Avantive Solutions | January 05, 2022
Avantive Solutions, a global technology and business process outsourcer (BPO) specializing in innovative customer experience (CX), strategic sales, and digital marketing solutions, today announced a partnership with Hitachi Solutions America, Ltd., a leading provider of global industry solutions powered by cloud services from Microsoft, to enhance their data analytics capabilities through improved performance of Microsoft Power BI with Azure Databricks. This will allow Avantive to drive best-in-class performance using machine learning and artificial intelligence solutions.
"The goal of our partnership is to take our clients' results to the next level. This will allow Avantive to use optimized technology to increase our contacts, conversions, as well as improve our customers' reachability and level of trust."
Amy Brennan, Avantive's VP of Operational Excellence
As Avantive's digital transformation partner, Hitachi Solutions will develop a customized data platform — fueled by machine learning (ML) and artificial intelligence (AI) — that will let Avantive leverage the power of cutting-edge analytics and customer insights.
"With the ML and analytics scalability of Microsoft Azure and Databricks, Avantive will be able to collect and aggregate data in real time and make efficient moment-by-moment adjustments to live customer outreaches. This capability will markedly improve their contacts, close rates, and performance," explained John Young, Hitachi Solutions' VP of Data Science and Machine Learning.
The Avantive team is focused on how they can control and leverage data to make interactions more personalized and relevant for their clients. This is what sets them apart from the competition — using data-driven insights to successfully reach their customers and communicate with them on a more meaningful level.
"Hitachi Solutions is helping us to not just append the data, but to find the trends in the data in the blink of an eye. At 5:00pm on Tuesday, we will know which households in which state to call, and we will have the ability to personalize our conversations based on the demographic data we can access with speed and security," said Brennan.
Avantive will implement new insights, utilizing multi-faceted demographic appends, allowing greater ability to reach their customers. By providing new data analysis speed and capacity, they will supply clients with greater trending insights and, ultimately, personalized call scripts.
Avantive chose Hitachi Solutions as their partner due to the relationship CEO Frank Pettinato built with the Hitachi Solutions team over the past two years. Already using Power BI and Azure, Avantive sought to collaborate further with a Microsoft solutions and technology leader.
"Hitachi Solutions impressed us with their team and the comprehensive nature of the solution they provided based on our market position. We've been very impressed with their nimbleness to come up with this unique solution for our company," said Pettinato.
While the project is well underway, Brennan is working daily with the Hitachi Solutions team on delivery, review, and developing the release of this cutting-edge technology in the first quarter.
"Our goal is to drive strong, measurable performance for our clients. We are already a market leader in insights and innovation. We believe Hitachi Solutions will make that capability richer, allowing us to provide additional actionable insights and placing Avantive Solutions several years ahead of market competitors," added Brennan.
About Avantive Solutions
Avantive Solutions, founded in 1988, is a Purpose-Driven global technology and business process outsourcer (BPO) specializing in designing, building, and delivering innovative customer experience (CX), strategic sales, and digital marketing solutions. The Company's Omni-Touch™ integrated solution provides actionable insights and drives desired outcomes through advanced analytics, artificial intelligence (AI), and machine learning platforms. Avantive Solutions partners with the world's most recognized brands in communications and media, healthcare, energy, financial technology (Fintech), and eCommerce. To learn more about how Avantive Solutions is bringing purpose to the customer experience, go to avantivesolutions.com.
About Hitachi Solutions America, Ltd.
Hitachi Solutions America, Ltd. helps its customers successfully compete with the largest global enterprises using powerful, easy-to-use, and affordable industry solutions built on Microsoft cloud services. Hitachi Solutions America provides global capabilities with regional offices in the United States, Canada, Europe, India/Middle East, Japan, and Asia Pacific. To learn more about how Hitachi Solutions can support your organization leveraging Microsoft solutions and technologies, go to global.
Qontigo | January 11, 2022
Qontigo, a leading provider of innovative risk, analytics and index solutions has made available ISS ESG, Clarity AI and Sustainalytics data within its financial optimizer, Axioma Portfolio Optimizer (APO). Sustainalytics will also be integrated into Axioma Portfolio Analytics (APA) for performance attribution and reporting as well as Axioma Risk Model Machine (RMM), which allows users to create custom risk models.
