Pivot Helps Thomas Weisel Partners Drive Business with Revenue-Generation Tools

Pivot Inc., a real-time enterprise collaboration network serving the capital markets, today announced Thomas Weisel Partners is using Pivot 360° to improve and drive the workflow of front-end professionals in capital markets. Thomas Weisel Partners’ deployment of Pivot 360° across its worldwide offices facilitates interenterprise communication and collaboration with their clients.

Thomas Weisel Partners specializes in the growth sectors of the economy, with deep domain expertise across numerous industries. With innovative investment banking, brokerage and equity research divisions, Thomas Weisel Partners serves emerging growth companies and institutional investors around the globe. Pivot 360° enables Thomas Weisel Partners to increase their response time to clients and better manage the daily influx of communications and research across its management teams.

“We recognize that using Pivot 360° exclusively within our firm and largely with our clients is a quick and efficient method to convert conversations into automated transactions which, ultimately, increases revenues,” said Larry Sikon, chief information officer of Thomas Weisel Partners Group.

Pivot’s full suite of real-time collaboration applications tighten business processes, expand collaboration opportunities and streamline trading-related workflows. Pivot 360° lets institutional professionals manage information 360 degrees around a transaction by advancing beyond traditional instant messaging. Its IMTRADER module integrates instant messaging with back-end systems to drive efficiency, productivity and profitability. Its Broadcast Management module targets and manages large scale communications strategies with tools that ensure effective delivery of revenue-generating ideas and liquidity.

“Pivot 360° provides Thomas Weisel Partners with an advanced platform to facilitate expanded trading capabilities, reduce costs and improve investment performance,” said Ed McDonnell, managing director at Pivot. “As innovative financial firms such as Thomas Weisel Partners consider, research and adopt ‘Wall Street 2.0’ capabilities and technologies, Pivot will continue to reinforce its position as a recognized leader in unified communications and the educator on the benefits of using revenue-generation tools to grow business.”

About Pivot

Pivot is an interenterprise network that leverages Web 2.0 communication and collaboration capabilities to create revenue-generation tools for trading-related workflows within the capital markets arena. The Pivot network helps transform conversations into ideas and ideas into transactions by integrating information, relationships and transactions into a single pivot point, giving customers the best information to base decisions. Based in New York City, Pivot is backed by Eze Castle Integration and leading venture capital firms Softbank Capital, Draper Fisher Jurveston Gotham Ventures and Hudson Ventures. For more information, please visit http://www.pivotinc.com

About Thomas Weisel Partners Group
Thomas Weisel Partners Group, Inc. is an investment bank, founded in 1998, focused principally on the growth sectors of the economy. Thomas Weisel Partners Group, Inc. generates revenues from three principal sources: investment banking, brokerage and asset management. The investment banking group is comprised of two disciplines: corporate finance and strategic advisory. The brokerage group provides equity and convertible debt securities sales and trading services to institutional investors, and offers brokerage, advisory and cash management services to high-net-worth individuals and corporate clients. The asset management group consists of: private equity, public equity and distribution management. Thomas Weisel Partners is headquartered in San Francisco with additional offices in Baltimore, Boston, Calgary, Chicago, Cleveland, Denver, Montreal, New York, Portland, Silicon Valley, Toronto, London, Mumbai and Zurich. For more information, please visit www.tweisel.com.