BIG DATA MANAGEMENT

Expansion of KPMG Master of Accounting with Data and Analytics Program will strengthen firm's diversity efforts and develop next generation auditors

KPMG | July 01, 2022 | Read time : 3 min

KPMG
KPMG LLP, the U.S. audit, tax and advisory firm, announced it is expanding its KPMG Master of Accounting with Data and Analytics (MADA) Program to drive practical use of the latest analytics technology and meet its vision of making KPMG the employer of choice where underrepresented talent can build thriving careers.

The award-winning, collaborative, first-of-its-kind program prepares students to hit the ground running in today's data age by providing specialized skills for practical use of the latest analytics technology needed in the current data-driven accounting environment.

KPMG is adding seven universities to the MADA program, including Historically Black Colleges and Universities (HBCUs). The firm will provide more than $7 million in scholarship funding over three years to the universities participating in the MADA program to encourage underrepresented individuals to pursue a graduate education.

This expansion aligns with the firm's Accelerate 2025 commitments and is one of several ways KPMG is creating pathways for underrepresented future leaders to build their careers in the profession and with KPMG as an employer of choice. The firm will continue to explore relationships with Hispanic Serving Institutions and Tribal Colleges and Universities, along with other universities to invest in a diverse, sustainable pipeline.

"Expanding the master's program will help close the gap between academic preparation and accounting career readiness," said Scott Flynn, KPMG Vice Chair – Audit. "Importantly, our HBCU-focused investments will support underrepresented individuals and diversify our profession, better enabling us to deliver quality and innovation long-term."

The firm has deepened its relationships with HBCUs. In FY21, hires from HBCUs have increased more than 40% over the previous year. At the end of the 2020-2021 school year, there was a 13% increase in three-year retention rates of professionals from HBCUs and a 19% increase in the five-year retention rate of the firm's HBCU alumni.

The universities newly added to the program are:
  • Alabama State University's Percy J. Vaugh, Jr. College of Business Administration (HBCU)
  • Bentley University's McCallum Graduate School of Business
  • Florida International University College of Business
  • DePaul University Kellstadt Graduate School of Business
  • Howard University School of Business (HBCU)
  • North Carolina Agricultural and Technical State University (HBCU)
  • Prairie View A&M University College of Business (HBCU)

Additionally, the firm plans to continue to collaborate with universities that have been central to the success of the MADA program for the past several years.

"We have more than 300 graduates of our Master of Accounting with Data and Analytics Program who are using their expertise to bring our clients greater insight and productivity in how we ingest and analyze data," said Becky Sproul, Talent and Culture Leader – Audit. "For audit professionals, comfort with both D&A and automation technologies is a core capability that we invest in through our MADA Program."

Since its launch in 2017, the KPMG MADA Program has been a collaborative effort with pioneering business schools across the United States. By continuing the curriculum-focused initiatives, KPMG aims to set the tone for academic innovation and influence the broader academic community to pursue an advanced curriculum that includes D&A and technology.

About KPMG LLP
KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 144 countries and territories and has more than 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

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Project data analytics uses past and current project data to enable effective decisions on project delivery. All projects create data and this can be used to help project managers make choices about current and future projects. Project data analysis is all about being inquisitive and asking questions to find information but we must also interpret data in a meaningful way.


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BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT

Fivetran Recognized For Highest Growth in Data Integration Sector in Gartner® Market Share Analysis Report

