BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

Pico expands flagship monitoring platform into the cloud with the launch of Corvil Cloud Analytics

Pico | December 07, 2022 | Read time : 03:00 min

Pico expands flagship monitoring platform
Pico, a leading provider of mission-critical technology services, software, data and analytics for the financial markets community, has expanded the reach and visibility of industry leading Corvil Analytics into the cloud with the launch of Corvil Cloud Analytics.

Pico’s Corvil Analytics has a 20-plus year legacy across financial services in extracting and correlating technology and transaction performance intelligence from global dynamic network environments. Corvil’s high throughput, lossless, granularly time-stamped data capture provides an incredibly rich data source that can be used for broader analytics and use cases, including trade analytics. Corvil is available across multiple environments including colocation and on-prem, and now those same attributes that make Corvil Analytics an industry leader are available in the cloud with Corvil Cloud Analytics.

“As companies look to move real-time applications to the cloud, they struggle with visibility when utilizing existing cloud monitoring solutions. “There is a need for deeper visibility to fill those voids, and Corvil Cloud Analytics is the solution, providing market-leading analytics for applications running in the cloud. Corvil Cloud Analytics provides our clients with the real-time analytics required to migrate their most critical workloads to the cloud, with confidence.”

Stacie Swanstrom, Chief Product Officer at Pico

Highlights of Corvil Cloud Analytics include:

  • Maximum Visibility: Measures every order, every market data tick and every packet to fill the missing gap of visibility needed to manage real-time performance in public cloud environments
  • Granular Instrumentation: Provides per-packet and per-application message analytics alongside Corvil’s AppAgent to instrument internal application performance
  • Corvil Analytics: Provides all functions of Corvil Analytics including network congestion analytics for public cloud infrastructure, and per-hop trading and market data analytics for cloud-hosted deployments
  • Flexibility: Pay for only what is needed in the public cloud

Corvil Analytics is currently used by the world’s largest banks, exchanges, electronic market makers, quantitative hedge funds, data service providers and brokers. With the launch of Corvil Cloud Analytics, and as exchanges partner with the major cloud providers to bring trading into the cloud, Corvil can now provide a single pane of glass for monitoring colocation, on-prem and cloud environments together.

“We had the vision to provide clients the same technology, visibility and rich analytics they’ve come to rely on through Corvil,” Swanstrom said. “Since Corvil Cloud Analytics is software only, this accelerates our deployments and also provides an expedited avenue for proof-of-concept use cases. It’s now easier than ever for clients to access the platform so they can see firsthand what makes Corvil an industry leader in data analytics.”

Corvil Cloud Analytics provides the highly granular, real-time Corvil visibility required to understand the cause of variable performance that continues to impact real-time applications running in the public cloud. With cloud applications, there is no hardware CapEx costs, lead times, or shipping and installation challenges. Corvil Cloud Analytics is simple to scale, easy to deploy and can be up and running in hours instead of weeks. Corvil’s industry leading visibility and intelligence is now available for businesses wanting the competitive edge in the cloud.

About Pico
Pico is a leading provider of technology services for the financial markets community. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet™, a globally comprehensive network platform instrumented natively with Corvil to generate analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.

Spotlight

Learn basic data and statistical techniques for investment analysis, including presenting the “data story” with best-practice visualizations and report writing. Develop a basic understanding of machine learning techniques and how they are used in the investment process, covering both the technical and “soft skills” required in today’s industry.


