FORMICARY IS KEY DEVELOPMENT PARTNER FOR RBS BLACKBERRY®PLAYBOOK™ APP

  

London, 23 June, 2011: Formicary Collaboration Group, a provider of real-time team collaboration solutions, is a key development partner behind the RBS Global Banking and Markets (RBS GBM) app for the new BlackBerry PlayBook tablet.  The app provides the bank’s global financial clients with access to fixed income, commodity and currency (FICC) research and strategy information while they are on the move.

 

The new app is an additional means of giving RBS’s institutional clients user-friendly access to the bank’s wide range of strategy and analysis, and complements RBSMarketplace (www.rbsm.com), the bank’s comprehensive research and trading portal. It includes a built-in algorithm that identifies clients’ defined interests and viewing history to provide them with information that is customised to their preferences.  Formicary delivered the front-end functionality of the app that enables users to view, sort and comment on RBS market information in a secure and compliant mobile environment.

 

The app has been developed in response to customer demand, following RBS research into the way its clients prefer to receive research and strategy information.  Analysis of the results showed that more than 72 percent of respondents currently use mobile devices to access macro and investment ideas to and from work.

 

Ron Karpovich, Global Head of FICC Product Management, Electronic Markets at RBS GBM, explains: “We are proactively addressing our clients’ needs by providing access to mobile platforms so they can benefit from timely, dynamic analysis from our market-leading strategists when and where they need it”.

 

Blake Walsh, Business Analyst at RBS, says:  “Formicary demonstrated high-level technical expertise as well as an in-depth knowledge of our industry, resulting in a fast, smooth development process.  The end result is an enhanced communication channel that reflects the needs of our customers”.

 

“The BlackBerry PlayBook app is an extension of RBS’s ongoing commitment to provide its clients with up-to-date, detailed and relevant information tailored to their needs and delivered in the format of their choice,” comments Howard Travers, COO at Formicary Collaboration Group.  “Working in partnership with RBS and RIM ensured that we delivered an innovative concept that combines high-end design with advanced communication technology”.

 

The BlackBerry PlayBook was launched in the US in April 2011 by Research in Motion (RIM) as the first tablet specifically aimed at the corporate market.

 

 

 

About Formicary Collaboration Group

Formicary Collaboration Group is a leading provider of real-time team collaboration solutions. Formicary’s software solutions are specifically designed to extend the value of instant messaging and Persistent Group Chat. Formicary works with many of the primary adopters of Group Chat, including most of the Tier One global investment banks, facilitating better collaboration between both internal and external users to enhance the business through increased knowledge sharing and reduced operational costs. Formicary is a Microsoft Gold Partner and its suite of solutions is fully compatible with Microsoft Lync 2010 and Microsoft Office Communications Server 2007 R2. Founded in 2000, Formicary has offices in Europe, North America and Asia Pacific.All product and company names herein may be trademarks of their respective owners.