Fivetran | September 09, 2022

Fivetran, the global leader in modern data integration, today announced that Gartner has recognized the company for highest growth for Data Integration Sector in its new report, Market Share Analysis: Data Integration Software, Worldwide, 2021.1 The report found Fivetran had the highest growth in 2021. According to the report, “Fivetran grew its revenue 141.2% to reach $83 million in data integration revenue.” This is the highest growth in 2021. “Our single focus at Fivetran is delighting our customers by providing the very best solutions to accelerate data movement and analysis to render accurate business-critical decisions. “We’re proud to see our industry impact acknowledged by Gartner. We believe this recognition further validates our leading market position in modern data integration.” George Fraser, CEO of Fivetran Over the past year, Fivetran has made major advancements in supporting enterprises’ movement and integration of data, which includes the acquisition of HVR, the leader in real-time database replication. In addition, Fivetran introduced Fivetran Business Critical, delivering key security-related features and offering enterprises the highest level of protection for sensitive data. During the same time period, Fivetran increased its customer base by 75 percent. The company continues to achieve high ratings from customers in Gartner Peer Insights, and it was recognized as a 2022 Gartner® Peer Insights™ Customers’ Choice for Data Integration Tools. Fivetran’s position as the global modern data integration leader is bolstered by strong partnerships across the modern data stack. Fivetran works closely with data cloud leaders across the ecosystem to offer integrations for customers, including with Google Cloud, Databricks and Snowflake. In 2022, Fivetran was awarded the Google Cloud Global Technology Partner of the Year for its achievements helping joint customers easily move data into BigQuery. In addition, Snowflake named Fivetran its Data Integration Partner of the Year and Databricks awarded the company its Data Ingestion Partner of the Year for 2022. Fivetran has also been recognized by Gartner in the Magic Quadrant™ for Data Integration Tools2 for the third year in a row. The evaluation was based on specific criteria that analyzed the company’s product features, overall execution, and customer experience. Fivetran was recognized based on its Ability to Execute and Completeness of Vision. Thousands of global brands and large enterprises rely on Fivetran to help them make critical business decisions. Its customer roster includes leading companies across retail, financial services, and software such as: Conagra Brands, Coke One North America, Condé Nast, Databricks, JetBlue, Pitney Bowes, Saks and Square. In addition to its impressive business growth, Fivetran is consistently lauded for its strong company culture. 2022 workplace accolades include Best Companies for Millennials and Best Workplaces in the Bay Area by Great Place to Work and Fortune; Built In 2022 100 Best Places to Work in the Bay Area and Colorado and Comparably Awards for Best Leadership Teams, Best Companies for Career Growth, Best Global Culture and more. Gartner Peer Insights ‘Voice of the Customer’: Data Integration Tools, Peer Contributors, 28th January 2022 GARTNER and Magic Quadrant are registered trademark and service mark, and PEER INSIGHTS is a trademark and service mark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Fivetran Fivetran is the new standard in cloud data movement. Our mission is to make access to data as simple and reliable as electricity. Built for the cloud, Fivetran enables data teams to effortlessly centralize and transform data from hundreds of SaaS and on-prem data sources into high-performance cloud destinations. Fast-moving startups to the world’s largest companies use Fivetran to accelerate modern analytics and operational efficiency, fueling data-driven business growth. Fivetran is headquartered in Oakland, California, with offices around the world.

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BIG DATA MANAGEMENT

Katipult Launches Enterprise-Grade Data Integration Capabilities to its DealFlow Platform

Katipult | July 06, 2022

Katipult Technology Corp. , a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, announced today that its private placements platform, DealFlow, has been upgraded with the addition of a new enterprise-grade data integration module – DealFlow: DataHub. This module enables users to securely link their backend systems with the DealFlow platform, allowing them to directly populate subscription documents with the latest information from their systems of record. "We're very excited to announce the launch of the DealFlow: DataHub module. Our experience working with investment banks and broker dealers showed us that being able to seamlessly interface with their legacy systems of record is critical for helping them accelerate the pace of digital transformation. DealFlow:DataHub further amplifies the efficiency-boosting capabilities of DealFlow by removing yet another manual step in the private placements process. Not only is scalability improved, but there are also positive knock-on effects on compliance as data integrity and continuity are preserved." Gord Breese, Katipult CEO DealFlow:'s DataHub extracts large volumes of data from the commonly used systems of record in the industry, such as ISM or Dataphile. The data is then streamlined and used to populate the intelligent digital subscription documents that are core to the DealFlow platform. With the addition of DealFlow: DataHub, customers will no longer need to manually input or update the data that will populate the subscription documents. Further, DataHub will also enable single sign-on to the DealFlow platform, allowing users to sign on with their standard enterprise credentials. Katipult's goal with DealFlow is to help institutions unlock the full potential of private placements by streamlining as many processes as possible. DealFlow: DataHub represents yet another step forward in that direction. About Katipult Katipult is a provider of industry leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. Our cloud-based platform and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors, and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model, and localization requirements.

