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Winners of EuroCloud Ireland Awards

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DateThursday, June 23, 2011

Winners of EuroCloud Ireland Awards

TGold and pTools Named as Winners of EuroCloud Ireland's Start-up and Best Cloud Product Awards



TGOLD_John_Byrne.pngOnline treasury management solution start-up TGold, and web content management (WCM) provider PTools have won the EuroCloud Ireland's Awards for Best Start Up and Best European Cloud service/product Award 2011, enabling both companies to go forward to the overall EuroCloud 2011 European Awards taking place in Luxembourg next week.



TGold was spun out of Salmon Software to provide a cloud based option for their treasury management software which has been around for the last 20 years and used by companies such as Fexco, Ryanair and Securitas. TGold, which primarily sits on the platform, allows businesses to make payments in local and foreign currencies, book money market and FX trades, access management reports on currency positions and balances as well as providing an audit trail of trades and payment instructions. John Byrne, CEO, Salmon Software, said: "This award is a fantastic endorsement for the product."



pTools is another established company that has recently moved its products into the cloud after a 3 year €1 million investment. The company's cloud product which it calls System6, uses the latest cloud computing infrastructure from another Irish company, Fort Technologies. pTools is responsible for powering Irish websites owned by organisations like the Irish Blood Transfusion Service, AXA Insurance and Enterprise Ireland.



The EuroCloud Awards programme aims to promote innovation and the best SaaS products across Europe. Noel Shannon, Director, EuroCloud Ireland, said: "We are delighted to be making the awards for the ‘Best Start Up' and for Best Cloud Product in the Irish cloud computing software space to TGold Treasury Management and pTools. They will now go on to compete with all the other award winners at this year's EuroCloud Congress in Luxembourg, and we wish them the best of luck.''







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