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Automate move to Merseyside June 19th 2007  A company specialising in enterprise software has relocated from Manchester to Merseyside with backing from Merseyside Special Investment Fund’s Liverpool Seed Fund. Blue Prism, now based in Newton-le-Willows, produces a unique software solution called Automate that is used to integrate business processes, primarily in the retail and banking sectors. A variety of modules covering processes including opening and closing bank accounts, completing audit reports and online applications are available. Traditionally many of these processes have been labour intensive due to staff having to access several internal systems. Automate cuts out the need for manual intervention creating a faster, more flexible and error free process. The company already has a blue chip client base that includes Barclays, Co-operative Bank, CIS, Orange, and npower. Blue Prism has raised a £1.5m investment package that includes support MSIF’s Seed Fund, Rising Stars Growth Fund and a syndicate of private investors organised by Endeavour Ventures. The Mersey Partnership assisted the company’s move to the area, providing advice on location and premises. The company was set up in 2001 by directors Alastair Bathgate and David Moss. Managing Director, Alastair Bathgate said: “Automating manual processes with our product can be done quickly and cheaply and without a hoard of technical staff. We have also built in the security, stability and scalability required by major corporations such as banking and insurance. “We are delighted to move to Merseyside which has an excellent support network for ICT businesses and the funding from MSIF has been crucial. We can now develop the product further and expand into new markets” Michael Bakewell, Investment Manager of MSIF’s Seed Fund said: “Blue Prism already has an impressive customer base and is operating in a growing global market. We will continue to work closely with them and are pleased to be supporting this exciting business” Back to Previous Ends |
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Liverpool Ventures 5th Floor, Cunard Building, Pier Head Liverpool L3 1DS Tel: 0151 236 0500 | 0151 236 4040 Fax: 0151 236 3060 email: info@liverpoolventures.com |
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