BIG DATA MANAGEMENT

Black Knight Acquires eMBS, Adding Agency Data and Analytics to Company's Mortgage Solution Ecosystem and Expanding Secondary Market Offerings

Black Knight | May 18, 2021

Black Knight, Inc., an award-winning provider of integrated software, data, and analytics to the mortgage, secondary market, and real estate industries, announced the acquisition of eMBS Inc, which provides performance data and analytics on agency-backed securities to all market participants to inform better investment decisions and increase the yields on their mortgage-backed securities.

With about $7.5 trillion in agency MBS outstanding, the expense of managing reliable and timely databases and analytics is costly and time-consuming, even for the savviest investors. Clients that license eMBS data minimize the operational burden and eliminate the start-up costs associated with investing in this business, which has long been regarded as "standard equipment" for agency MBS investors. Clients provide access to granular organization statistics as well as summarised database-ready information with pre-calculated prepayments and several market aggregations. By removing the need for mortgage-specific databases, data feeds, and systems used to update, calculate, aggregate, and display this data, using eMBS' capabilities will eliminate the costs of data, systems, and resources.

Black Knight will further incorporate eMBS technologies into its data and analytics solutions, including its AFT Prepayment & Default Model, which is now widely used by agency MBS investors to help forecast securities' potential results. Furthermore, integrating eMBS data with Black Knight's McDash loan output database improves the consistency of the AFT models, offering an unparalleled view of mortgage risk. Along with its ever-expanding marketplace of data properties, Black Knight's Rapid Analytics Platform can provide unparalleled ease of access to eMBS data in a cloud-based data science studio.

About eMBS

eMBS, based in Tampa, Fla., uses internet technology to provide all industry players with nuanced MBS information and analytics. By eliminating the need for mortgage-specific databases, data feeds, and systems used to update, calculate, aggregate, and display this data, this model eliminates the costs of data, systems, and personnel. eMBS is a Committee of 100 members of the Tampa Chamber of Commerce. Larry Gioia has been a supporter, adjunct mentor, and guest lecturer at the University of South Florida's Muma College of Business in Tampa, as well as a member of the State University of New York Maritime College's Engineering Advisory Board.

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DATA VISUALIZATION

Privitar Announces Strategic Partnership with Data Integration and Management Leader Denodo to Advance Modern Data Provisioning

Privitar | April 20, 2022

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BIG DATA MANAGEMENT

IBM Aims to Capture Growing Market Opportunity for Data Observability with Databand.ai Acquisition

IBM | July 07, 2022

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Databand.ai's open and extendable approach allows data engineering teams to easily integrate and gain observability into their data infrastructure. This acquisition will unlock more resources for Databand.ai to expand its observability capabilities for broader integrations across more of the open source and commercial solutions that power the modern data stack. Enterprises will also have full flexibility in how to run Databand.ai, whether as-a-Service (SaaS) or a self-hosted software subscription. The acquisition of Databand.ai builds on IBM's research and development investments as well as strategic acquisitions in AI and automation. By using Databand.ai with IBM Observability by Instana APM and IBM Watson Studio, IBM is well-positioned to address the full spectrum of observability across IT operations. For example, Databand.ai capabilities can alert data teams and engineers when the data they are using to fuel an analytics system is incomplete or missing. 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Daniel Hernandez, General Manager for Data and AI, IBM Data observability solutions are also a key part of an organization's broader data strategy and architecture. The acquisition of Databand.ai further extends IBM's existing data fabric solution by helping ensure that the most accurate and trustworthy data is being put into the right hands at the right time – no matter where it resides. "You can't protect what you can't see, and when the data platform is ineffective, everyone is impacted –including customers," said Josh Benamram, Co-Founder and CEO, Databand.ai. "That's why global brands such as FanDuel, Agoda and Trax Retail already rely on Databand.ai to remove bad data surprises by detecting and resolving them before they create costly business impacts. Joining IBM will help us scale our software and significantly accelerate our ability to meet the evolving needs of enterprise clients." Headquartered in Tel Aviv, Israel, Databand.ai employees will join IBM Data and AI, further building on IBM's growing portfolio of Data and AI products, including its IBM Watson capabilities and IBM Cloud Pak for Data. Financial details of the deal were not disclosed. The acquisition closed on June 27, 2022. About Databand.ai Databand.ai is a product-driven technology company that provides a proactive data observability platform, which empowers data engineering teams to deliver reliable and trustworthy data. Databand.ai removes bad data surprises such as data incompleteness, anomalies, and breaking data changes by detecting and resolving issues before they create costly business impacts. Databand.ai's proactive approach ties into all stages of your data pipelines, beginning with your source data, through ingestion, transformation, and data access. Databand.ai serves organizations throughout the globe, including some of the world's largest companies in entertainment, technology, and communications. Our focus is on enabling customers to extract the maximum value from their strategic data investments. Databand.ai is backed by leading VCs Accel, Blumberg Capital, Lerer Hippeau, Differential Ventures, Ubiquity Ventures, Bessemer Venture Partners, Hyperwise, and F2. About IBM IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service.

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BIG DATA MANAGEMENT

Voxco Launches Voxco Intelligence, a No-code Data Analytics Platform to Fuel the Future of Customer Insights

Voxco | April 06, 2022

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DATA ARCHITECTURE

Veeva Data Cloud Brings Together OpenData, Link, and Compass on a Common Data Architecture

Veeva Systems | April 27, 2022

Veeva Systems today announced Veeva Data Cloud, a group of cloud data applications that includes Veeva OpenData customer reference data, Veeva Link for real-time intelligence, and Veeva Compass patient, prescriber, and sales data for the U.S. market. Veeva Data Cloud reflects the company's long-term commitment to delivering better data to the industry, all on a common data architecture. Taking a new approach, Veeva Data Cloud delivers unlimited access to data through modern cloud software for greater flexibility and data that's always up to date. "Commercial excellence is about getting your products to the patients that need them. With Veeva Data Cloud's modern approach and common data architecture, sales, medical, and marketing teams can work together in a more coordinated, customer-centric, and compliant way." Veeva CEO Peter Gassner Veeva Data Cloud's three major product families all share a common data architecture and "better data, better delivery" approach: Veeva OpenData is customer reference data, including healthcare provider (HCP) and healthcare organization data, and the affiliations between them. OpenData delivers high-quality data with no usage restrictions in more than 65 countries today, with plans for more than 100 countries by the end of 2023. Veeva Link data applications deliver real-time intelligence on key scientific and medical experts, health systems, scientific awareness and sentiment, and medical insights. Veeva Compass is a suite of U.S. longitudinal patient, longitudinal prescriber, and sales data for a wide range of commercial use cases, including launch planning, HCP segmentation and targeting, incentive compensation, and patient journey analytics. Veeva Compass Patient and Veeva Compass Prescriber are available today, with Veeva Compass Sales planned for availability in late 2022. Veeva Data Cloud and Veeva Commercial Cloud share a common data architecture so customers can work seamlessly across sales, medical, and marketing. This common data architecture includes shared definitions for data elements such as brands, doctors, products, content, and interactions. For more information, see the Veeva Summit keynotes on-demand at veeva.com/SummitKeynotes. Life sciences industry professionals can also register for the Veeva Commercial Summit for sales, medical, and marketing in Boston on May 5. About Veeva Systems Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves.

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Big data analytics has the potential to transform the way we work. It makes us take better decisions, predict failures, and unlock new revenue sources.

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