Varden Technologies releases eReportal Version 3.7 to Address Specific Needs of Client Reporting for Investment Management Firms

Varden Technologies, Inc., a leading provider of advanced technology for investment management, today announced the availability of eReportal 3.7, the leading web-based reporting and information delivery solution for investment management firms. This significant upgrade allows for advanced charting capabilities directly embedded in eReportal's Report Designer, multiple levels of authentication for improved security, and enhanced personalization providing a customized experienced for every end-user. Recent emphasis from many of eReportal's largest clients on streamlining and improving their Client Reporting processes drove many of the system's most prominent upgrades.

The eReportal application consists of a completely web-based report design, delivery, and data integration platform. By combining a highly configurable web portal, sophisticated data engine, a best-of-breed report designer, and a robust scheduler, an organization can quickly transform a manually intensive data processing environment to one that is 100% web-based, highly automated, and easily accessible. eReportal further strengthens the benefit of separating the &qout;data layer&qout; from the &qout;business layer&qout; - a feature that Varden's Investment Management clients find to be of great value in achieving rapid results with low start-up costs.

Perry Harris, President of Varden stated &qout;This release was really about strengthening the product to enable us to aggressively pursue the client presentation component of the reporting environment. The investment industry has automated in many key areas but client reporting is one area where there is still a great deal of manual intervention. eReportal presents a very fast return on investment for a firm looking to streamline in this area.&qout;

&qout;You can see that the specific functionality in this release is targeted at the challenges you encounter in investment reporting. I think this is a key differentiator that sets eReportal apart from other more general reporting applications.&qout; says Jeff Addis, Chief of Information Technology at Merganser Capital Management.

About Varden Technologies

Varden Technologies was founded in 1999 to provide specialized software and consulting services to the Investment Management industry - arguably the world's most reporting-intensive industry. The Varden team has over 15 years of experience working with many different commercial reporting systems and has first hand experience with the techniques and approaches that are most effective. Varden focuses on working with clients to determine how data can be retrieved, organized, and presented most effectively for each individual organization. For more information on Varden Technologies, visit their website at www.vardentech.com.