IBM Empowers Business People With Customized Web 2.0 Software

Thursday, June 5th, 2008

Announced IBM Mashup Center will be hosted as a free trial on the Web with which non-technical business people can use to experiment and build customized mashups following the success of early corporate adopters Boeing Corporation (NYSE: BA) and Carrefour Group (PARIS: CA).

On schedule for mid-year delivery, the IBM Mashup Center allows business people to create situational applications, or mashups, by remixing information from anywhere to gain business insight and do their jobs smarter and more effectively. Using IBM’s mashup technology, even non-technical users will be able to exploit standards and Web-based technology to gain access to myriad information, such as Web sites and feeds, spreadsheets, databases, applications, unstructured text from an email, video, audio and other information on the Web, and make sense of it all in minutes.

In the coming weeks, IBM will offer customers the opportunity to experiment with IBM Mashup Center and gain hands on experience for free through IBM Lotus Greenhouse. Lotus Greenhouse is a Web site where anyone can register and try out IBM Mashup Center, and many other collaborative products, such as IBM Lotus Connections, Lotus Quickr, Lotus Sametime and WebSphere Portal. IBM Mashup Center will be hosted on Greenhouse, giving customers a safe environment to try the technology and evaluate mashup potential without installing anything in their own environment. The hosted version of IBM Mashup Center will include widgets from IBM, and a growing network of IBM Mashup Center Business Partners, like StrikeIron and Kapow Technologies.

This comes at a time in which innovative companies of every size are beginning to realize the possibilities of Web 2.0, but require security, management and governance capabilities to responsibly take advantage of these possibilities. IBM Mashup Center gives users the freedom to create new, light weight applications on the fly and get customized views of disparate information, but with the stability corporations require. IBM’s deep history in open standards, information integration and emerging Internet technologies, make the company an undeniably strong partner in a new technology era.

“As an established innovator, Boeing believes in the power of Web 2.0 and embraces it not only for collaborative work, but also for the heavy lifting of enterprise planning and execution,” said Paul Comitz, Program Manager, NEO Demonstration, Boeing Corp. “The IBM Mashup Center is playing a key role in our visionary approach to strategic asset management. It’s critical to know where your major assets are and how to use them at any given time, situation or condition.”

IBM Mashup Center breaks new ground in ease of use and speed at which business users can solve everyday business problems in any size enterprise. It includes an intuitive browser based tool to easily assemble of new mashups, thus allowing non technical users anyone in a business to literally drag and drop mashup components from personal, enterprise and Web sources to easily create, deploy and share customized Web applications in minutes.

This upcoming offering includes a set of out of the box, business ready widgets, as well as a catalog for finding and sharing widgets and mashups. To create new widgets, IBM Mashup Center includes an easy-to-use development environment to construct new widgets from enterprise systems and the Web. Users can also take advantage of built-in Web 2.0 community features like ratings, tagging and commenting to guide users the to the most valuable and useful widgets.

IBM Mashup Center also provides extensive and powerful capabilities for managing information feeds from enterprise sources. Information from a wide variety of sources can be mixed, filtered and mashed together to create new information sources and output in many different forms, such as RSS, ATOM or XML. With the ability to merge, transform, filter, annotate or publish information in new formats, IBM Mashup Center helps create a single view of disparate sets of information in a highly re-usable manner. Feeds are an easy way to service-enable systems that do not natively provide RESTful interfaces, and thus provide an on-ramp for Service Oriented Architecture (SOA).

As enterprise mashups continue to climb in popularity and deliver more value for business, IBM is working with an ecosystem of Business Partners to help customers get the most out of situational applications. IBM Business Partners such as Jibes, JustSystems, Kapow Technologies and StrikeIron are introducing solutions that, when combined with IBM Mashup Center, enable rapid access to information and new and compelling uses for new types of data.

For example, IBM Mashup Center users can easily connect to data in the StrikeIron Web Services Marketplace to reduce the complexity for developers or business users who want to integrate live data from a number of sources. In addition, by connecting to StrikeIron’s Lite services, users can create demos to show how easily live data can be integrated with a mashup to create powerful Web applications without having to register or purchase the service.

Jibes demonstrates the business value of mashups in the enterprise market by providing industry-specific information fabrics for the semi-conductor, airline and media industries on top of IBM Mashup Center. JustSystems provides a rich presentation layer for information accessed by IBM Mashup Center, allowing users to interact with dynamic, or living, documents that combine static and dynamic information. Together, this enables new uses for enterprise mashups such as the sharing of design and development information across collaborative research, or for use by development teams for reconciling supply and demand among trading partners.

