Principia Becomes an Application Service Provider (ASP)

Principia Partners (Principia) is a leading provider of investment management software to the structured finance industry. For many years, Principia successfully delivered their industry-leading software in the traditional format by installing it on their clients’ servers and networks.

Within the last few years, however, Principia began getting more requests from their customers to deliver their software more efficiently in a hosted environment. Principia’s clients wanted to avoid the expense and complexity of running these systems internally, and simply wanted to enjoy the benefits of using the software. That’s when Principia found Connectria.

Connectria has extensive experience helping many software providers (including IBM) become Application Service Providers (ASPs) by delivering their software in an on-line, hosted model. Connectria has developed the industry’s most comprehensive ASP Hosting Solution that delivers all of the behind-the-scenes IT infrastructure, facilities, hosting and support required to deliver software as an ASP.

For Principia, Connectria created a custom application hosting environment that enabled Principia to widen their market by eliminating customer start-up costs and learning curves, while maintaining control over their clients and customer support. Connectria not only provided all of the back-end infrastructure and support services, but we also helped engineer the hosted ASP solution.

The result: Principia’s clients implement Principia’s industry-leading solutions faster with a lower total cost of ownership, and Principia gets a more consistent recurring revenue model.

If you'd like to learn more about becoming an ASP, please contact us.