Financial services customers can now deploy solution for capital markets built with Apex
directly within their Salesforce business web desktops
Apex enables Navatar Group to be the salesforce.com of capital markets
|SAN FRANCISCO — January 16, 2007 — Navatar Group and salesforce.com [NYSE: CRM], the market and technology leader in on-demand business services, today announced the availability of Navatar Group's Institutional Desk CRM solution in the Financial Services category on salesforce.com's AppExchange. Navatar Group's Institutional Desk CRM provides, for the first time, an integrated on-demand CRM solution for research, sales, trading, and marketing functions within a capital markets firm. Built on the Apex on-demand platform, the Institutional Desk CRM will help optimize client relationships, improve sales and increase commissions. It is immediately available for test drive and deployment at http://www.salesforce.com/appexchange. The base version is free of charge.|
|Navatar's Institutional Desk CRM addresses the critical needs of capital market firms,
|"The financial services category on AppExchange helps salesforce.com customers extend on-demand success to new areas such as wealth management, hedge funds, capital markets and commercial banking," said Tien Tzuo, chief strategy officer, salesforce.com. "Navatar Group is a leading example of a new AppExchange partner with an excellent reputation of delivering the highest quality solutions for buy-side and sell-side firms. With a few clicks, customers can now deploy Navatar Group's Institutional Desk CRM from the AppExchange for a comprehensive solution for capital markets."|
Apex and the AppExchange
Apex is the on-demand platform for the next generation of business applications. Apex reinvents traditional customization and integration and enables a whole new generation of on-demand applications that go beyond CRM. All Apex components and applications can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's AppExchange directory, enabling all the innovation that Apex unleashes to benefit the entire on-demand community.
|Navatar Group's Institutional Desk CRM for AppExchange is one of more than 500 applications that are now available on salesforce.com's AppExchange, the world's first on-demand application directory, found at http://www.salesforce.com/appexchange.|
|The Apex on-demand platform is generally available today. The Apex programming language is available today for developer preview, and is currently scheduled to be available in beta to salesforce.com customers later in 2007.|
|About Navatar Group|
|Navatar Group (www.navatargroup.com), one of the premier salesforce.com partners, is a consulting firm focusing on On-Demand CRM. Navatar helps organizations achieve real business benefits such as reduced lead-to-order cycle times, improved lead conversion rates, increased revenues, reduced costs and overall, a better customer experience. Navatar blends deep industry knowledge with the right skills and technologies to get real, measurable results for its clients. Navatar is headquartered on Wall Street in New York and brings significant experience with financial institutions. Their consultants have helped broker/dealers, commercial banks, investments banks, insurance and investment management firms in multiple areas over the years. Navatar has "pre-built" CRM solutions for a number of Financials Services verticals such as Institutional Trading, Private Wealth and Venture Capital. Navatar's most notable clients include Nyfix (NYFX.PK), Park Venture Advisors, Hyperfeed (HYPRQ.PK), Vinmar, Minerals Technologies (MTX), Intralinks and Convera (CNVR).|
|Salesforce.com is a registered trademark of salesforce.com, and Apex,
AppExchange, AppStore, The Business Web and Successforce are trademarks of salesforce.com, Inc.,
San Francisco, California. Other names used may be trademarks of their respective owners.
Safe Harbor Statement
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information please visit http://salesforce.com/eu/, or call 00800 7253 3333.