London, UK (May 4, 2016) — PubMatic, the marketing automation software company for publishers, today announced it has been selected by Web Financial Group, one of Europe’s largest providers of digital technology driven-solutions for the evolution of financial services industry, to power programmatic advertising across its desktop and mobile web inventory. The partnership will see PubMatic providing Web Financial Group with their leading enterprise-grade wrapper solution, helping to maximise revenue on an impression by impression basis and replacing the opaque waterfall set-up implemented previously.
“Consumers continue to increase the time they spend on mobile devices and our focus on relevant solutions is resulting in significant upside for our customers,” said Rajeev Goel, Co-Founder & CEO of PubMatic. “Correspondingly, as the automation of media buying and selling matures, the demand for scalable and efficient direct deals has increased. Our enhanced ad decisioning is proving invaluable for these types of transactions. As a result of our focus on these industry trends, PubMatic achieved 12-month performance highs in daily run rate, daily Private Marketplace spend, and daily mobile monetization.”
Web Financial Group’s media division will work with PubMatic to drive their programmatic strategy across their assets in Spain and other primary markets across Europe including the UK, Germany, France and Italy, monetising the significant opportunity presented by their highly valuable, premium business audience. In addition to implementing the wrapper solution, they will also use PubMatic to power their private marketplace (PMP) offering, giving advertisers the opportunity to see what premium ad inventory is available, before deciding which high value placements to invest in.
“We are delighted to be partnering with PubMatic as we build out our programmatic first approach. Their complete wrapper solution enables us to easily manage and measure all of our header bidding partners. As a result, we will have a unified view of our programmatic demand enabling us to make the appropriate ad decisions to drive the highest return from all our digital assets – desktop and mobile from video to native,” said David Grijalba, Head of Programmatic at Web Financial Group.
Grijalba continued: “As advertisers increasingly recognise the value of PMPs, having a partner with extensive experience in delivering these types of deals was an additional deciding factor when selecting PubMatic.”
Bill Swanson, Vice President EMEA at PubMatic added: “We are thrilled to be implementing our wrapper solution for Web Financial Group. As the publishing industry adopts more sophisticated programmatic advertising solutions, striving to monetise all impressions to their fullest potential is crucial. The integration of a wrapper solution in place of a potentially biased waterfall set-up, coupled with the insights delivered by our unique real-time analytics solution, will empower Web Financial Group to put their programmatic demand on equal footing with their direct sales. We look forward to partnering with them as they build out their programmatic capability over the coming months.”
About Web Financial Group
Web Financial Group is a global independent provider of digital technology-driven solutions for banking & wealth management.
While WebFG Tech division empowers 200 banks servicing 80 million end users daily, WebFG Media offers client acquisition & activation reaching 10 million retail investors.
About PubMatic
PubMatic is the leading marketing automation software company for publishers. Through real-time analytics, yield management, and workflow automation, PubMatic enables publishers to make smarter inventory decisions and improve revenue performance. Focused on serving the needs of premium publishers, PubMatic inspires buyer confidence by providing flexibility in audience discovery and planning media campaigns through its Media Buyer Console and APIs. The company’s marketing automation software platform provides a global roster of comScore publishers with a single view into their advertiser relationships across every screen, every channel and every format. PubMatic was ranked by Deloitte as one of the fastest growing companies in the US for the fourth consecutive year in 2015. The company has offices worldwide, and is headquartered in Redwood City, California.
PubMatic is a registered trademark of PubMatic, Inc. Other trademarks are the property of their respective owners.