Microsoft partners with Euclid Opportunities

31 January 2012

London – 31st January, 2012 – Euclid Opportunities, ICAP’s early stage financial technology project, today announced a partnership with Microsoft BizSpark designed to support start-ups developing innovation in the global financial markets.

The new Microsoft initiative, BizSpark Plus, offers companies in Euclid’s portfolio a full range of Microsoft development tools, technical training and professional support resources complemented by access to the Windows Azure Cloud Computing Platform. 

Steve Gibson, Managing Director, Euclid Opportunities said, “We are delighted to be working with Microsoft on this project. This relationship is based on the shared aim of supporting the creativity, talent and ambition that resides in the next generation of successful enterprises.”

"Entrepreneurship is a critical driver of economic growth, at Microsoft we support entrepreneurs around the world in every way we can," said Cliff Reeves, a General Manager in Microsoft's Emerging Business team. "That includes working with respected incubators like Euclid Opportunities to ensure that their high-potential startups get friction-free access to our best technology as well as our network of partners worldwide."

Mark Beeston, CEO, Portfolio Risk Services at ICAP, added, “This excellent collaboration furthers our aim of building the world’s best ecosystem to support the best ideas and innovators in our industry.”

For further information please visit www.euclidopportunities.com.

Contacts:
Brigitte Trafford  ICAP Director of Corporate Affairs +44 (0)20 7050 7103
Candice Adam  Argentus PR    +44 (0)20 7397 2915

About Euclid Opportunities
Euclid Opportunities offers a seed-funding program to early-stage companies that provide innovative technology in the areas of post-trade risk management, data and other financial market applications. Euclid Opportunities is majority owned by ICAP plc, and forms part of the post trade division of ICAP, which also comprises TriOptima, Traiana, Rematch, Reset and ICAP Information Services. ICAP is the world's leading voice and electronic interdealer broker and provider of post trade risk and information services. For further information please visit www.euclidopportunities.com 

About Microsoft BizSpark 
Microsoft BizSpark is a global program that helps software startups succeed. With over 45,000 startups from 100 countries in the program and a global network of 2,300 BizSpark partners, Microsoft provides great business value to young technology companies around the world. At no cost, the program provides a wide range of Microsoft technology, technical and business expertise, and enhanced market visibility. BizSpark Plus is an extension of the foundational BizSpark program providing higher value offerings through a network of leading regional incubators and accelerators around the world. More information is available at http://www.microsoft.com/bizspark. Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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