With this direct integration into Axioma portfolio construction tools, asset managers, wealth managers and asset owners will be able to construct portfolios actively tilting towards a combination of ESG attributes; identify point-in-time ESG exposures; create desired hedges; develop custom risk models that explain risk and return; and run performance attribution based on ESG attributes.
Using its proprietary Risk Entity Framework, Qontigo is able to consolidate and normalize sustainability-linked content from multiple sources, ensuring consistency across multiple asset classes.
"We know that there's a great need for sustainability to inform the investment process and so it's important for us to offer clients a breadth of best-in-class content," said Chris Sturhahn, Chief Product Officer for Analytics at Qontigo. "Clients running strategies with ESG-linked goals – from climate to impact – may already be working with a number of vendors, but they can now benefit from more seamless data integration with leading analytics tools for portfolio construction, risk and reporting, which could result in lower total cost of ownership."
The forthcoming introduction of sustainability content into Axioma multi-asset class, cloud-native offerings will enable investment managers to also manage their portfolios with respect to a wide spectrum of sustainability-linked investment targets, as well as generate output that helps with sustainability-linked management, investor and regulatory requirements.
"We are pleased to offer our market-leading ESG data through the Axioma Portfolio Optimizer, initially starting with a focus on climate and encompassing emissions data, physical and transitional risk metrics, and scenario data across approximately 28,000 issuers," said Dr. Maximilian Horster, Head of ISS ESG, the responsible investment arm of Institutional Shareholder Services Inc. "We are excited by the opportunities this partnership affords mutual clients to access class-leading ESG and risk management solutions through an integrated channel."
"One dimension of bringing societal impact to markets is providing broad, granular and transparent ESG Risk and SDG Impact analysis, and we are excited to bring that to Qontigo and its clients," said Rebeca Minguela, Founder & CEO of Clarity AI, the global, leading sustainability tech platform. "Instead of applying analysts' subjective assessments, we leverage science-based methodologies and proprietary machine learning to deliver reliable and objective data at scale with exceptionally broad coverage. As a digital-native provider, we lead the industry in offering a comprehensive range of SaaS solutions for sustainability assessment, and integrating into Axioma Portfolio Optimizer creates the opportunity for us to illuminate paths to a more sustainable world for an even wider base of clients."
"Sustainalytics is delighted to provide Qontigo's clients with our diverse range of ESG risk and compliance solutions," said Shila Wattamwar, Global Head of Strategic Partnerships at Sustainalytics. "With ESG issues becoming a more central part of the investment decision-making process, investors can now more easily show the ESG risk attributes of their portfolios and report on them by leveraging Sustainalytics' rich ESG solutions in Qontigo's risk and analytics environment. We look forward to building on the success of our relationship with Qontigo and expanding our partnership."
Users of APO, APA and RMM will be able to access:
ISS ESG Daily Multi-Attribute files covering 2 modules across more than 28,000 entities: Climate Core and Climate Impact
Clarity AI ESG Risk ratings as well as SDG Impact metrics, with coverage that extends across 30,000 companies, 135,000 funds, 198 countries and 187 local governments
Sustainalytics Daily Multi-Attribute files covering 7 modules across more than 25,000 entities: ESG Risk Ratings, Product involvement, Controversial Weapons, Global Standards Screening, Corporate Governance and Controversies
Qontigo currently uses ISS ESG and Sustainalytics datasets for the construction of STOXX and DAX indices.
subex | November 09, 2020
Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the quarter ended September 30, 2020.
Performance Highlights for the quarter ended September 30, 2020:
Revenue for the quarter at INR 933 million as against INR 857 million in Q2FY20
EBITDA for the quarter at INR 254 million as against INR 207 million in Q2FY20
EBITDA excluding Forex gains/losses for the quarter at INR 298 million as against INR 178 million in Q2FY20
Profit after Tax (PAT) for the quarter at INR 123 million as against INR 63 million in Q2FY20
Vinod Kumar, Managing Director & CEO, Subex, said, “During a period where the industry as a whole is continuing to come to grips with the ‘new normal’, we are very pleased to report both revenue and profit growth for the second quarter of FY21. Market traction, along with our singular focus on Digital Trust, is slowly building the growth momentum.
