A next generation business intelligence systems provider, based in the Midlands, this week announced its new partnership agreement with a major international post-trade automation solutions specialist.

Through the deal, Information Mosaic will be able to offer Stafford-based Connexica's business intelligence (BI) tool, CXAIR, to its clients in the securities and investment sectors around the globe.

Chris Finch, Sales & Marketing Director of Connexica, expressed a great enthusiasm for the deal.

"This partnership increases our opportunity and visibility in the financial services sector, in an area long dominated by old legacy BI solutions.

Information Mosaic chose Connexica because we provide something different in the querying and reporting space. CXAIR delivers real benefits, in terms of speed, ease-of-use and flexibility, in comparison with other BI tools on the market", he said.

Through its search engine approach, the highly innovative system will allow Information Mosaic's clients to quickly and easily retrieve, analyse, and report on trade-processing data, generated by the firm's central applications. This includes its full suite of post-trade modules and its complete end-to-end corporate actions solutions.

Suneet Dhar, Head of Partnerships & Alliances at Information Mosaic added:

"This partnership will enhance our offering to our current and future clients. There are many synergies between the two companies, as both have designed their offerings to support scalable volumes. In addition, CXAIR compliments Information Mosaic's stated mission to enable end-users to make faster and better informed decisions in real-time."

Connexica's highly advanced CXAIR system has sparked interest across the market for BI solutions, and has been gaining significant levels of praise. Most recently, Martin Butler, of Martin Butler Research remarked:

"The ease-of-use has to be seen to be appreciated. The key to understanding the power of Connexica is that it provides a search approach to BI. What this means on a day-to-day level is that business users can formulate their own analytical and search needs with ease.

"This is a highly pragmatic, but in no way compromised BI tool and we would recommend that organisations of all sizes should look at the offering", he concluded.

Connexica was established in 2006. Its next generation BI tool, CXAIR, enables end-users to answer business queries rapidly, with the minimum amount of fuss, in a completely secure environment.