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BUSINESS INTELLIGENCE,BIG DATA MANAGEMENT,DATA SCIENCE

Risk Africa Innovatis Picks InetSoft as a Partner in Spreading Business Intelligence

InetSoft | August 30, 2022

InetSoft Technology, a pioneer in data intelligence, analytics, and reporting, announced that it is partnering with Risk Africa Innovatis to spread business intelligence in East Africa and beyond. Risk Africa Innovatis uses technology solutions to provide intelligence to decision makers and management of institutions across different sectors close to real time while providing expertise in state-of-the-art predictive risk advisory and management techniques. The company developed RiskAfrica.IRPMIS & CountyGo.IRPMIS, an integrated risk and performance management solution for both public and private sectors. Specialized modules are available for operational risk management, quality management, project management, fraud risk, information security risk, performance management and risk-based internal audit. Risk Africa Innovatis has a vision of turning CEOs and decision makers into pilots and creating a cockpit for them. “As we dug deep in the delivery of technology solutions for real-time intelligence, we realized the power of big data analytics and how it drives solutions that mitigate against the most critical uncertainties affecting an organization’s objectives,” states Gilbert Mwalili, Executive Director of Risk Africa Innovatis. Risk Africa Innovatis chose InetSoft from a crowded field of potential BI partners because of its range of functionalities, most notably a powerful data mashup engine that enables fast and flexible transformation of data from disparate sources enabling close to real-time delivery of our intelligence technology solutions. Comprehensive documentation was found to aid ease of use. Risk Africa Innovatis also observed the fact that there was no need to be an expert in coding or programming to design and use interactive dashboards and analytics. Lastly, during the evaluation phase, the InetSoft technical team was found to always be available to provide guidance for complex scenarios. “By offering InetSoft’s Style Intelligence, Style Scope, and Style Report, we have solutions for the African market that is yet to embrace the power of data at its disposal, and the cockpit dream is an inch closer to actualization,” continued Mr. Mwalili. “From data sourcing, to analysis, visual intelligence and reporting, our partnership is poised to link Africa with the rest of the world. Unchaining the African potential of being the future business frontier builds our agenda of innovating and driving data-driven decision making with InetSoft BI.” “In Risk Africa Innovatis, we have found a progressive, aggressive partner in enabling successful deployments of our data intelligence solutions in East Africa and beyond. “We will continue to be their agile partner with an engineering team always accessible to ensure mutual success.” Mark Flaherty, CMO at InetSoft About Risk Africa Innovatis Risk Africa Innovatis is a Kenyan-owned technology-based management advisory service provider with a pool of professionals in various fields of expertise and experience gained locally and internationally. The company’s focus is to use technology solutions to provide intelligence to decision makers and management of institutions across different sectors while providing expertise in state-of-the-art risk advisory and management techniques. About InetSoft Since 1996, InetSoft has been delivering easy, agile, and robust business intelligence software that makes it possible for organizations and solution providers of all sizes to deploy or embed full-featured business intelligence solutions. At the core of the platform is a data mashup and transformation engine that can preclude the need for data warehouse and data preparation expenses. Application highlights include visually-compelling interactive dashboards, pixel-perfect production reporting, and machine learning functionality accessible to non-data scientists. All of these capabilities combine to allow a maximum degree of self-service that benefits the average business user, the IT administrator, and the developer. InetSoft’s solutions have been deployed at over 5,000 organizations worldwide, including 25% of Fortune 500 companies, spanning all types of industries.

