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Money Managers India chooses Altair’s HiQube as its Business Intelligence Platform for Organisational Productivity Optimisation
Money Managers to Use HiQube for Contact Centre Analytics towards their Strategic Analytics initiative for the Organisation



Bangalore, Karnataka, India, Thursday, June 03, 2010 -- (Business Wire India)

Altair Engineering, a leading global provider of technology and services that empower client innovation and decision-making, announced today that Money Managers, a BPO initiative from the house of Money Managers India Private Limited has chosen HiQube as their preferred business intelligence analytics platform for their strategic business insights into their operation. As part of the implementation, Money Managers will be using the analytical application for operational effectiveness analysis and business profitability analysis. The company chose HiQube for its flexibility to connect to multiple data sources, ease of use, and reduced time to information.

“Because of this application we expect to shorten our time to information, and make information available in the right format to the right people at the right time,” said Sameer Dharkar, Chairman, Money Managers (I) Private Limited. “We will now be able to fulfill our organisational needs for information in the shortest time possible. This will allow us take quicker and valid decisions in our business sphere. Going forward we intend to make information all pervasive in the organisation, by leveraging the power of HiQube to make our operations effective at all levels within the enterprise.”

Also speaking on the occasion, Praveen Dabholkar of Matrix Business Machines, IT consultant for Money Managers, emphasized the need for BI solution as integral part of the IT infrastructure thus facilitating the management of the organization to have their finger on the pulse of the business.

“We are very pleased with Money Managers’ choice of HiQube,” said Pavan Kumar, Managing Director-South Asia at Altair Engineering. HiQube will help Money Managers’ scientific basis for decision making and satisfy their organisational need for quicker business insights. Companies in the contact centre industry will value the capabilities of HiQube, because it covers almost every aspect of the organisational information need and help make business decisions possible earlier in the business cycle. HiQube will therefore help to reduce Money Managers’ time to information and reduce the manpower effort in collating information, which was earlier limited to reporting.”

About Money Managers

Money Managers Group started its operations in Project Finance/ Loan Syndication Consultancy as its first venture in January 1991. The company has helped numerous clients from various industries such as manufacturers, exporters, traders, hoteliers, infrastructure, builders etc in organizing funds from Bank and Financial Institutions, and to raise debts from various tops Public/ Private Sector Banks.

Subsequently the company diversified into Direct Sales of Financial Products in the year 1993. This was the time when Direct Sales of Financial Products had just taken birth in India. Money Managers is one of the first few in India to start this kind of business. Today, the group companies enjoy the reputation of one of the leading Financial Consultants and Financial Distribution House in India. Money Managers currently employs close to 250 professionals at the helm of its various group companies. As part of its specialist contact centre services, it is in the process of hiring more than 200 Associates as part of its team.

About Altair

Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held with more than 1,400 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 20-year-plus track record for enterprise analytics, product development, and advanced computing, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair-india.in

About HiQube

HiQube is a new high-performance business intelligence (BI) software solution that delivers in-depth business analysis capability and superior reporting, faster due to its unique HiQube technology. HiQube delivers: User empowerment and unmatched flexability, United BI Platform, Lower Total Cost of Ownership (TCO) and "Pay-For-What-You-Use" licensing model. To learn more, please visit www.hiqube.in.