BIG DATA MANAGEMENT

Envestnet | Yodlee launches Key Data Analytics Products on AWS Data Exchange

Envestnet | Yodlee | June 25, 2021

Envestnet | Yodlee, leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services launched its industry-leading data analytics on Amazon Web Services Data Exchange, a service that makes it simple to find and subscribe to third-party data cloud.

Envestnet | Yodlee’ products, through this collaboration, will be available immediately on one of the fastest-growing marketplaces, which will enable businesses to quickly access the data analytics for varied investment management and corporate planning insights. Envestnet | Yodlee’s data analytics gives insights into competitive landscapes, customer brand affinity, unique consumer spending trends and more, enabling critical decisions that can impact revenue or reduce risk. 

About Envestnest
Envestnest is on a mission to transform the way financial advice and wellness are delivered. They empower advisors and financial service providers with inventive technology, solutions, and intelligence to make financial wellness a reality for all. More than 106, 000 advisors and 5,200 companies; 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors and their clients.

Spotlight

The primary purpose of a health information exchange (HIE) organization is to deliver a central source for providers to access real-time clinical profiles for their patients. To do this, HIEs aggregate patient data from all member healthcare organizations’ electronic medical record systems. This data can include admission and visit history, laboratory orders and results, radiology orders, outpatient medication prescriptions, diagnostic and procedure codes, and clinical notes and documents. The accessibility of these clinical profiles is intended to enable higher quality and more cost conscience and effective care. This timely, longitudinal clinical data is the most valuable component of an HIE. It also makes the data set ripe for analysis. These analyses for providers include forecasts, risks, trends, performance measures and benchmarking. HIEs that are able to provide this level of analytic information can facilitate better care coordination and lower population health costs by 10-40% for their members. Strategically, HIEs with advanced analytic capabilities will likely experience better long-term sustainability.


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DATA ARCHITECTURE

Fractal expands cloud AI offerings with the acquisition of Neal Analytics

Fractal | January 12, 2022

Fractal, a global provider of artificial intelligence and advanced analytics to Fortune 500® companies, today announced the acquisition of Neal Analytics, a cloud, data, engineering and AI Microsoft Gold consulting partner, for an undisclosed amount. Neal Analytics strengthens Fractal's AI engineering capabilities & cloud-first offerings on Microsoft's multi cloud ecosystems and enables clients to scale AI and power decisions; It also strengthens Fractal's presence in the Pacific Northwest, Canada, and India. Founded in 2011, Neal Analytics is a Microsoft Gold Consulting Partner supporting its cross-industry clients, such as PepsiCo and Microsoft, in their data-driven transformation initiatives. Neal Analytics' 200+ team brings deep expertise on the Azure stack - across data science, AI & ML, IoT, Edge Computing, BI, application development, migration and modernization, and automation. Neal Analytics also has partnerships with Intel, Nvidia, and Databricks. "We are excited about partnering with Dylan and his talented team at Neal Analytics. They have built a great client-centric, people-oriented culture, and have an impressive track record of solving and scaling AI engineering challenges, especially on the Microsoft platform, for marquee clients. This partnership will accelerate our ability to power data-driven decisions end-to-end for our Fortune® 500 sized clients." Srikanth Velamakanni, Co-founder and Group Chief Executive, Fractal Dylan Dias, CEO, Neal Analytics, said, "This is the successful culmination of a thorough, year-long process. Our goals were to find the best long-term home for Neal's 200+ employees, a platform to scale faster, and the ability to play a bigger role in this fast-accelerating space. Fractal was a clear choice. Our culture and vision are 100% aligned. This is an exciting opportunity to empower our people and work alongside like-minded practitioners to transform businesses with cloud, data, and AI. It will enable Neal Analytics and Fractal to grow and achieve more together." Satish Raman, Chief Strategy Officer, Fractal, said, "Hyperscale cloud infrastructures are enabling organizations to be more agile and improve their business performance to better serve clients. Neal's award-winning experts in Microsoft's Azure and cloud technologies have been helping organizations to securely migrate, modernize and accelerate their business transformation within the cloud for more than a decade. We're delighted that this acquisition of Neal will further strengthen our rapidly growing analytics, AI, and data engineering business in North America." About Fractal Fractal is one of the most prominent players in the Artificial Intelligence space. Fractal's mission is to power every human decision in the enterprise and brings AI, engineering, and design to help the world's most admired Fortune 500® companies. Fractal's products include Qure.ai to assist radiologists in making better diagnostic decisions, Crux Intelligence to assist CEOs and senior executives make better tactical and strategic decisions, Theremin.ai to improve investment decisions, Eugenie.ai to find anomalies in high-velocity data, Samya.ai to drive next-generation Enterprise Revenue Growth Management, Senseforth.ai to automate customer interactions at scale to grow top-line and bottom-line and Analytics Vidhya is the largest Analytics and Data Science community offering industry-focused training programs. About Neal Analytics Neal Analytics is a cloud, data, and AI Microsoft Gold Consulting Partner supporting data-driven transformation initiatives from data strategy to solution design, architecture, development, operationalization, and support. Neal leverages Agile methodologies and flexible engagement models to deliver measurable customer value with a focus on right sized and pragmatic approaches towards digital transformation.

