BIG DATA MANAGEMENT
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.
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.
BIG DATA MANAGEMENT
EXL | December 21, 2021
EXL , a global analytics and digital solutions leader, today announced its acquisition of Clairvoyant, a global data, AI, and cloud services firm. The acquisition strengthens EXL’s capabilities by adding additional expertise in data engineering and cloud enablement, further supporting its clients in insurance, healthcare, banking and financial services, and retail.
With the acquisition, Clairvoyant will become part of EXL’s fast-growing analytics business, which helps clients make sense of data to drive better decision-making across the enterprise and rapidly adapt business strategies in response to market changes. The addition of Clairvoyant’s talent and capabilities in data engineering, AI/ML operations and cloud will accelerate EXL’s data-driven strategy, expanding critical cloud operations capabilities to help our clients drive large-scale digital transformation projects and generate faster value from modern cloud-based data and analytic platforms.
“Data has become the lifeblood of every industry as businesses confront volatile swings in the economy, changes in consumer preferences and the need to continually adapt to new technology. Clairvoyant has established itself as a leader in data and cloud engineering, bringing many of the key structural components we need to expand our offerings and help our clients harness the power of data to enable better and faster decision making.”
Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer
Founded in 2012, Clairvoyant has consistently been named among the fastest growing and most innovative privately held companies in the U.S. Headquartered in Phoenix, AZ, with multiple offices throughout North America and India, the company employs more than 550 people globally and serves marquee clients in the financial services, retail, healthcare, and tech industries.
“The need to quickly aggregate and interpret data has grown exponentially across industries in recent years,” said Vivek Jetley, Executive Vice President and Global Head of Analytics at EXL. “As our clients look to leverage the power of analytics for business advantage, they need to modernize their data capabilities to keep pace. Having worked closely with Clairvoyant, we believe that the combination of our domain expertise, data management and analytics capabilities and their industry-leading data and cloud engineering services will help clients increase agility and speed to value and set the stage for breakthrough solutions.”
"We are thrilled to join forces with EXL. We share a culture of fearless innovation and a relentless commitment to helping our clients overcome some of their biggest challenges,” said Chandra Ambadipudi, Co-Founder and Chief Executive Officer at Clairvoyant. "By integrating our capabilities with EXL’s broad reach and expertise, we will be able to add value across a much wider range of clients and unlock exciting new growth opportunities along the way."
The transaction was completed in the fourth quarter of 2021. Clairvoyant is expected to be accretive to 2022 adjusted diluted EPS and will be reported in our Analytics segment.
EXL is a global analytics and digital solutions company that partners with clients to improve business outcomes and unlock growth. Bringing together deep domain expertise with robust data, powerful analytics, cloud, and AI, we create agile, scalable solutions and execute complex operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media, and retail, among others. Focused on driving faster decision-making and transforming operating models, EXL was founded on the core values of innovation, collaboration, excellence, integrity and respect. Headquartered in New York, our team is over 34,000 strong, with more than 50 offices spanning six continents.
Clairvoyant is a global technology consulting and services leader that helps organizations in their business transformation by maximizing the value of data through actionable insights. The company provides data engineering, analytics, machine learning, product engineering, and cloud-based solutions to some of the world's largest brands. Founded in 2012, Clairvoyant is headquartered in Phoenix, AZ, with offices in the U.S., Canada, and India.
Lumenore | March 31, 2022
Lumenore, which develops and markets fully integrated cloud-based business intelligence and advanced analytics solutions, introduced today a new version of its AI-driven recommendations and conversational analytics platform. Lumenore’s highly secure self-service data infrastructure delivers an enterprise data universe and organizational intelligence and dramatically simplifies decision making at all levels of the organization.
Lumenore’s platform provides seamless data acquisition, improved accessibility, and a powerful architecture for unparalleled performance. It features text and voice-based insight, utilizing natural language querying with Ask Me and automated data discovery with Do You Know to provide faster and easier access to actionable business recommendations from data.