An on-premise version of IBM Mashup Center is expected to be delivered mid-year, and pricing details will be made public at that time.

Fiften years of the web

Saturday, May 3rd, 2008

On that date Cern, put the web in the public domain, “thereby ensuring that the world would have a single system for accessing the Internet, instead of a Microsoft Web, a Macintosh Web and who knows, perhaps even an Amstrad Web,” argues Gillies, who by the way is director of communications for Cern.

Cern’s Tim Berners-Lee recognized the need to manage the data on the web in a simpler way than the complex protocols that had limited the Internet to academics and government bureaucrats.

Encouraged by his bosses, he created the first browser on a NeXT computer using URLs, HTML and HTTP protocols.

Berners-Lee went on to head up the MIT-based World Wide Web Consortium that sets global standards for the web. Recently, he said that even after 15 years of existence and 165 million websites around the world the web is “still in its infancy.”

Berners’Lee argues that the web’s ability to engender collaboration could one day see the web being used to help manage the planet.

“What’s exciting is that people are building new social systems, new systems of review, new systems of governance.

Our next generation of thinkers has its say

Wednesday, April 16th, 2008

SCOTT BULFIN, 31,
PhD student at Monash Unversity
Education will be a major talking point at the 2020 summit, and
Scott Bulfin, of Bayswater, has a few ideas about what should be
discussed. Bulfin trained as a secondary school teacher and has
spent his career working at government schools in Melbourne’s
east.
“I love teaching, it’s my passion, but I always thought I’d do a
research degree as well,” he says. “I like the idea of making a
different kind of contribution.”
That project, conducted at Monash University, is called Being
Digital in School, Home and Community, a national survey of 15 and
16-year-olds.
“It examines how young people use new media at school, home and
in the community and the implications this has for their language
learning in and out of schools,” Bulfin says.
He believes the summit should focus on how to teach students in
the new digital age, when young people spend more time on the
internet, watching TV, playing video games and texting on mobile
phones than reading.
“We must pay attention to what young people are actually doing
with new media technologies %26#133; while some young people are more
media savvy than their parents, educators have a prime
responsibility to teach all young people to think critically about
what they read and put online.”
ANITA FOERSTER, 32,
PhD student at Melbourne University
She grew up in New South Wales, studied arts/law at ANU in
Canberra, worked in Sydney with environmental groups like the World
Wide Fund for Nature, and now lives in Woodend, near Melbourne,
with her young family.
Foerster knows southern Australia well, and the importance to it
of the Murray-Darling River system. Her PhD covers the legal and
institutional frameworks for environmental water allocation in the
Murray-Darling Basin.
“If we are really serious about a sustainable Murray-Darling
system, then we need to set and implement ecologically based limits
to water use now,” she says.
“The 2007 National Water Plan proposes new sustainable diversion
limits, but it will take 10 to 15 years before these are required
to be implemented by the states.”
Safeguarding river systems requires not only more water but, in
this age of climate change, legal protection for that water.
“Provision of a water regime that will sustain a basic level of
ecological health should be prioritised to at least the same level
as basic human needs during times of water shortage,” she says.
THE FUTURE OF THE AUSTRALIAN ECONOMY
SEAN CHUA, 33, Sean Chua came to Australia from Singapore
to study architecture. He graduated from RMIT in 1994 but after
three years in the field decided IT was more his bag. A consultant
in the area for the past four years, Chua is now studying a master
of business at Melbourne University part-time, with the aim of
running IT in large organisations.
master of business student
at Melbourne University
Chua believes improving broadband in Australia is essential.
“Broadband is what you’re going to get from a lot of people (at the
summit),” he says. “I’ve had a lot of interactions with a lot of
Asian countries over the last couple of years and the kinds of
speeds they were getting compared to the speeds and plans we’re
running on %26#133; it’s what developing countries in Asia were using
many years ago.”
He believes Australia needs to get its broadband act together
quickly. “In Australia, you pay so much and get so much broadband,”
he says. “In a lot of other countries these days you find that
people are paying a flat fee and getting unlimited use.”
If broadband policy moves in the right direction, “and keeps up
with a lot of the other countries, then that will really advance a
lot of things in terms of technology”.
FUTURE DIRECTIONS FOR RURAL INDUSTRIES AND RURAL
COMMUNITIES
LA VERGNE LEHMANN, 44, La Vergne Lehmann has lived in the
Wimmera all her life, helping her family run a tourism business.
Like many rural industries, tourism has been badly affected by
drought. Lehmann remembers when, before the drought, the region’s
Lake Hindmarsh was one of the largest freshwater lakes in the
southern hemisphere. “That hasn’t had water in it for 10 years