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BIG DATA MANAGEMENT

Civis Analytics Launches Toolkit for a Data-Driven COVID Vaccine Campaign

Civis Analytics | February 23, 2021

Civis Analytics, a data science firm innovating at the intersection of public good and scientific best practices, today announced the launch of its COVID Vaccine Campaign Toolkit. This resource hub includes key information for organizations looking to use data to inform persuasive and equitable COVID vaccination outreach. The toolkit provides guidance on each aspect of an outreach campaign that requires a specific, tailored approach. These include: • Messaging and messenger: Results from scientific experiments to guide messaging and spokespeople, so the most persuasive language is used for each audience. This includes new research on employer-specific messaging, conducted in partnership with the U.S. Chamber of Commerce Foundation. Crystal Son, MPH, Director of Healthcare Analytics at Civis Analytics, also shares examples of counterintuitive findings, tangible advice for any vaccine campaign team, and comparisons to Civis research on other vaccine messaging. • Resource allocation: An interactive vaccine hesitancy map that visualizes which U.S. counties are most likely to need additional intervention to drive up vaccination rates. This map can guide groups that need to determine where to focus education or outreach efforts. • Process: Leveraging best practices from recent 2020 Census outreach campaigns, Civis outlines a five-step process organizations can follow to ensure their vaccine campaign is data-driven and set up for success. "Vaccine uptake is absolutely critical to herd immunity -- which is what we all need to recover from the pandemic," said Son. "Too often, we assume that a one-size-fits-all approach to public health campaigns can work. We continue to see that the language and messengers that work for one group can backfire with another -- so we really need to eliminate our own biases and rely on the data to guide our campaigns. For many of us, this is the most important campaign of our lifetime, and we need to do this right." About Civis Analytics Civis Analytics helps leading public and private sector organizations use data to gain a competitive advantage in how they identify, attract, and engage people. With a blend of proprietary data, technology and advisory services, and an interdisciplinary team of data scientists, developers, and survey science experts, Civis helps organizations stop guessing and start using statistical proof to guide decisions.

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BIG DATA MANAGEMENT

DFIN Acquires Guardum, Strengthening Global Data Privacy and Redaction Capabilities

DFIN | December 14, 2021

Donnelley Financial Solutions , a leading risk and compliance company, today announced it has acquired Guardum, a leading data security and privacy software provider that helps companies locate, secure, and control data. The acquisition strengthens DFIN's software solutions portfolio by making data security a competitive differentiator, enhancing regulatory compliance, safeguarding privacy, and improving data accuracy. Guardum helps to solve one of the most pressing data problems companies face today: quickly locating personal information — in many languages — among vast stores of corporate data, implementing an agile workflow across data governance and GRC, and redacting that information either temporarily or permanently. A Powerful Combination One of Guardum's strengths is its ability to examine semi-structured and unstructured data in native document format — eliminating the need to convert files. This is extremely useful during the due diligence phase of an acquisition. DFIN's Venue virtual data room, with Guardum's privacy tools, allows companies to meet global deal regulations and confidentially accelerate transactions by safeguarding critical documents and market sensitive information, tax data, employee personal data, and more. In addition, regulations and guidelines involving personal data are becoming more stringent. The California Consumer Privacy Act (CCPA) and General Data Protection Regulations ((EU) 2016/679 GDPR) are two examples of government regulations that have increased the burden on many companies. As global regulators continue to create and modify data compliance rules, the need for data security will only increase. "DFIN's industry-leading software solutions address the most challenging regulatory and compliance issues that companies face," said Craig Clay, president of Global Capital Markets at DFIN. "Incorporating Guardum's data security and public information technology into our platform creates privacy intelligence by identifying and protecting our clients' sensitive data, automating time-consuming processes, and reducing the risk of exposing sensitive data to comply with the growing number of privacy regulations in an ever-changing digital world." "DFIN has a stellar reputation for providing the highest quality software solutions that help companies tackle their risk and compliance needs. Working together, we will develop software solutions that will help lower overall compliance spending and significantly mitigate risk for organizations throughout the globe." Rob Westmacott, co-founder at Guardum Eliminating the need for manual review processes allows executives to focus on higher priority aspects of any transaction. Businesses can now benefit from the following: Speed and Efficiency: Up to 93 percent faster in helping to find and redact data (versus manual) Cost Reduction: Improved operational compliance, process, and efficiencies Scale: Eases the burden on Information Technology departments since the technology is highly scalable, easy to use, and integrates with other applications Enhanced Security: Enhanced overall security extending beyond general-purpose discovery or classification tools These capabilities and benefits are a top priority for executives responsible for mergers and acquisitions; data protection officers; and compliance and legal experts; as well as human resources; security; and environmental, social, and governance (ESG) teams. About Donnelley Financial Solutions (DFIN) DFIN is a leading global risk and compliance solutions company. We provide domain expertise, enterprise software and data analytics for every stage of our clients' business and investment lifecycles. Markets fluctuate, regulations evolve, technology advances, and through it all, DFIN delivers confidence with the right solutions in moments that matter.

