Cougar Software

This article is about Cougar Software. It is not to be confused with Cougar Mountain Software.
Cougar Software
Private
Industry Financial modeling solutions for the commercial real estate industry
Founded 1992
Number of locations
 Toronto, Ontario, Canada
Sydney, Australia
London, England
New York City, USA
Key people
 CEO: Oren Rosen
CFO: Gidon Kerbel[1]
COO: Harold Krawitz[2]
VP Operations and Sales: Lara Dodo
Website http://www.cougarsoftware.com/

Cougar Software provides budgeting, planning and forecasting software for real estate investors in the commercial real estate industry globally. Founded in Australia in 1992, the company is privately held, with offices in Canada, Australia, United Kingdom and U.S.A.

In February 2015, Cougar Software was acquired by MRI Software of Ohio.[3]

History

Cougar Software was founded in Sydney, Australia in 1992 by Bruce Millar.[4] Oren Rosen, who previously held leadership positions with firms such as PricewaterhouseCoopers,[5] joined Cougar Software as Vice President in 2007,[6] and then took over as the company's Chief Executive Officer in 2008. In 2014, Rosen was appointed to the board of the Open Standards Consortium for Real Estate (OSCRE),[7] reinforcing the company's support of OSCRE industry standards.[8]

Cougar Software works in partnership with various consulting and technology firms in the real estate management realm, including:

Cougar Software principals are regularly called upon to speak and participate in panels at real estate industry conferences and symposia.[12]

Cougar Software was acquired by MRI Software on February 3, 2015 [13]

Customers

Cougar Software customers include property management and investment companies, pension plans, and REITs.

Customers seeking Cougar Software products and solutions are typically real estate investment managers experiencing challenges accessing and understanding their portfolio management and debt positions due to disparate systems and manual processes.[14][15]

Products

Cougar Software's approach to asset management, budget management, valuation, debt and fund management software solutions in commercial real estate is based on financial modeling, including: managing debt covenants; scenario modeling; what-if analysis; sensitivity analysis; and balance sheet forecasting.

Cougar Software is accredited as a Microsoft Certified Professional organization, and employs Amazon Web Services in its products and solutions.

Recognition

Cougar Software was a 2014 finalist in the Real Estate Technology Innovation category of the "Digie" Awards.[16]

The Digie Award winners for technology innovation in 2012/2013/2014 include two Cougar Software customers - Walmart Realty and TIAA-CREF.

References

  1. ↑ Bloomberg Businessweek executive profile of Gidon Kerbel
  2. ↑ Bloomberg Businessweek executive profile of Harold Krawitz
  3. ↑ Solon-based MRI Software purchases Cougar Software of Toronto, Cleveland Business February 6, 2015
  4. ↑ Millar Financial profile of Bruce Millar
  5. ↑ Oren Rosen OSCRE Board of Directors biography
  6. ↑ Oracle Journal/PR Newswire announcement re: Oren Rosen appointment (Press Release)
  7. ↑ OSCRE Newsletter February 2014
  8. ↑ OSCRE Standards – A Key to Improved Performance and the Internet of Things (Press Release)
  9. ↑ Hipercept Strategic Partner (Press Release)
  10. ↑ Realcomm IBcon 2014 Conference livestream interview with Stephen Baker of MRI Software, LLC and Lara Dodo of Cougar Software
  11. ↑ Announcement - Cougar Software Partners with iKindi (Press Release)
  12. ↑ Realcomm Las Vegas 2014 Program Speakers
  13. ↑ MRI Software Acquires Cougar Software.
  14. ↑ [ http://hipercept.com/blog/leading-global-real-estate-investment-manager-solves-data-problems-cougar-software-hipercept/ Leading Global Real Estate Investment Manager Solves Data Problems with Cougar Software and Hipercept, September 11, 2014 (Press Release)]
  15. ↑ [ http://www.ikindi.com/real-estate-portfolio-modeling.html Leading Global Real Estate Investment Manager Solves Enterprise-Wide Portfolio Modeling Solution using Cougar Software and iKindi Data Integration Specialists, October 8, 2014 (Press Release)]
  16. ↑ 2014 Digie Award Finalists Announced, by Realcomm