Ferox Microsystems, Inc.

Description

Ferox is a financial modeling software company. We have stuck to this niche since our founding in 1979. Our core product is ENCORE!, which features an English-like modeling language, and separation of logic from data and reporting. It also includes a slew of features aimed at making it easy to develop, validate, troubleshoot, and maintain financial models over a long period of time. Our target market consists of corporate planners, treasurers, and controllers; financial analysts and accountants in their employ; and consultants who provide services to them. ENCORE! has proven to be especially good at consolidation and financial reporting, not just modeling. Teaming up with Drs. A.J. Hordijk, B.V. in the Netherlands, we have developed a high end financial consolidation system using ENCORE! as the calculation engine. The consolidation package, called WebFact, competes favorably with the market leader from Hyperion, at a fraction of the price. What's really nice about WebFact is that you can integrate planning and budgeting models with the regular monthly financial information that you consolidate. WebFact packs the power to handle multiple currencies, inter-company eliminations, journal adjustments, and multiple consolidation lists. It has more flexibility, faster implementation, all at a much lower price than the competition. The changing landscape and complexity of healthcare finance makes this vertical market a natural for an ENCORE! based solution...

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