now,” she says. “It used to have an inland sea atmosphere where
people came for holidays.”
PhD student at Ballarat University
She also remembers when the Wimmera River used to host rowing
regattas and other events. “Now it’s just a series of little
puddles, it’s in a shocking state,” she says.
But can lack of water be turned into a positive? Her Ballarat
University PhD is about valuing water in dry-land areas,
particularly with regard to tourism operations. How can rural areas
afflicted by drought successfully market themselves?
“Water is quintessentially associated with tourism activities,
whether you’re in a wetter area or a drier one,” she says. “Once
you don’t have water, you’ve lost that ability to earn that kind of
income.” Therefore, it’s a mistake for tourism operators in
semi-arid regions such as the Wimmera to focus on water %26#151;
because, unfortunately, there isn’t much. “How then do you look at
marketing without water? That’s where my PhD is going.”
Lehmann admits it’s not easy to make a tourism virtue of
drought. On the other hand, look at Egypt and Morocco %26#151; no one
expects there to be a lot of water, notwithstanding the odd oasis.
“Desert tourism is easier in a lot of ways,” she says. “Our
marketing is all wrong. We need to step back and look at how we
market regional inland areas.”
STRENGTHENING COMMUNITIES, SUPPORTING FAMILIES AND SOCIAL
INCLUSION
Leanne Sheeran, 47, In the Australia of 2020, as today,
both parents will be working. How do we look after the
children?
PhD student at RMIT
This, one of the greatest challenges facing the Australian
family, is the topic of Leanne Sheeran’s PhD: “Mum’s the Word;
Exploring Early Motherhood.” Sheeran, of Kilmore, has
undergraduate, postgraduate and masters degrees in midwifery and
nursing from La Trobe and Deakin universities. She works three days
a week as a child health-care nurse with Mitchell Shire Council.
And she’s the mother of three teenage boys.
“I’m seeing mothers in my centres who have stopped breastfeeding
because they have to go back to work because interest rates have
gone up. If we had paid maternity leave, they could stay longer
with their babies.”
Lack of maternity leave, limited child-care places and the
shortage of GPs in rural areas are some of the challenges facing
working mums. So what to do? “I would like to see our society put
greater value on health promotion programs for women’s and
children’s health, instead of problem management,” she says. “We’re
educating parents about birth, but not necessarily about the
parenting that they’ll need in the next 18 years. It’s thinking
outside the hospital and thinking of things that will benefit the
country long-term. The more investment you put into childhood’s
early years pays out multiple-fold down the track.”
Some of her other ideas include home help for women with
postnatal depression, paid maternity leave for all women, more
child care for women who choose to return to work, and more
training for nurses and midwives in rural areas.
LONG-TERM NATIONAL HEALTH STRATEGY
Dionne Holland, 28, Australia needs people like Dionne
Holland to help meet the challenges of obesity, depression and an
ageing population. Holland, of Montrose, became interested in
health at her high school, Tintern, when a visiting dietician
stressed the importance of good diet for overall health.
PhD student at Deakin University
She finished an honours degree in food science and nutrition at
Deakin, followed by a master’s in public health. “It was probably
at this stage that I realised my passion lay in more preventative
health as opposed to curative,” she says. “In pursuit of good
research I then took up my PhD.”
Her doctorate focuses on how external agencies can work with
schools to implement health programs. The earlier people are taught
about good health, the better, she believes, but schools need help
from outside. “Schools are a fantastic environment to implement
these projects but the only problem is the curriculum is so
overcrowded and the teachers are so overburdened that they don’t
necessarily have the skills and tools to implement these
programs.”
It also means some radical curriculum changes. “Kids need to
learn about health not only in PE, but they need to learn about it
in maths and they need to learn about it in English.”
OPTIONS FOR THE FUTURE OF INDIGENOUS AUSTRALIA
Steven Kelly, 38, Steven Kelly has not started his PhD
yet %26#151; in fact, he’s only three months into his master’s
degree, focusing on Aboriginal men’s health. But he has many ideas
on what the 2020 Summit ought to be talking about.
master of social health student at Melbourne University
Kelly, a Yamatji man from Western Australia, studied at Edith
Cowan University, Perth, and at Charles Darwin University in
Darwin, completing a bachelor of arts majoring in anthropology in
the first semester of 2005. He moved to Melbourne this year to
tackle his master’s in social health, inspired by the dire state of
indigenous health in outback communities, which he believes is the
number one issue for indigenous Australia.
“Aboriginal people are dying from lifestyle diseases that are
preventable. These people (medical graduates) are just not getting
it,” he says. “A lot of doctors coming through think Aboriginal
people get sick because of uncleanliness %26#133; they’re just not
exposed to what’s going on.
“(Medical students), who are living a really privileged life,
need to be shown exactly what’s going on in these communities. They
