News
John Brendon joins Future Route Ltd as Non-Executive Director
Wednesday, November 21st, 2007
Future Route Ltd, the London-based company specialising in the development of intelligent data analysis software for mass markets and producers of Validis SaaS service for accountants, auditors, banks and companies, today announces the appointment of John Brendon as a Non-Executive Director with immediate effect.
John Brendon, aged 60, has 40 years experience within the accounting and auditing profession having joined PricewaterhouseCoopers ('PwC') in 1968. Most recently, he was Global Chief Accountant at PwC a position he held from May 2004 until his retirement in June 2007. In this role, he was responsible for the global team which provided all IFRS advice.
During his time at PwC, John worked with a number of major international clients and held a variety of other senior positions including being a member of the UK firm Supervisory Board, a member of the Global Oversight Board and the UK Ethics Partner.
Future Route develops highly sophisticated data analysis software based on proprietary algorithms and makes it available to various mass markets. Validis, its flagship product which has recently won the Accountancy Age 2007 award for 'Best Use of Internet in Business', is a web-based 'Software as a Service' ('SaaS') that complements and interfaces with accounting packages providing users with a simple, automated way of validating 100% of accounts data in a matter of seconds.
The Company has recently formed a strategic alliance with Mamut, a leading European provider of complete, integrated software solutions and internet services for small and medium enterprises (SMEs), which will see all Mamut customers throughout Europe provided with access to Validis.
Commenting on John's appointment Chris Poll, Chairman of Future Route Ltd, said:
John Brendon said:
ENDS
About Validis™:
Validis™, created and brought to market by Future Route, is a revolutionary 'Software as a Service' ('SaaS'), on-demand, data checking service for financial accounts. By using a combination of business intelligence and advanced data algorithms to streamline error-checking by applying rules and analytics to every transaction, Validis provides its users with a simple, automated way of validating 100% of their accounts data in a matter of seconds.
It identifies errors; spots anomalies; highlights suspicious transactions; analyses business trends; compares data against internal and external accounting rules; and generates powerful management reports in seconds. This means users can maintain their accounts efficiently and publish them with total confidence. With virtually no training required, Validis provides its users with a fast, efficient and cost effective way of checking the accuracy and completeness of their underlying accounting data.
In order to see what impressed the judges and how you can benefit, please visit www.validis.com.
About Future Route Ltd:
Future Route Ltd specialises in the development of very sophisticated technology products that focus on producing highly complex data analysis software using proprietary algorithms and making it available for various mass markets.
Future Route has filed a number of global patents in the use of artificial intelligence, inductive logic programming and information theory to solve a range of information based business issues. The company is backed by a group of experienced and influential city investors.
The Company has recently formed a strategic alliance with Mamut, a leading European provider of complete, integrated software solutions and internet services for small and medium enterprises (SMEs), which will see all Mamut customers throughout Europe provided with access to Validis, its flagship product.
Further information on Future Route Ltd can be found at www.future-route.com.