Taliance and control.IT announce merger agreement

MIPIM Cannes – 16 March 2010

Taliance and control.IT, two IT firms who specialise in providing software and services to the real estate investment market in France and Germany, are officially announcing their merger. The merger is on an equal partnership basis agreement between both companies and will solidify their strong position in the German and French markets. This increased capacity is allowing them to open new offices, the first of which has been opened in the UK.

Taliance and control.IT saw many synergies in their business as full-service software, consulting and integration firms with a shared mission of excellence in project and change management. These common values have naturally brought them together as partners in projects with a Pan European scope and they quickly understood the values of a merged operation.

“Together we will be able to offer in-depth expertise in software publishing and business consulting to help European real estate organisations design information systems in asset, portfolio and fund management that drive higher levels of performance.” said Guillaume Fiastre, Taliance CEO.

The new group operates directly from Paris, Bremen, Hamburg and most recently London. “Our ability to establish a relationship of trust over the long term reflects the high quality of our service, which is always based on a strong local presence.” stresses Rieks Westers, control.IT managing director.
“ In the near‐term, the company’s main priorities will be to seamlessly unify its service and significantly increase the software and service offering throughout Europe.” adds Klaus Weinert, control.IT CEO.

The new group has a vision of the evolving market for real estate information systems where challenges include timely and accurate delivery of information, internationalisation, increasingly complex planning processes, and the need to improve information and data flow management.

In responding to these issues the new group has a goal to assist and guide their clients in successful projects to turn their information systems into real tools for competitive advantage.

About Taliance www.taliance.com
Founded in 1989, Taliance is a European software and service supplier headquartered in France and entirely focused on the real estate investment market. Taliance now employs 50 highly trained people including real estate and finance experts. Taliance is proud to be involved with and to have gained the trust of 80 clients, including some of the world’s toughest players, such as: AEW Europe, AXA REIM, BMCE, BNP Paribas REIM, Cório, CB Richard Ellis, Generali, Hammerson, HSBC and Shaftesbury Asset Management.

About control.IT
Soon after the company was established, control.IT realized through its consulting activity that there was a need in the industry for reporting and controlling budgetary concerns. control.IT specifically designed a new software package to meet this need: BISonXP.
The main strength of control.IT is the ability to run data integration with nearly all leading property management systems. Clients enjoy total portfolio management using a central datawarehouse database. A team of over twenty consulting specialists ensure high levels of customer service to a cross section of clients in the real estate industry in Germany.
The flexibility and scalability of BISonXP mean it can cope with special projects as enterprise solutions for small local companies or multinationals. Clients of control.IT include Allianz, R+V, IVG, HIH, Union Investment, Volkswagen Immobilien and others


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