Tiger Consultants, the UK-based financial consultancy firm, has launched a software development division that will focus on developing solutions for efficient data use by investment management houses.

A team of 70 business and technology staff will cover key programming languages, databases, internet methodologies and development tools in the Tiger projects investment management division. There will be support for client reporting through programs such as Actuate, which retrieves business information from corporate databases and delivers it as interactive web pages and Excel spreadsheets, and data warehousing through a range of tools and in-house data models.