Taliance Puts Focus on Fast-Growing Alternative Investments Market with Disposition of Accounting and Transactional Operations

PARIS, July 9, 2014 /PRNewswire/ --

Company Focuses on Technology & Thought Leadership to Assist Clients Take Advantage of Competitive Investment Opportunities in Global Markets    

Taliance, a global analytics provider serving the real estate and alternative investments marketplace, has announced the disposition of its back office-focused accounting and transactional solutions to Cassiopae, a finance and asset management software provider.

Cassiopae, which has a global focus on back office solutions for the real estate market, will acquire Taliance's staff, software and clients dedicated to back-office operations. The senior management team of the firm will remain with Taliance. The two companies will collaborate moving forward and work together closely to share market expertise and development opportunities where synergies exist for the mutual benefit of their clients.

This announcement and shift enables Taliance to concentrate its focus, resources and expertise on the rapidly-growing and evolving alternative investments space.

"We are seeing unprecedented challenges and opportunities opening for both established firms in real estate asset management and new players leveraging multi-asset strategies across broadening areas of geographical exposure," says Guillaume Fiastre, CEO Taliance. "Our clients are rapidly transitioning into global players and the regulatory environment is evolving constantly to keep pace with investment expansion into real assets, such as mortgages, infrastructure, renewable resources and private equity."  

"This is the right time to invest our thought leadership in real estate and other alternative asset technology to address the many challenges posed by this dynamic growth," he adds. "But we believe that such is the rate of change and diversification in these markets today that providers have not caught up with the technology needs for front and middle office and we believe this is where the competitive edge lies for our clients going forward. Taliance Group will focus on this area in order to concentrate our resources on re-investment in software development and deliver the best possible service and leading-edge platforms to clients."

"Taliance is the only company today that can really address the challenges of the alternative investment markets on an international scale," he says. "Firms in this space are becoming ever more diversified in their holdings, require cross-asset allocation strategies and agile analytics capabilities. That's why we have decided to dispose our accounting operations to ensure we are 100% focused on delivering solutions to the front and middle office teams of multi-asset firms both in terms of our global positioning and our capability and commitment to continue investing in leading-edge technology and software solutions."

Historically real asset classes from agriculture to timber to real estate to private equity have been managed in silos and the business processes have also been run independently. As this sector grows, however, investors increasingly need consolidation of information and decision-making for operational risk, compliance and cross-asset allocation strategies.

With its exclusive focus on this market sector, Taliance is well positioned to provide this functionality to clients now and its shift in focus will facilitate its ability to accelerate the growth of its offerings and focus on the evolving demands of this space going forward.

As a result of this announcement with Cassiopae, Taliance's senior management team becomes the majority stakeholder in Taliance Group, further ensuring thought leadership, stability and continuity for existing and prospective clients alike.

About Cassiopae 

Cassiopae is a leading provider of global finance and asset management solutions worldwide. With 300+ customer sites in 35 countries, it offers unique experience implementing solutions designed from the start to be highly flexible and global-ready.

About Taliance  

Taliance is a leading provider of solutions to front and middle office functions for real estate and other alternative investment management roles with roots back to 1989 and clients operating in 15+ countries.  Taliance Group will continue to lead the evolution of visionary solutions for alternative investment firms in forecasting, modeling/'what if' scenarios and other front/middle office analytics.

For more information, please go to: http://www.taliance.com