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BIG DATA MANAGEMENT

integrate.ai Announces Availability of New Platform for Collaborative Machine Learning and Analytics Across Sensitive Data

integrate.ai | August 18, 2022

integrate.ai, a SaaS company helping developers solve the world’s most important problems without risking sensitive data, today announces the availability of its privacy-preserving machine learning and analytics platform. The platform leverages federated learning and differential privacy technologies to unlock a range of machine learning and analytics capabilities on data that would otherwise be difficult or impossible to access due to privacy, confidentiality, or technical hurdles. Traditional approaches to machine learning and analytics require centralization and aggregation of data sources, often necessitating data-sharing agreements and supporting infrastructure. This can present an insurmountable roadblock for the world’s most important data-driven problems, particularly in the healthcare, industrial, and finance sectors, where data custodians must enforce the highest privacy and security standards to ensure regulatory and contractual compliance. With integrate.ai’s solution, collaboration barriers can be broken as data does not need to move. It allows data to stay distributed in its original protected environments, while unlocking its value with privacy-protective machine learning and analytics. Operations such as model training and analytics are performed locally, and only end-results are aggregated in a secure and confidential manner. “When data can be securely accessed and collaborated upon, we unlock boundless opportunities for life-saving research and innovation. By allowing organizations to work in a federated way, our platform helps reduce cost structure, accelerate progress against product roadmaps and capture new revenue opportunities—all with more speed and flexibility than any other solution on the market. “Business and technology leaders alike increasingly recognize the global shift towards a more distributed paradigm. After serving at the forefront of this shift over the past five years, this platform will continue to grow into a product suite of easy-to-use tools for developers addressing humanity’s greatest challenges.” Steve Irvine, founder and CEO of integrate.ai integrate.ai is packaged as a developer tool, enabling developers to seamlessly integrate these capabilities into almost any solution with an easy-to-use software development kit (SDK) and supporting cloud service for end-to-end management. Once integrated, end-users can collaborate across sensitive data sets while data custodians retain full control. Solutions incorporating integrate.ai can serve as both effective experimentation tools and production-ready services. DNAstack, a company that offers software for scientists to more efficiently find, access, and analyze the world’s exponentially growing volumes of genomic and biomedical data, is using integrate.ai’s product platform to support federated learning in their work in autism. DNAstack leads the Autism Sharing Initiative, an international collaboration to create the largest federated network of autism data, empowering better genetic insights and accelerating precision healthcare approaches. “Autism is complex and research has shown the value of connecting massive datasets to drive critical insights. Genetic and health datasets are large, sensitive, and globally distributed, making it impossible to bring them all together in one place,” said Marc Fiume, co-founder and CEO of DNAstack. “Federated learning will empower us to ask new questions about autism across global networks while preserving privacy of research participants.” In the heavily regulated worlds of healthcare, financial services, and manufacturing, roadblocks to collaborating with sensitive data abound – from existing and proposed privacy regulations and intellectual property (IP) concerns to the high cost of centralizing massive datasets. Data science initiatives often fail or never start in the areas where their impact could be most life changing, such as early cancer diagnoses and detections of fraud, underscoring the considerable need for privacy-preserving data analytics solutions. Armed with experience serving enterprises across six industries and the construction of its own data network, which leveraged 20B interactions between businesses and people, integrate.ai enables safe access to sensitive data with developer tools for privacy-safe machine learning and analytics. About integrate.ai integrate.ai is a SaaS company democratizing access to privacy-enhancing technology to help developers solve the world’s most important problems without risking sensitive data. By breaking down collaboration barriers within and between organizations, integrate.ai empowers developers and data teams with the privacy-preserving tools they need to harness collective intelligence. Armed with experience serving enterprises across six industries and the building of its own data network, which leveraged 20B interactions between businesses and people, integrate.ai’s product platform is increasing quality data access in healthcare research, financial services, industrial IoT and manufacturing, process automation, advertising, marketing and more.

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Spotlight

Project data analytics uses past and current project data to enable effective decisions on project delivery. All projects create data and this can be used to help project managers make choices about current and future projects. Project data analysis is all about being inquisitive and asking questions to find information but we must also interpret data in a meaningful way.

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