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Artis Works Points to Word-of-Mouth Success Around its Folio Product

A week or so ago, I had a chance to visit with Sebastian Ferraccu of Artis Works. Back in May, Artis Works released Artis Folio and so I was keen to discover how the launch had gone. The answer appears to be very well. Sebastian told me that they had around 50 users across 7 different companies now using the software including oil majors, traders and brokers. “We have had a tremendous amount of positive feedback and the product is largely selling itself via word-of-mouth,” he told me. “The product has changed how people work allowing sharing of curves and resulting in improved efficiency, and helping to drive income.” As I stated in my last blog article about Artis works, Artis Folio is ‘a market sheet replacement of Excel and data providers with a ton of flexibility, a clean UI, and serious capabilities.’ Sebastian also told me that there was a lot of demand for live curves, which Artis Folio is now able to provide in Beta test mode currently using the broker’s own data so that the solution produces live curves in real-time throughout the day.

Delivered in the cloud, it takes Artis Works about an hour to enable the software for users and to have everything up and running. Sebastian describes it as a unique and standalone product that delivers value to the front desk and across many other roles. Typically, Artis first run a trial and Sebastian says that it is the procurement process takes longer than setting up the trial and having the users say ‘yes’ to the software. Yet, as a small and new vendor with little brand presence, the product is doing well simply due to word-of-mouth, which is always the best form of marketing!

Meanwhile, they are getting requests for some additional functionalities like, for example, news feeds. While they have some way to go to providing those, they are working steadily on a large roadmap of items that is moving dynamically as new users come onboard. I was also quite surprised at some of the firms using the software as they are tier 1 high-profile names in the industry.

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It’s always good to write about a success story and so far, Artis Works appear to be doing remarkably well. We will check in again in 2022 to see how things continue to go.