New Solidatus cloud application for supply chain

By Freddie Pierce
Follow @JosephWilkesWDM A new cloud IT application has just been launched which will allow companies to better track data through the supply chain. Lon...

A new cloud IT application has just been launched which will allow companies to better track data through the supply chain.

London-basedcutting-edge specialist technologies provider Threadneedle Technology has just launched Solidatus, which the company says is a a dynamic new cloud application, which allows businesses to effectively model and trace back to source any flow of information.

A statement from the company said: “In today’s fast-paced global market the need to demonstrate transparency in all aspects of business, from proving and determining the golden source of all deal flow, to raw materials and components, is essential.

“Recent events such as the Libor fixing or horsemeat entering the food chain would have been exposed if Solidatus had been used.”

Solidatus enables regulators and companies to gather together or ‘aggregate’ vital links in the information chain and discover the source of anything quickly.

Philip Miller, a Director at Threadneedle Technology, said: “Tracking data or components through the supply chain, whether inside your company or from third parties is an increasing problem in an ever globalizing world.

“We believe that by using Solidatus you can see the flow from beginning to end and effectively demonstrate transparency to your customers or regulatory whilst improving the understanding of your own processes.”

Founded in 2010, Threadneedle Technology delivers cutting-edge specialist technologies to leading institutions offering complete solutions regardless of size.

More information can be found at www.solidatus.com

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