Intraspect Releases Version 5.6; Introduces Collaborative Solutions Suite For Financial Services Industry

Jun 20, 2003

Intraspect Software, Inc., a provider of enterprise collaboration solutions, has announced the availability of Intraspect 5, Version 5.6, the latest version of Intraspect's collaboration platform. Intraspect 5, Version 5.6 offers new levels of performance, reliability, and usability to drive user adoption and lower total cost of ownership (TCO) for its customers. This release increases the platform capabilities (content services, productivity services, and infrastructure services) used to create Intraspect's Solutions for Project Delivery/PMO, Financial Services, High Technology, and Portal Collaboration, and for the creation of customer specific collaboration and knowledge management solutions. Intraspect has increased scalability for large database sizes and "shapes." Response times for common actions such as browsing, searching, and information contribution have been reduced by an estimated 40%-60%. Intraspect 5, Version 5.6 includes increased database connection resilience, improved connections to Simple Mail Transfer Protocol (SMTP), and Lightweight Directory Access Protocol (LDAP) systems, and the ability to dynamically implement system changes resulting in higher availability, lower TCO, and increased user confidence. A new navigation map in Intraspect 5, Version 5.6 enables users to explore information across hierarchies of projects, accounts, and deal workspaces.  Intraspect's search interface has been streamlined for greater search precision and easier query reformulation. Various enhancements to Intraspect's email integration component, C-mail, improve the ability for users to find, retrieve, and update documents from their desktop email system. Intraspect 5, Version 5.6 also includes multiple enhancements to Intraspect's development environment, enabling developers and system configurators to more quickly build richer solutions on the Intraspect 5 foundation without any coding. Intraspect 5, Version 5.6 will be available in June 2003.

Intraspect has also introduced the Intraspect Solutions Suite for Financial Services, a suite of collaboration solutions that are designed to provide financial services organizations with the ability to more effectively develop and nurture strategic client relationships and optimize deal development. Solutions in the Financial Services Suite include Client Management, Deal Flow Management, Contract Management, Research Management, Proposal Management and Third Party Extranet.  These solutions are derived from Intraspect's implementations at investment banking, asset management, structured finance and venture capital firms. The Intraspect Solutions Suite for Financial Services addresses specific challenges facing the financial services industry such as regulatory constraints, geo-political concerns, and generally soft markets.