Despite the challenges of remote working, we are performing well on delivery and operations. With the recent appointment of our new CTO, we have augmented the management bandwidth required to drive an exciting product roadmap intended to expand our digital trust portfolio. We will also be strengthening our engagement with global strategic partners around our new solutions and technology areas such as blockchain, AI/ML to drive wider market adoption.“
Commenting on the results, Anil Singhvi, Chairman of the board, said, “Despite business challenges globally due to Pandemic, Subex has done very well. Continued good performance on all fronts, cleaned up balance sheet and improved free cash flows, are enabling us to invest in newer businesses and service our reduced capital base well”
Highlights of the Quarter
Launched Partner Ecosystem Management which will allow CSPs to accelerate their digital services portfolio expansion
Listed as a Sample Provider for Augmented Analytics in Gartner’s Emerging Technologies and Trends Impact Radar for Artificial Intelligence in Telecom report
Selected by a Tier-I Middle East operator for ROC Revenue Assurance and ROC Fraud Management
Secured a new deal with a regulatory body in Africa to validate the revenues reported by operators in the region and the associated license fees
Update on Capital Reduction
Completed the capital reduction process
Trading of new Subex shares commenced w.e.f. 5th November, 2020
Subex is a pioneer in enabling Digital Trust for businesses across the globe.
Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust.
Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Network Analytics, and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries.
Crunchy Data | January 04, 2022
Crunchy Data - the leading provider of trusted Open Source PostgreSQL products, solutions and support, is proud to announce that PostgreSQL advocate Jean-Paul Argudo has joined its team to lead Crunchy Data's expansion into France, building on Crunchy Data's momentum in the European market.
Argudo previously served as the co-founder and CEO of Dalibo, where he helped build the company as the leading PostgreSQL provider in France. He has actively promoted Open Source technology since 2000 and has played an important role in driving PostgreSQL adoption throughout France. Argudo has been active in the PostgreSQL community for many years, serving as a member of the administration council and as one of the founders of the PostgreSQLFr nonprofit organization. He also created the first version of the French-speaking PostgreSQL website and co-founded and served as the treasurer and board member of PostgreSQL Europe between 2008 and 2013.
"Crunchy Data's trusted Open Source Postgres technology, including its cloud-native Postgres for Kubernetes offerings and fully managed Postgres offering, Crunchy Bridge, have seen considerable interest in France and Europe more generally," said Crunchy Data President Paul Laurence. "We are enthusiastic about Jean-Paul joining Crunchy Data to build on the momentum we are seeing in Europe and assist Crunchy Data's customers in their successful adoption of Postgres."
"I am very happy to join Crunchy Data, which is among the finest PostgreSQL technical teams in the world. Its Open Source offerings will meet the expectations of the most demanding PostgreSQL users," said Argudo. "Crunchy Data enables Postgres users to maintain their freedom of choice when operationalizing PostgreSQL and deploying it to any of the popular clouds. Since PostgreSQL has become strategic in many businesses, I'll be happy to explain to them how Crunchy Data can help build a fast and reliable data infrastructure for their needs."
The expansion into France follows Crunchy Data's 2021 expansion into APAC with the addition of Tony Mudie leading Crunchy Data Australia.
PostgreSQL is a powerful, Open Source, object-relational database system with more than 25 years of active Open Source development and a strong global community. Commercial enterprises and government agencies with a focus on advanced data management benefit from PostgreSQL's proven architecture and reputation for reliability, data integrity, and cost effectiveness.
About Crunchy Data
Crunchy Data allows companies to build with confidence as the leading provider of trusted Open Source PostgreSQL and enterprise technology, support and training. Crunchy Data offers Crunchy Certified PostgreSQL, the most advanced and true open source RDBMS on the market. The company also offers Crunchy Bridge, a fully managed cloud Postgres service available on AWS, Azure and Google Cloud. PostgreSQL's active development community, proven architecture, and reputation for reliability, data integrity, and ease of use makes it a prime candidate for enterprises looking for a robust relational database alternative to expensive proprietary database technologies.