1 AUGUST, 2016 – FOR IMMEDIATE RELEASE

Ascendore: the new name for StratexSystems

It's an exciting time for the provider of Integrated GRC software as the company embarks on a new chapter in its history

StratexSystems is rebranding. As of today the Governance, Risk and Compliance (GRC) software provider will be known as Ascendore – celebrating not just a new name but also a step up in the company's ambitions. Existing products – StratexPoint, StratexStudio and StratexCloud – will continue to use the Stratex brand. 

Ascendore is a bold, aspirational and modern brand name which reflects our increasingly international customer base and focus. It also reflects our plans to bring innovative new products and Big Data services to market which will not be directly part of the Stratex product family but will be complementary them.

Headquartered in London, with a newly-opened research and development centre in Spain, StratexSystems has established itself as the leading provider of integrated GRC Governance, Risk and Compliance (GRC) and ours is the only solution built on Microsoft SharePoint. We have developed a strong track record across the financial services industry, particularly with Challenger Banks, Asset Management and Financial Services Regulators.

Andrew Smart, Founder and CEO of StratexSystems, says: “Today sees the start of an exciting chapter in the history of StratexSystems, with a new brand: Ascendore. Things are happening on the ground, too, with a fledgling R&D centre just opened in Seville, Spain, and two new customers coming onboard in the last month.”

StratexSystems – now Ascendore – is a software firm that works with financial services firms and regulators who have a transformational vision for their risk and compliance functions and need a technology partner who understands that vision and has the tools and experience to bring it to life.

Our solutions are built on familiar, everyday office platforms – Microsoft SharePoint and Office 365 – therefore significantly reducing the barriers to adoption, reducing the cost of ownership and making it easier to engage the front-line business in key GRC-related processes. 

To find out more about Ascendore, visit http://www.ascendore.com or email hello@ascendore.com.

ENDS