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Rudder, a company that enables users to manage their finances with relative ease from the email inbox, has officially announced the the public release of their financial management software. The announcement was made at DEMOfall 08 yesterday.

Rudder has covered all the edges by offering the basics in financial software that we have come to expect from any such offering. The service provides basic account balances, transactions, and bill reminders. In addition to this users could also make use of the advanced widgets to view cash flow analysis, budgeting and savings.

One important premise of Rudder is the fact that it wants its users to live in the future rather than computing pennies and dimes spent in the past. Towards this end, Rudder allows users to navigate their finances by providing actionable information to help users make better financial decisions in the future.

The service is extremely easy to use and takes no more than 3 minutes to setup. The UI is clean and neat and offers a pleasing touch.

Speaking on the occasion Nikhil Roy, founder and CEO of Rudder said:

Because we understand that there’s no one-size-fits-all approach to handling finances, we developed a solution that can be tailored to the needs of every user and continue to grow with them. Rudder has finally solved the problem that others have attempted to solve for years, ensuring that our users spend less time managing their finances and more time doing the things they truly enjoy.

Rudder has partnered with CashEdge, Inc, a leading provider of online financial applications to banks, credit unions, brokerage, and wealth management firms, to gather bank information for its users. In today’s era where privacy is a major concern even for Search Giants, this arrangement provides Rudder’s users with some ease that their personal information is not stored by a startup.

Rudder raised $2 million in Series A from Meakem Becker Venture Capital in 2007 and is based in Houston, Texas.