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3. Enertion Technology :
The Technology arm of Enertion has been setup to build a large data reformatting tool, which is to be sold to Investment Managers as a method of sending instructions to Custodians.
It is believed this will be a significant benefit to Investment Managers globally that will allow communication with multiple Custodians via a single interface.
The Technology arm will also offer Website design and delivery, utilizing the resources and knowledge of the staff who are working on the larger project.
This will facilitate some revenue while the larger product (which will initially be a resource drain) is being developed. |