Technology firm GlobalOne, which specialises in areas such as cloud computing for professional services, has rolled out GlobalOne Asset Management, Retail Banking and Wealth Management solutions.

These packages are designed to speed up cloud-based customer relationship management systems.

The launch comes at a time when cloud computing, which describes how hosted services are delivered over the internet, has been growing as an area in the technology sector, raising issues such as the security and speed of these seystems.

"Until now, most financial services organizations have struggled to find vertical-focused solutions that leverage cloud and social technologies," said Geoff Merrick, chief technology of GlobalOne.

"This industry is burdened with decades-old legacy technology and new regulatory requirements. The desire within these organisations to collaborate more effectively makes migrating to social solutions a very compelling strategy. For the first time, these firms can realise the business benefits of cloud and social technologies at a speed and cost that was traditionally unrealistic,” he said.

GlobalOne Asset Management is immediately available directly from GlobalOne. GlobalOne Retail Banking and GlobalOne Wealth Management will be available early 2012.

GlobalOne was formed in 2007 and is headquartered in New York, with offices in Chicago, Atlanta, San Francisco, Sydney, Australia and Manila, Philippines.