Religare Technova Ltd re-brands itself as Dion Global Solutions

Religare Technova Limited, an integrated global software solutions provider for financial markets has unveiled its new brand identity, thereby reinforcing its global vision. The company has been renamed as Dion Global Solutions Limited from the erstwhile Religare Technova Limited.

The re-branding activity took almost two years of planning and execution. With the new identity the company will be looking at adding new products, improve access to international markets, enhance the distribution channel and build a strong solution base.

The new corporate identity marks the completion of creating a leading global IT solutions company catering to the needs of global financial markets. Together with its listing on 28th October 2010, this rebranding exercise further re-emphasizes Dion's distinct focus on software solutions and research & information services for the financial sector.

Over the past 12 months, Dion has made a number of significant milestones including key strategic investments in companies such as Marco Polo Networks and Chase Cooper Limited, along with the official demerger of the business in October 2010 from the Healthcare IT and IT services businesses.

Ralph J. Horne, MD & CEO of Dion Global Solutions said, "The unveiling of our new brand identity is an important element in our overall growth strategy. It recognises that a successful software solutions business needs to be positioned as just that. It clearly articulates to the market that we are a separate company, independently listed and focused."

"We are now putting in place the building blocks to deliver more distinctive and integrated propositions to our customers to support the growth of the business. We will continue to invest further in the business and our people and we'll continue to grow our expanding product portfolio. Our new brand will thus help reinforce our position as a leading and growing global solutions provider to the financial services marketplace," he added.

He further added that the re-branding activity signifies the completion of the first phase of the company's evolution. The company is looking at adding around 20-25% of top line profit to its revenue. It currently has 15 product offerings and is looking at a multi-million investment to build risk and financial analytics solution in the Indian market.

The new identity, approved by the shareholders at the Annual General Meeting held on December 22, 2010, has been communicated to clients through various tools of communication including digital media and direct marketing.