraising process, LP subscriptions and redemptions, fund offering & returns, security holdings & trades, fund exposure & risk.
Navatar Mutual Fund for salesforce.com - Manage broker dealers and transactions across branches, channels, intermediaries, reps and funds.
Navatar Private Equity for salesforce.com - Manage fundraising, limited partners, deal flow, portfolio companies, capital calls and distributions.
Navatar Capital Markets for salesforce.com - Manage client assets, broker accounts, holdings, transactions, commissions, entitlements, interactions, research needs, call notes, and client requests.
Navatar M&A for salesforce.com- Manage due diligence and evaluation for target acquisitions and potential divestitures.
Navatar Placement Agent for salesforce.com- Manage capital raises and investors for multiple fund managers, report progress to each fund manager.
"Navatar has clearly hit the ball out of the park with their private equity product for salesforce.com. The product's functionality in support of the various aspects of private equity investing is outstanding. Its ease of customization and remote-use capabilities are far superior to anything we have seen or used,'' said Glenn Oken, Managing Director, Mangrove Equity Partners, LLC.
The Navatar Financial Services solutions run on most editions of salesforce.com's award-winning service, benefiting from its industry-leading performance and availability, global scale, multi-tenancy and security. They are also 100% native, which means that all of the customer data, as well as all the code is hosted by salesforce.com as opposed to any external servers. All customers share the same code base, but still have the ability to create their own customizations. Having the same code base ensures that Navatar is able to constantly add new features and functions as well as provide free maintenance, regular upgrades and free email support to its customers.
Live Demo
For a live demo of any of the Navatar Financial Services solutions, contact 212 461 2140 or sales@navatargroup.com.
Also visit Navatar Group's blog at www.navatarforce.com.
About Navatar Group
Navatar Group (http://www.navatargroup.com), a premier salesforce.com partner and reseller, is a global firm providing Cloud Computing services and products. Founded by veterans of Deloitte Consulting, Navatar Group has enabled several large companies develop, market and support commercial Cloud products as well as helped hundreds of organizations successfully implement SaaS solutions on the Force.com platform.
One of the first to bring Wall Street experience to Cloud Computing, Navatar Group also has first-hand experience in launching Cloud products, being a leading provider of Force.com solutions for the financial sector. Our comprehensive SaaS Transformation methodology is designed to help ISVs with all business and technical aspects of a SaaS transition. Navatar's SaasCase(TM) is a Proof-Of Concept offering that helps ISVs test the market and perform a cost/benefit analysis before developing a SaaS product. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC, London and New Delhi, India.
The Navatar Group Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6585