Lumenore also announced the availability of 100 new data connectors—bringing the total to more than 150—that provide fast and seamless connectivity to leading CRM applications such as Excel, QuickBooks, Salesforce Insights and Shopify and immediately help organizations visualize metrics that matter most to a business, bridging the gap between data and decisions.
Donald Farmer Joins Lumenore as Strategic Advisor
Lumenore also announced that Donald Farmer, former Microsoft and Qlik executive and globally recognized as a visionary product leader, sought after speaker and author, has joined Lumenore as a strategic advisor. “We all know too well that the volume of data in business is almost overwhelming. But data without analysis is a wasted asset - and analysis without action is a wasted effort,” said Farmer. “We need to bridge the gap between data and decisions and it’s not enough to have a few smart analysts or data scientists."
“Lumenore has built a platform for organizational intelligence developed from a deep understanding of enterprise needs,” added Farmer. “I am impressed that their natural language capabilities are not just for cute demos but enable widespread data literacy and engagement. Similarly, their data discovery and augmented analytics features are genuinely self-service, but still built over a robust and secure data universe. It’s an impressive approach for enterprises who have struggled with the inflexibility of reporting and the risks of ungoverned self-service,” Farmer said.
“We are honored that Donald has joined Lumenore and will be advising us in our product development and go-to-market strategies,” said Anurag Shrivastava, Lumenore Founder and CEO. “The pandemic has sped up digital transformation across industries and sectors which means that we now have even more data than anticipated, and it has made consumer behavior harder to predict. The solution is not to build more dashboards, because dashboards are focused on an individual viewer, but instead empower organizational intelligence and new forms of organizational decision making, which are distributed and collaborative,” Shrivastava said. “Lumenore delivers a seamless experience to the entire team which helps them to derive insights from raw data and have a transparent view of its operations.”
Lumenore develops and markets advanced analytics and business intelligence solutions delivered through an intuitive, AI-powered platform. Lumenore’s solutions enable organizations to build their entire data universe as well as automate and optimize organizational decision-making. Lumenore utilizes a common dataset to feed its powerful platform to visualize, analyze, actionize, as well as monetize business operations.
BIG DATA MANAGEMENT
Sesame Software | February 25, 2022
Sesame Software, the innovative leader in Enterprise Data Management and creator of Relational Junction, today announced its Lakehouse Platform, providing simplified data architecture by eliminating the data silos that traditionally separate analytics and data science.
The Relational Junction Lakehouse Platform combines the best elements of data lakes and data warehouses — delivering data management and performance typically found in data warehouses with the low-cost, flexible object stores offered by data lakes.
"A streamlined method to access data is difficult to achieve with a separate cloud data warehouse and data lake." - says Rick Banister, founder, and CEO of Sesame Software. "A data lakehouse offers the best of both worlds – by replacing data silos with a single home for structured, semi-structured, and unstructured data, Relational Junction provides a solid and scalable Lakehouse foundation."
Relational Junction Key Benefits:
Provides performance and governance required to support all types of data workloads
Hyper-threaded technology delivers massive scale and speed
Runs operations on one simplified architecture, avoiding complex, redundant systems
Supports advanced analytics, and lower total cost of ownership
Relational Junction: The Lakehouse Foundation
Relational Junction delivers reliability, security, and scalability on your data lake, making it the top data ingest platform to handle vast amounts of data from a wide variety of SaaS applications and databases. With plug-in architecture, new data sources can be added with configuration-only deployment. The platform's scalable architecture continuously evolves with organization-spanning data needs, allowing users easy access to their data and the ability to use how they see fit.
Request a demo to learn more about Relational Junction Junction's Data Lakehouse Platform.
About Sesame Software
Sesame Software is the Enterprise Data Management leader, delivering data rapidly for enhanced reporting and analytics. Sesame Software's patented Relational Junction data platform offers superior solutions for data warehousing, integration, backup, and compliance to fit your business needs. Quickly connect to SaaS, on-premise, and cloud applications for accelerated insights.