need to be taken out from their little bubble and put out in
communities to do a stint to see exactly what’s going on.”
While more doctors %26#151; and indigenous doctors especially
%26#151; are needed in outback communities, Australian medical
faculties also need reform, he says. “Indigenous traditional
doctors and health practices should be recognised and be accepted
within the Western biomedical health system.”
TOWARDS A CREATIVE AUSTRALIA: THE FUTURE OF ARTS, FILM AND
DESIGN
Greg Creek, 48, “Philanthropy %26#151; that goes from
funding films all the way to the smallest theatre group.”
PhD student at RMIT
Greg Creek is talking about how the arts in Australia can thrive
in the decades ahead. In the face of government cutbacks, tax laws
in Australia must be changed, he believes, so the private sector
can shoulder the burden.
Creek is an artist, specialising in drawing. He also lectures in
sculpture at RMIT’s school of art while pursuing his PhD, which
focuses on the link between political cartooning and the visual
arts.
How he ended up so involved in art he doesn’t know. He grew up
with his family around Bendigo and the Wimmera, but none of them
had an artistic bent. He moved to Melbourne in the early 1980s
%26#151; he now lives in Alphington %26#151; finishing his
undergraduate and postgraduate degrees at Victoria College and the
Victorian College of the Arts.
Besides reforming tax laws, Creek believes Australian art can
best be advanced over the next two decades by interacting with the
world via the internet.
“Twenty years ago when I was studying, the notion of anything
overseas was completely distant,” he says. “(My students) have been
doing some collaborative projects with universities in London, all
based on the web.
“The great value of this is that they are going face-to-face in
real time, young people talking to each other. It makes a huge
difference because it changes the perception of how we’re seen
overseas.”
The 2020 Summit must discuss how Australian artists and students
can use the web to interact with the rest of the world, he says.
“The students think we’re all part of the one community rather than
this divorced, separate community at the end of the world.”
THE FUTURE OF AUSTRALIAN GOVERNANCE
Zareh Ghazarian, 28, Even as a student at high school in
Springvale, Zareh Ghazarian can remember being glued to the
television on election nights. His interest carried over to his
tertiary studies: an arts/science degree at Deakin, honours in
politics at Monash, and now a PhD in politics at Monash,
specialising in the role of minor political parties.
PhD student at Monash University
Over the past 30 years, new minor parties such as the Democrats,
One Nation, Greens and Family First have challenged the ALP and the
Coalition in the Senate. Ghazarian believes the big question in
Australian politics is %26#151; do these parties enhance democracy?
“Recent history suggests they do. In 1999, the Australian democrats
played a crucial role in smoothing some of the hard edges off the
Howard government’s GST %26#133; and had the government needed to
negotiate with a minor party %26#133; WorkChoices may have been a far
more constructive piece of legislation.”
But how do we support the minor parties, and the political
process more generally? Ghazarian, who lives in Edithvale, believes
the 2020 Summit should look at ways of ramping up political studies
at primary and secondary schools.
“One of the key issues facing us is the level of community
engagement with politics. Some people are intimidated by politics
or see it as being too boring. My research aims to make politics
more accessible to Australians.
“Through education and understanding, citizens can be more
active in the political process. This would help strengthen our
democracy, and governance, beyond 2020.”
AUSTRALIA’S FUTURE SECURITY AND PROSPERITY IN A RAPIDLY
CHANGING REGION AND WORLD
Larry Marshall, 54, It’s little wonder Larry Marshall is
interested in international politics. Born in Sri Lanka, he
migrated to Australia in his high school years. After completing an
honours degree in politics and economics at La Trobe University, he
taught commerce and humanities at high school for 10 years before
working in the Philippines for four years with Australian
Volunteers Abroad.
PhD student at La Trobe University
Upon returning to Melbourne, he finished a master’s degree in
media and cinema studies. He currently juggles working for La
Trobe’s Centre for Dialogue, where he is undertaking projects
involving the Muslim community, and a PhD in international
relations.
He sees many threats to Australian and world security. “Climate
change, nuclear disarmament, the movements of refugees across
borders, and the movement of financial streams of money that can
kill an economy or support it very quickly,” Marshall says.
“Nuclear disarmament is a receding issue for many people but
it’s still one of the most crucial issues in the background which
must be handled at a global level.”
So what ideas should the 2020 Summit be canvassing to achieve a
more secure world?
“I would hope that post-summit we could engage in a continual
national dialogue. A real democracy doesn’t only function once
every three or four years,” he says. “I think if a government
thinks it has all the answers it’s going to be wrong. (It must
listen to) the voices of its most creative people, its insightful
people, people who have been beavering away and working hard on a
variety of things.”

