TPG Software Announces Scalable Version of the Portfolio Genius Investment Accounting System Deployed via Cloud Computing on AppTrix Hosting Services Platform

HOUSTON--()--TPG Software, Inc., a leading provider of financial accounting software and services, today announced that each of its software systems may be deployed via cloud computing. TPG’s preferred application hosting services provider, AppTrix, LLC, offers a secure SSAE 16 SOC 2-compliant cloud computing environment.

Users who license TPG’s software solutions may now use them over the internet as an “on demand” service through a subscription with AppTrix, removing the need to purchase application servers and provide internal IT support, providing significant cost savings. This can benefit those companies who are seeking an Application Service Provider (ASP) or Software as a Service (SaaS) solution rather than housing the application and maintaining the database onsite.

For a fixed monthly fee, AppTrix maintains the servers, the latest applications, and TPG software and data at their Tier IV Hosting Center. A pioneer in hosting mission critical systems, AppTrix has been hosting Enterprise-Level applications since 1999. Through their software and hardware expertise, AppTrix provides superior performance and increased security, reliability and scalability over existing in-house IT solutions.

Slavek Rotkiewicz, President and Chief Technology Officer of TPG Software, said, “TPG Software recognizes the inherent benefits of cloud computing to those clients that are looking for another way to run their software applications. It eliminates the need for up front capital expenditure for hardware, software, or IT costs while providing more agile deployment. After evaluating several vendors, TPG decided to provide this alternative solution through AppTrix. This delivery method will enable financial institutions to comply with new regulatory and accounting standards (IFRS) as well as Service Organization Control (SOC) compliance rapidly and cost-effectively.”

For more information, please call TPG VP of Sales, Cory Sokoloski, at 303.935.2893 or email him at cory.sokoloski@thegenius.com.

About TPG Software Inc.

TPG Software is a leading software solutions provider for institutional investors including banks, thrifts, credit unions, REITs and broker/dealers throughout the US, Canada, and Puerto Rico. For more information, visit TPG’s website at www.tpgsoftware.com.

Contacts

TPG Software, Inc.
Cory Sokoloski, 303.935.2893
VP of Sales
cory.sokoloski@thegenius.com

Release Summary

TPG Software Releases Scalable Version of the Portfolio Genius Investment Accounting System Deployed via Cloud Computing on AppTrix Hosting Services

Contacts

TPG Software, Inc.
Cory Sokoloski, 303.935.2893
VP of Sales
cory.sokoloski@thegenius.com