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BIG DATA MANAGEMENT, BUSINESS STRATEGY, DATA SCIENCE

MiniTool Rolled out Power Data Recovery 11.4: New Search Box Added

MiniTool Software Limited | December 20, 2022

MiniTool Software Limited has released the new MiniTool Power Data Recovery 11.4, professional data recovery software for Windows. In this new update, MiniTool Software added a new Search box in the scan results interface, improved the disk scanning speed, and fixed the bug that the status displayed is incorrect when selecting files. Added a New Search Box in the Scan Results Interface One big change in MiniTool Power Data Recovery 11.4 is that there is a brand-new search box in the scan results interface. This new search box is located on the top-right side of the scan results interface and it is available when the scanning process ends completely. Usually, a lot of files will appear in the scan results interface after scanning the specified drive or disk. However, finding the needed files from the displayed paths take a lot of effort. To save time, users can enter a file name into the search box to directly locate the target file. Be aware that any extra or missing space in the filename can affect search results. MiniTool Power Data Recovery 11.4 will show a No Result Found prompt if no related file is found. By viewing the upgrade history of MiniTool Power Data Recovery, we can find that MiniTool has been devoted to updating this software interface for a year. Now, this software has been completely revamped, giving users a more flexible user experience. Fixed the Bug that the Status Displayed Is Incorrect when Selecting Files In the scan result interface, the file check box has three states: unselected, all selected, and partially selected. In the previous version of MiniTool Power Data Recovery, a partial selection might appear as a full selection. MiniTool Software has noted this issue and fixed it in MiniTool Power Data Recovery V11.4. This issue will not confuse users anymore. Improved the Disk Scanning Speed to Quickly Find Needed Files Scanning the selected drive or disk takes time. The larger the disk and the more files it has, the longer it will take for MiniTool Power Data Recovery to finish the whole scan. MiniTool Software keeps continuously improving the disk scanning speed and has made big progress in this new update. About MiniTool Power Data Recovery MiniTool Power Data Recovery is a dedicated file recovery tool that can work on all versions of Windows including the latest Windows 11. It can recover lost or deleted files like images, videos, music files, documents, emails, and more from different types of data storage devices. This MiniTool data recovery software can rescue files even when the hard drive is inaccessible, the system crashes, or the files get lost due to a virus attack. About MiniTool Software MiniTool Software Limited is a professional software research and development company, which has more than 10-year history and millions of users all over the world. It devotes itself to the development of data care software like MiniTool Power Data Recovery, MiniTool Partition Wizard, and MiniTool ShadowMaker.

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DATA VISUALIZATION

Opaque Systems, Pioneer in Confidential Computing, Unveils the First Multi-Party Confidential AI and Analytics Platform