Gates says all-seeing Web helps govt transparency

Monday, April 7th, 2008

The Nordic countries, with Sweden and Denmark, have really taken it to an amazing level, Gates told a conference on Latin American government, ahead of an annual Inter-American Development Bank meeting in Miami.
Whenever a (Nordic cabinet) minister goes out to lunch, you can see how much he spent for lunch and how much on the cab. It literally goes up (on the internet) within a few hours, he said.
He was referring to detailed postings tracking daily business on government websites, which include everything from cabinet ministers calendars to budgets and real-time accounts of the bidding for lucrative government contracts.
Every bid thats ever done, the bidders come up on the networks, you see the terms they offer, said Gates, still referring to the new, Web-savvy operating procedures in places like Sweden.
Its a very open, transparent bidding process, he said, adding that the things about government that really count were now accessible to anyone with a personal computer.
Theres still a lot that can be done there, Gates said. He credited Nordic countries with ensuring, however, that virtually all key government information was now posted online for viewing by the general public.
I think its been phenomenal. I think the quality of governance has improved, and can improve a lot more, because of that internet transparency, said Gates.
He said a lot of government data are also available in the United States online, but they are often too complicated by jargon and difficult to navigate through for most users.
This is one where the Nordic countries are the best… Were not the model for that particular effort, said Gates.
Gates is due to leave his day-to-day functions at Microsoft and dedicate himself to the philanthropic efforts of the Gates Foundation in June.

BEA Systems Joins VMware to Deliver Java Virtualization for the Enterprise

Saturday, April 5th, 2008

BEA Systems, provider of enterprise infrastructure software, has announced that it is working with VMware to deliver Java virtualization for the enterprise.The new BEA LiquidVM VI Client Extension enables customers to deploy and manage enterprise Java applications as virtual machines within a VMware-virtualized environment. BEA and VMware collaborated on the development of this extension to VMware VirtualCenter to improve the performance of Java applications on VMware virtualization software. VMWare has planned to package it within a future release of their Virtual Center product line.LiquidVM VI Client Extension allows users to create, configure and manage LiquidVM-based virtual machines, such as WebLogic Server Virtual Edition or any other Java application, as standalone, bundled, ready-to-run software appliances that offer high performance computing to create a dynamic flexible architecture.BEA LiquidVM is a virtualization-enabled version of the JRockit JVM that can run on a hypervisor without a standard OS. This allows Java applications to run directly on the virtualized hardware without the need of a standard operating system. VMware Infrastructure allows customers to encapsulate applications and operating systems into virtual machines, which are standardized, hardware-independent packages that can be easily changed, moved and manipulated. This platform configures virtual appliances along with providing complete governance and automation solution for enterprise grade virtualization.

