I seem to have developed the habit of referring to the stock market in this article each time I write and I think it is worthwhile continuing the trend if only to mark the passage of time and business sentiment. Today, as I write, we’re at 6,046 points up from 5,616 in the spring newsletter. Another 430 points northward or if you prefer a 7.7% increase. And that’s after a much lower period after the PIGS European debt crisis. The market seems to be pointing toward a brighter future; bring it on!
I’m delighted to report that we’re now working with three new clients since the last newsletter. Firstly, we’ve implemented a Residential Agency and Block Management system at Andrew Louis in Liverpool, our first client in that part of the world.
Secondly, we’ve implemented a Residential Portfolio Management system using our “Triangle” application at Berkeley Homes PLC’s office in Twickenham. And finally we’ve just been instructed to implement a Ground Rent portfolio management system at Sarum Freeholders in Salisbury. So, together with our continuing client base, we’ve had a highly successful end to 2010 and have an excellent start to 2011.
We continue to invest very heavily in our new software products and Al Chetwode reports in the “Radar” article on progress made. The absolutely key thing for us is that Radar is now deployed live at one of our longest standing clients, Acorn estate agents. It’s a frantic time when installing a brand new software product for the first time and nerves do become frayed. There has been the odd crease which has needed ironing out but in the round the new software has been better received and the implementation has had fewer glitches than we had anticipated; a pleasing result.
CML also continues to delve further in the property investment sector and I hope to be able to report in the next newsletter of further “Triangle” (our corporate focus investment portfolio software application) implementations at new client sites. Corporate owners of investment portfolios know that information is power to act and power to act is ultimately shareholder value. And we’re good at giving clients the information that they need from their data.
I write this just as we’ve all enjoyed Christmas and New Year so I’d like to take this opportunity to wish you a very healthy and prosperous 2011.
With best regards,
Robert Horsford
roberthorsford@cmlsoftware.com
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