Idea Group teams with Tarigo to bring Cloud based product management tool to market

Bill Gourlay

Idea Group, innovators and developers of automated financial messaging and communication products and services for the investment management, pension fund and hedge fund communities launched Prodigy, their new product management workflow and management tool, designed by product managers for product managers.

Idea Group teamed up with consultants, Tarigo, the leading provider of best practice Product Management training and consultancy services to develop a tool that would meet the requirements of product managers in the financial services sector, and beyond. The product is built on a secure hosted platform, embracing Cloud for affordable and effective deployment and ease of management.

Today, in this fast paced business environment, financial services organisations are seeking

• a more structured approach to product management
• a clearer overview of their product suite
• more clarity and consistency in their product process
• move from paper based processes for efficiency and reduced risk
• a flexible system allowing freedom to adjust parameters
• ability to share real-time access to information across the enterprise
• a tool that was easy to use and avoided the complexity of a technology project

Prodigy delivers on all these requirements.

Using Cloud technology, Prodigy delivers a host of features, functions and benefits for users, it is cost effective, scalable as the organisation grows and removes concerns of costly IT maintenance.

Every aspect of the organisation benefits from this new product management platform and in particular it delivers quantifiable benefits for product managers, line managers, senior management and related third parties.

“We are delighted to bring Prodigy to market. The demand for improvements to the product management lifecycle is high on the agenda of most forward thinking organisations. Time is of the essence in business today, but there needs to be a robust platform upon which financial products can be created, managed, enhanced or retired. The ability to maximise the connectivity to big data, to track and analyse performance for the improvement of product management performance, and to also provide flexible management information are significant benefits of Prodigy. To date the product has received a very enthusiastic response.” Comments Bill Gourlay, CEO, Idea Group.