Opaque Systems | December 08, 2022

Opaque Systems, the pioneers of secure multi-party analytics and AI for Confidential Computing, today announced the latest advancements in Confidential AI and Analytics with the unveiling of its platform. The Opaque platform, built to unlock use cases in Confidential Computing, is created by the inventors of the popular MC2 open source project which was conceived in the RISELab at UC Berkeley. The Opaque Platform uniquely enables data scientists within and across organizations to securely share data and perform collaborative analytics directly on encrypted data protected by Trusted Execution Environments (TEEs). The platform further accelerates Confidential Computing use cases by enabling data scientists to leverage their existing SQL and Python skills to run analytics and machine learning while working with confidential data, overcoming the data analytics challenges inherent in TEEs due to their strict protection of how data is accessed and used. The Opaque platform advancements come on the heels of Opaque announcing its $22M Series A funding, Confidential Computing – projected to be a $54B market by 2026 by the Everest Group – provides a solution using TEEs or 'enclaves' that encrypt data during computation, isolating it from access, exposure and threats. However, TEEs have historically been challenging for data scientists due to the restricted access to data, lack of tools that enable data sharing and collaborative analytics, and the highly specialized skills needed to work with data encrypted in TEEs. The Opaque Platform overcomes these challenges by providing the first multi-party confidential analytics and AI solution that makes it possible to run frictionless analytics on encrypted data within TEEs, enable secure data sharing, and for the first time, enable multiple parties to perform collaborative analytics while ensuring each party only has access to the data they own. "Traditional approaches for protecting data and managing data privacy leave data exposed and at risk when being processed by applications, analytics, and machine learning (ML) models, The Opaque Confidential AI and Analytics Platform solves this challenge by enabling data scientists and analysts to perform scalable, secure analytics and machine learning directly on encrypted data within enclaves to unlock Confidential Computing use cases." -Rishabh Poddar, Co-founder & CEO, Opaque Systems. Strict privacy regulations result in sensitive data being difficult to access and analyze, said a Data Science Leader at a top US bank. New multi-party secure analytics and computational capabilities and Privacy Enhancing Technology from Opaque Systems will significantly improve the accuracy of AI/ML/NLP models and speed insights. The Opaque Confidential AI and Analytics Platform is designed to specifically ensure that both code and data within enclaves are inaccessible to other users or processes that are collocated on the system. Organizations can encrypt their confidential data on-premises, accelerate the transition of sensitive workloads to enclaves in Confidential Computing Clouds, and analyze encrypted data while ensuring it is never unencrypted during the lifecycle of the computation. Key capabilities and advancements include: Secure, Multi-Party Collaborative Analytics – Multiple data owners can pool their encrypted data together in the cloud, and jointly analyze the collective data without compromising confidentiality. Policy enforcement capabilities ensure the data owned by each party is never exposed to other data owners. Secure Data Sharing and Data Privacy – Teams across departments and across organizations can securely share data protected in TEEs while adhering to regulatory and compliance policies. Use cases requiring confidential data sharing include financial crime, drug research, ad targeting monetization and more. Data Protection Throughout the Lifecycle – Protects all sensitive data, including PII and SHI data, using advanced encryption and secure hardware enclave technology, throughout the lifecycle of computation—from data upload, to analytics and insights. Multi-tiered Security, Policy Enforcement, and Governance – Leverages multiple layers of security, including Intel® Software Guard Extensions, secure enclaves, advanced cryptography and policy enforcement to provide defense in depth, ensuring code integrity, data, and side-channel attack protection. Scalability and Orchestration of Enclave Clusters – Provides distributed confidential data processing across managed TEE clusters and automates orchestration of clusters overcoming performance and scaling challenges and supports secure inter-enclave communication. Confidential Computing is supported by all major cloud vendors including Microsoft Azure, Google Cloud and Amazon Web Services and major chip manufacturers including Intel and AMD. About Opaque Systems: Commercializing the open source MC2 technology invented at UC Berkeley by its founders, Opaque System provides the first collaborative analytics and AI platform for Confidential Computing. Opaque uniquely enables data to be securely shared and analyzed by multiple parties while maintaining complete confidentiality and protecting data end-to-end. The Opaque Platform leverages a novel combination of two key technologies layered on top of state-of-the-art cloud security—secure hardware enclaves and cryptographic fortification. This combination ensures that the overall computation is secure, fast, and scalable. The MC2 technology and Opaque innovation has already been adopted by several organizations, such as Ant Group, IBM, Scotiabank, and Ericsson.

