BWI: Religare Technova Limited is now Dion Global Solutions Limited

Press release from Business Wire India
Source: Dion Global Solutions Limited
Wednesday, February 02, 2011 02:57 PM IST (09:27 AM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Financial Analyst, Information technology; Technology
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Religare Technova Limited is now Dion Global Solutions Limited
Rebranding exercise to reinforce the company's vision of being the leading global IT software products & solutions provider for financial markets

Mumbai, Maharashtra, India, Wednesday, February 02, 2011 -- (Business Wire India) -- Religare Technova Limited, an integrated global software solutions provider for financial markets today unveiled its new brand identity, thereby reinforcing its global vision. The company has been renamed as Dion Global Solutions Limited from the erstwhile Religare Technova Limited.

The new corporate identity marks the completion of creating a leading global IT solutions company catering to the needs of global financial markets. Together with its listing on 28th October 2010, this rebranding exercise further re-emphasizes Dion's distinct focus on software solutions and research & information services for the financial sector.

Over the past 12 months, Dion has made a number of significant milestones including key strategic investments in companies such as Marco Polo Networks and Chase Cooper Limited, along with the official demerger of the business in October 2010 from the Healthcare IT and IT services businesses.

Mr. Ralph J. Horne, MD & CEO of Dion Global Solutions said, "The unveiling of our new brand identity is an important element in our overall growth strategy. It recognises that a successful software solutions business needs to be positioned as just that. It clearly articulates to the market that we are a separate company, independently listed and focused."

"We are now putting in place the building blocks to deliver more distinctive and integrated propositions to our customers to support the growth of the business. We will continue to invest further in the business and our people and we'll continue to grow our expanding product portfolio. Our new brand will thus help reinforce our position as a leading and growing global solutions provider to the financial services marketplace," he added.

The new identity, approved by the shareholders at the Annual General Meeting held on December 22, 2010, has been communicated to clients through various tools of communication including digital media and direct marketing.

About Dion Global Solutions Limited - www.dionglobal.com

Dion Global Solutions Limited (formerly known as Religare Technova Ltd.) is a leading software solutions provider for financial markets across the globe. Part of a large diversified transnational business group, Dion caters to the software needs of brokers, financial institutions, banks, and other entities in the financial ecosystem worldwide.

Dion's domain expertise in Trading, Clearing & Settlement, Governance, Risk & Compliance, Data Management, Customer Management and Technical Analysis makes it a complete software and solution provider for financial markets.

With offices across 14 countries, a state of the art product innovation centre in Noida, India and over 450 employees from the finance and IT sector, Dion Global Solutions is poised to be a leader in the global IT space.


CONTACT DETAILS
Kaustubh Chandra, Dion Global Solutions Limited, +91 9654451021, mediarelations@dionglobal.in
Ajay Khudania, +91 9810269676, ajay@thefact.in

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, Financial Analyst, IT, TECHNOLOGY

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