January 18, 2018 9:45 PM ET

Software

Company Overview of Qube Global Software Ltd.

Company Overview

Qube Global Software Ltd. develops and supplies real estate management software solutions for real estate people worldwide. The company offers property, corporate real estate, facilities, workplace, sales and rental, and space management software solutions. It also provides support and training services. The company offers its products as on premise or Software-as-a-Service solutions. Qube Global Software Ltd. was formerly known as Fraser Williams (Commercial Systems) Limited and changed its name to Qube Global Software Ltd. in September 2007. The company was incorporated in 1982 and is based in London, United Kingdom with additional offices in the United Kingdom and internationally. Qube Gl...

9 King Street

London,  EC2V 8EA

United Kingdom

Founded in 1982

Phone:

44 20 3861 7100

Fax:

44 20 3861 7299

Key Executives for Qube Global Software Ltd.

Executive Managing Director
Managing Director of Operations
Managing Director of Qube Sales, Lettings and Management
Managing Director of The Americas’
Human Resources Director and Director
Compensation as of Fiscal Year 2017.

Qube Global Software Ltd. Key Developments

Qube Global Software Ltd. Announces the Release of Qube Horizon 10.2 Service Pack 4

Qube Global Software Ltd. announced the release of Qube Horizon 10.2 Service Pack 4, which includes enhanced functionality for the new lease accounting standards. With the release of Horizon Service Pack 4, customers can meet the new ‘leases on the balance sheet’ requirements. By 2019, many companies will have to add payable leases onto the corporate balance sheet to comply with IFRS 16 and FASB Topic 842, with comparative reporting required from 2018. By handling the rule changes within Horizon, businesses can automate these calculations that are otherwise time-consuming, prone to error and difficult to audit in a spreadsheet approach. The enhancements in Horizon Service Pack 4 includes functionality so that both IASB and FASB balance sheet values can be automatically provided for a lease for each and every accounting period. This includes: Automatic recalculations and associated balance sheet adjustments when leasing events require it, such as extensions and terminations; Management of landlord incentives, impairments and dilapidations; Management of transitional rules; New disclosure reports providing details of right of use assets, interest, amortisation, cash flow and weighted terms; Scenario modelling of new leases to aid the decision support on the balance sheet impact of new contracts; Horizon is designed as an open information system and the calculated values can be automatically transferred through to corporate accounting systems to avoid manual journal creation. Alongside the new lease accounting functionality, there is a wide breadth of additional features for existing customers within Service Pack 4.

HKR International Limited Selects Qube Horizon as its Enterprise Platform for Leasing, Accounting and Property Maintenance

HKR International Ltd. has chosen Qube Global Software as its partner to implement the Qube Horizon platform for its leasing, accounting and property maintenance activities. Qube Global Software will deliver a fully managed Software as a Service and host the application at its Hong Kong data centre. All of the Group’s real estate assets in South East Asia and China, including retail, commercial, residential and car parks, will be migrated to and managed on the Qube Horizon system. Including HKRI’s development in Discovery Bay, a fully integrated resort-styled residential project with about 19,000 residents.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 4, 2017
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