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BIG DATA MANAGEMENT, BUSINESS STRATEGY, DATA SCIENCE

WNS Acquires Two Firms to Enhance Digital Analytics and Procurement Capabilities

WNS | December 19, 2022

WNS Limited, a leading provider of global Business Process Management (BPM) solutions, today announced it has acquired The Smart Cube, a leader in platform-driven research and analytics (R&A) focused on procurement and supply chain, and OptiBuy, a leading European provider of procurement platform consulting and implementation solutions. These assets are complementary to WNS’ existing offerings and strengthen the company’s capabilities in both high-end procurement and advanced analytics. The Smart Cube Founded in 2003 and headquartered in London, UK, The Smart Cube provides digitally-led market intelligence and analytics solutions. The company’s offerings span four key areas including procurement and supply chain, commercial sales and marketing, digital and analytics, and strategy and investment research. The Smart Cube leverages their proprietary digital AI knowledge management platform called “Amplifi Pro” to help clients drive improved procurement and market intelligence and insight-based decision making. They also bring strong front-end advisory capabilities and a large European footprint to the WNS portfolio. The company has over 800 global employees including a seasoned leadership team with CXO-level relationships, and more than 600 talented R&A specialists with approximately 2/3 holding a Master’s degree. The acquisition of The Smart Cube was completed today. Consideration for the transaction is $125.0 million including up-front payment and expected earn-outs, and excludes adjustments for cash, debt, and working capital. Based on The Smart Cube’s revenue generated in calendar 2022, the acquisition is expected to add approximately $9 million to WNS’ net revenue in fiscal 2023, and to be dilutive by $0.01 to WNS’ fiscal 2023 adjusted diluted earnings per share. "The Smart Cube is proud to become part of WNS, an industry leader in global Business Process Management. Both of our firms share a common philosophy of partnering and growing with clients, and believe our businesses continue to have huge growth opportunities ahead. “Over the last 20 years, we have built a strong business based on delivering value for our clients leveraging our unique AI+HI (artificial intelligence + human intelligence) methodology. We are delighted to now join WNS in the next phase of our growth journey.” Gautam Singh, Founder and CEO of The Smart Cube OptiBuy Founded in 2010 and headquartered in Warsaw, Poland, OptiBuy is a leading European provider of procurement platform consulting and implementation solutions. The company helps clients leverage the capabilities of leading 3rd party procurement and supply chain platforms including Ivalua, Jaggaer, and O9, and complements WNS’ existing offerings with platforms such as Coupa and Ariba. 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The Smart Cube and OptiBuy bring experienced leadership teams, highly specialized resources, and differentiated technology offerings to the WNS portfolio. These companies also have blue-chip customer bases with extensive cross-selling opportunities, and proven track records of delivering strong top line growth, healthy margins, and high levels of customer satisfaction. We believe that The Smart Cube and OptiBuy will significantly enhance our WNS-Denali (procurement) and WNS-Triange (analytics) solutions, and help accelerate our positioning and growth in these strategic areas. On behalf of myself and the entire WNS team, we are excited to welcome the talented teams of The Smart Cube and OptiBuy to the WNS family,” said Keshav R. Murugesh, WNS’ Chief Executive Officer. About WNS WNS Limited is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of September 30, 2022, WNS had 57,503 professionals across 60 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States.

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BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT

EY announces alliance with Alteryx to help accelerate digital transformation through analytics automation

EY | November 28, 2022

The EY organization today announces an alliance between Alteryx, one of the leaders in analytics automation, and Ernst & Young LLP (EY US), to help organizations unlock the power of data through automation and digital transformation. Most organizations face inefficiencies and increased costs when carrying out day-to-day business and back-office operations. As they undergo digital transformation efforts, they tend to devote more time to data manipulation than to data analysis. As a result, revisiting and updating their existing technologies to improve data literacy throughout the organization becomes critical to achieve their transformation goals. The EY–Alteryx Alliance will help clients across various sectors optimize data-driven processes by generating valuable insights to deliver faster, better business outcomes to achieve efficiency in business operations. The alliance leverages the highly intuitive and easy-to-learn data analytics automation platform of Alteryx along with the EY organization's digital transformation capabilities across Strategy and Transactions, Consulting and Tax. The Alteryx platform combines three key pillars of automation and digital transformation — data, processes and people — to help enable data democratization, business process automation and people upskilling. Users are then better able to unlock the value of advanced analytics using its user-friendly platform, analyze a wide range of data from multiple sources and deliver business insights to answer business questions more efficiently. Among other strengths, EY US is well-known among clients and in the market for its consulting capabilities. With more than 700 certified implementers of Alteryx across service lines and countries, EY US teams have built innovative, proprietary solutions that are supported by Alteryx. Through the EY–Alteryx Alliance, clients gain access to and counsel from the right technology and consulting talent for data exploration, transformation and analysis. Brian May, EY Americas Alliance and Managed Services Leader, says: "This collaboration combines advanced technology and consulting capabilities for data exploration and analysis across key functional areas including tax, finance, human resources, supply chain, internal audit and IT. Activating and accelerating rapid digital transformation is paramount in helping organizations efficiently navigate today's evolving business landscape." Barb Huelskamp, Alteryx SVP of Channel Sales, says: "By aligning the EY organization's rich heritage of experience with the Alteryx analytics automation platform, we provide incremental value for key customer segments across the office of finance, human resources, supply chain and more. Our shared objective helps organizations optimize analytics to help drive large-scale business transformations." About EY EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

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Spotlight

Learn basic data and statistical techniques for investment analysis, including presenting the “data story” with best-practice visualizations and report writing. Develop a basic understanding of machine learning techniques and how they are used in the investment process, covering both the technical and “soft skills” required in today’s industry.

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