First-day drop for Diligent

Wednesday, January 30th, 2008

Diligent raised $24 million in an over-subscribed initial public offering at $1 a share.
The shares ended the day at 95 cents after trading started at 11am yesterday.
The NZX top 50 index was down 27 points to just under 4000, as most world markets fell because of disappointment with a modest interest rate cut in the United States. The NZX 50 index is at its lowest in almost a year.
Last week Diligent issued a statement distancing itself from Mr Henrys brother, Gerald, after an article highlighting his bankruptcy in 1989 and fraud conviction in the US in 1996.
Gerald Henry founded Energycorp, which crashed in 1988 owing about $20 million.
The statement said Gerald Henry had no interest in the company and was not employed by it.
Speaking at a listing ceremony at the NZX offices in Wellington yesterday, Brian Henry said the NZX had given him a telling off after the article and though he had been advised disclosure was not necessary, he took responsibility.
In hindsight I should have said something about this, I really should have. I didnt think I had to. It was a mistake.
One broker said the share price fall was odd investor behaviour, blaming the bad publicity.
Andrew McDouall, managing director of McDouall Stuart Securities and lead manager of the Diligent float, said it would be an unusual philosophy that led investors to buy a share at a dollar and sell it later in the day for less.
He would not be drawn on the cause.
Diligent, a New York supplier of online information management systems for company boards, was founded by Mr Henry.
He moved the companys software design division to Christchurch after the terror attacks in New York.
The listing is only the fourth float this year, excluding mutual funds.
Currently, the company has a handful of fulltime international sales and marketing staff. The IPO funds will be used to increase the number to 48 by mid-2008 and 78 the following year.
The prospectus projects sales revenue of $7.6 million in 2008, rising to about $30 million in 2009.
A feature of the offer is a performance warranty in which the founding shareholder, DBMS LLC, will forfeit up to 20 per cent of its shareholding if licence fee projections fall short.
Diligents 60 corporate clients include Motorola, AIG SunAmerica Funds, the NZX and Vecta.
Though the company is likely to face stiff competition from US vendors such as BoardVantage and Thomas Boardlink, Diligent said only 20 per cent of US companies used a Web-based portal for board documentation so the market was wide open.
Mr McDouall said the company had a strong base and, as long as it kept to its sales targets, it would offer good value to investors.
It is a potentially high-growth company starting from a solid platform of blue chip clients.
The original software was developed over three years for AIG SunAmerica Funds.
Mr Henry said few companies were interested in the software earlier on.
But after the fall of companies like Enron, Tyco and WordCom, and the introduction of legislation tightening US company governance, interest rose.
An article in the Wall Street Journal last year prompted a flood of interest.

Diligent lists at $1 issue price

Wednesday, January 30th, 2008

The company raised $24 million in an Initial Public Offering (IPO) which represents 23 per cent of the company.
On the opening price, the company, which writes and sells corporate governance software, will have a capitalisation of $140m.
It was just the fourth IPO on the NZX this year (excluding mutual funds). New Zealand has raised less than $200m in primary listings compared with 100 IPOs in Australia that has seen $A10 billion ($NZ11.6b) raised.
Founded by New Zealander Brian Henry, Diligent moved its software division to Christchurch from New York after the September 11 attacks.
An unusual feature of the offer is a performance warranty offered by founding shareholders, who through DBMS LLC warrant would forfeit up to 20 per cent of their shareholding if licence fee projections contained in the companys prospectus are not met.
The companys product is a web-based service which provides board members instant access to board papers from any computer, anywhere, anytime.
Mr Henry, who has worked in the US for about 20 years, maintains a residence in Christchurch.
Proceeds from the IPO will fund the international expansion of Diligents sales drive.
The companys growth to date has been based on a sales force of just one-to-two full time equivalents, and its business plan sees that expanding to 78 over the next two years.
It estimates less than 20 per cent of US companies used a web-based board portal and less than 5 per cent of those used an externally provided portal.
Mr Henry said ease of use and extremely strong security were the key selling points of the software.
The product was developed over three years following a request from AIG SunAmerica Funds, which was a client of Diligents predecessor company, a New York based software development business.
The prospectus projects total revenue of $US5.8 million ($NZ7.6 million) in 2008, which would then grow substantially in the next two years.
The company is chaired by Edward Charlton, a director of HSBC Private Bank in London. Three board members including Mr Henry, are US based and three are New Zealand based.
Mr Henry said New Zealand was the ideal market for Diligent to list on.
Aside from personal ties, the expertise of our Christchurch team is perhaps the critical element in the companys ability to deliver its product offering.
Last week Diligent had to issue a statement distancing itself from Mr Henrys convicted fraudster brother Gerald Henry after the National Business Review published a story exposing his past.
Gerald Henry was bankrupted in New Zealand owing $55 million and spending a stint in a US jail for fraud.
Gerald Henry owned a number of failed companies in the 1980s including listed Energycorp, which owed $20 million when it failed in 1988. He was declared bankrupt in 1989 with debts of $55m and moved to the US.
NBR reported a Delaware court jailed him for four years eight months in 1996 after he was found guilty of fraud charges totalling $US1.3m ($NZ1.7m).
Diligent said Gerald Henry had no beneficial or non-beneficial interest in the company and was not employed by it.

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