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Melioris launches Finxch

Melioris launches Finxch, 1st B2B Web 2.0 Xchange for Finance, at Frost & Sullivan Global Shared Services and Offshoring Summit

7 June 2008– Singapore

Melioris Private Limited (“Melioris) launched Finxch, the world’s 1st B2B web2.0 Xchange for Finance at the recently held Frost & Sullivan Global Shared Services and Offshoring Summit held at Grand Copthorne hotel on 5 June to 6 June 2008.

The Frost & Sullivan event was well attended by about 200 delegates from all over Asia including Malaysia, China, India, Philippines, Indonesia. Melioris participated as an exhibitor in the summit. During the event, the latest topics on shared services and offshoring were presented and discussed with delegates.

During the summit, Melioris officially launched the world’s first B2B web2.0 xchange for Finance. Finxch provides a community site for all professionals in the financial sector to interact and network. Finxch is based on Web 2.0 technology platform to provide each profile pages, establish relationship with each others and to form Groups and to share media, content and relationships.In particular, Finxch is able to let users create forums, blogs, events, polls, clubs, classified advertisements relating to finance, investment, accounting, banking, insurance, corporate finance on the community platform. It is also able to let users create corporate networks.

“With the support of IDA, this Frost & Sullivan shared services summit is a fabulous opportunity for Melioris to launch Finxch to the world”. The ability to form internal corporate network on Finxch is great way for the shared services community to benefit. It allows these shared services network to communicate effectively within themselves using the latest in Web 2.0. Furthermore, it allows its shared services members to communicate, network and exchange knowledge, experience and information with other shared services organizations” remarked Mr Mak, our CEO.

“We want the financial community to benefit from the technologies available in web2.0 to enhance their work. The user generated content capability will allow the best practices knowledge in the financial world to be shared with all the entire community, added Mr Mak.