SYS-CON MEDIA Authors: Gilad Parann-Nissany, Michael Bushong, Eric Brown, Kevin Benedict, Newswire

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Janus Capital Management LLC Adopts ClusterSeven Spreadsheet Management

ClusterSeven announced today that it has entered into a contract with Janus Capital Management LLC (“Janus”), an investment management firm, for ClusterSeven’s Enterprise Spreadsheet Management® (ESM) software to provide control for its key business spreadsheets and the data they manipulate. Janus is a global firm managing approximately $110 billion in global assets across a broad range of asset classes including equities, fixed income, alternatives and asset allocation products.

ClusterSeven’s end-user computing management solutions enable investment management firms and other leading institutions to maintain the transparency and integrity of their spreadsheets and data files in order to increase productivity and business insight and to reduce operational risk.

ClusterSeven is pleased to have received the following statement from Amy Carroll, Vice President of Operational Risk and Process Management at Janus, said: “We are looking forward to our new partnership with ClusterSeven. ClusterSeven’s spreadsheet management should enhance many of our processes around data quality, and provide closer alignment between IT development plans and business priorities.”

Ralph Baxter, CEO of ClusterSeven, said: “We are delighted that Janus has selected us to enhance its business and data operations. The financial sector is dependent on spreadsheets to complement their core systems for specialist purposes. Increasing emphasis on risk management and data quality has exposed spreadsheet management as a major opportunity to reduce operational risk and deliver efficiencies.”

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