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BIG DATA MANAGEMENT

Prefect and Snowflake Partner to Bring Dataflow Automation to the Enterprise

Prefect | April 29, 2022

Prefect Technologies, Inc., the company behind the open-source data workflow automation platform Prefect, today announced a partnership with Snowflake, the Data Cloud company. Prefect enables Snowflake customers to automatically populate, extract, and analyze data on top of Snowflake more easily and reliably for faster time to insight. Prefect's dataflow automation platform enables data teams to build, run, and monitor data pipelines so they can develop pipelines faster, reduce failures, and increase confidence in their data. As part of the partnership, Prefect has enhanced its integration with Snowflake to leverage the latest APIs and offer enterprise authentication functionality for both Prefect 1.0 and Prefect Cloud. Further, there will soon be a dedicated "Collection" of all Snowflake tasks so that data engineers can build and maintain cross-functional Snowflake dataflows more easily. "Data workflow orchestration is a critical component of the modern data stack. We're excited by Prefect's product, community, and vision in this space," said Tarik Dwiek, Head of Technology Alliances at Snowflake. "As partners, we'll be able to bring our joint solution to even more data organizations to build workflows faster and increase visibility into their data pipelines." "Prefect's mission is to eliminate negative engineering – the 'defensive' code that engineers write to handle errors. Our users love Snowflake because it makes data storage and access so easy and seamless. Together with Prefect, we've seen hundreds of organizations reduce negative engineering and increase impact." Jeremiah Lowin, Founder and CEO of Prefect Those companies using Prefect and Snowflake together include Discovery Networks, Pocket, Winc, and TastyTrade. TastyTrade, a subsidiary of IG Group with over 4,000 online trading accounts, uses Prefect to run all of its data operations on top of Snowflake. "Prefect is the glue of our data stack," said TastyTrade's Vice President of Enterprise Data and Analytics, Alex Welch. "Prefect gives us visibility into our critical pipelines that we never had before. And its performance has allowed us to move from daily to continuous updates – enabling more timely and valuable insights." Prefect and Snowflake will continue to work together to support their evolving platforms, including Prefect's next generation dataflow automation platform, Prefect 2.0. ABOUT PREFECT Prefect is a dataflow automation platform for data engineers to build, automatically run, and monitor complex pipelines at any scale. Prefect is used by organizations of all sizes across the globe, and its open-source code base is supported by thousands of community members. Founded in 2018 by Jeremiah Lowin, Prefect raised its Series B in early 2021. Investors include Bessemer Venture Partners and Tiger Global Management.

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Spotlight

The primary purpose of a health information exchange (HIE) organization is to deliver a central source for providers to access real-time clinical profiles for their patients. To do this, HIEs aggregate patient data from all member healthcare organizations’ electronic medical record systems. This data can include admission and visit history, laboratory orders and results, radiology orders, outpatient medication prescriptions, diagnostic and procedure codes, and clinical notes and documents. The accessibility of these clinical profiles is intended to enable higher quality and more cost conscience and effective care. This timely, longitudinal clinical data is the most valuable component of an HIE. It also makes the data set ripe for analysis. These analyses for providers include forecasts, risks, trends, performance measures and benchmarking. HIEs that are able to provide this level of analytic information can facilitate better care coordination and lower population health costs by 10-40% for their members. Strategically, HIEs with advanced analytic capabilities will likely experience better long-term sustainability.

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