SOFTWARE

Francisco Partners Announces the Merger of TradingScreen and Imagine Software to Create a Leading Trading and Investment Management Software Platform

Francisco Partners | May 04, 2021

Francisco Partners, a leading worldwide investment firm that has practical experience in partnering with technology organizations, declared today the mix of TradingScreen, a supplier of trading execution and request the board software, and Imagine Software, an ongoing risk and consistence software stage. The joined organization, TS Imagine, will be a powerful start to finish trading and portfolio the board software stage for associating the investment the executives business with an organization of brokers, banks, and exchanges.

The mix makes quite possibly the most hearty SaaS cloud-based software stages in capital business sectors and investment the executives, bringing incorporated and complete front-office solutions, reciprocal item capacities, top tier technology, worldwide geographic inclusion, and profound aptitude to all the more likely serve investment firms and financial foundations throughout the planet. Related to the exchange, industry veteran Rob Flatley will become CEO of the recently consolidated business.

"I'm eager to join TS Imagine and keep conveying imaginative and client-centered items and administrations," said Rob Flatley. "The business keeps on confronting new difficulties and openings including the requirement for powerful exchange lifecycle the board joined with constant risk analytics. Our gifted employees and remarkable, coordinated software stage will follow through on this strategic requirement for our clients and partners."

TS Imagine will have around 400 employees in 10 workplaces around the world, serving roughly 500 worldwide purchase side and sell-side foundations across North and South America, EMEA, and the Asia Pacific including hedge funds, customary asset managers, benefits funds, mutual funds, and financial establishments.

"TS Imagine unites the worldwide skill of industry-driving items," said Justin Chen, Principal at Francisco Partners. "The organization is particularly situated to address complex and tedious work processes toward the front, center, and administrative centers, bringing together request the board, exchange execution, portfolio analytics, continuous risk consistency, bookkeeping, and activities. Our investment will uphold the organization's proceeded with item advancement, client center, and solid development."

"We have known Rob Flatley for almost 10 years and are excited to at long last be partnering with him," added Peter Christodoulo, Partner at Francisco Partners. "Burglarize is a huge administrator with an effective history of significant worth creation for investors, the board, employees, clients, and partners. We have likewise been very dazzled with the TradingScreen and Imagine teams and anticipate backing them as they take the consolidated organization forward."

Francisco Partners has been a functioning financial backer in financial technology and investment the executives' technology. Select current and past investments in the area incorporate Dynamo Software, eFront, Betterment, and NextCapital.

The TradingScreen exchange has shut, and the Imagine exchange is required to shut in May. Keefe, Bruyette, and Woods, a Stifel organization, filled in as a financial consultant and Kirkland and Ellis LLP filled in as legitimate counsel to Francisco Partners.

About TradingScreen

Operating in the cloud for almost twenty years, TS is the main master of SaaS trading technology. TradeSmart OEMS offers work process effectiveness and a consistent mix between the sell-side and purchase side, interfacing markets worldwide and giving brokers the entrance and data they need to enhance their trading execution.

About Imagine Software

Imagine offers the force of an ongoing, institutional-grade portfolio and risk the board software arrangement and gives customers the decision of full-administration online openness with constant evaluating, security ace, corporate activities, inferred market information, and all day, everyday connectivity or a customary in-house software establishment.

About Francisco Partners

Francisco Partners is a main worldwide investment firm that has practical experience in partnering with technology and technology-empowered organizations. Since its dispatch more than 20 years prior, Francisco Partners has put resources into more than 300 technology organizations, making it quite possibly the most dynamic and longstanding financial backers in the technology business. With more than $25 billion in assets under administration, the firm puts resources into promising circumstances where its profound sectoral knowledge and operational ability can assist organizations with understanding their maximum capacity.

Spotlight

The explosive growth of IP networking has let a genie out of the bottle. The more an organization or a nation is connected to the Internet, the more vulnerable it becomes. The challenge is finding the right balance between “can” and “should”: the fact that we can connect every person, every server, every app, and every cloud vs. the reality that we should control how applications and users communicate with each other. Today security control and network connectivity are one and the same. Adaptive segmentation separates them. This allows IT and security professionals to decouple security controls from connectivity.


Other News
GENERAL AI

One AI to Take on Global Language AI Challenge with NLP-as-a-service Platform for Developers

One AI | May 31, 2022

One AI, an NLP-as-a-service startup, empowering developers to embed Language AI in their products, officially launched today. One AI has raised $8M in seed funding from leading angel investors and VCs, including Ariel Maislos, Tech Aviv, Tomer Wiengarten, CEO of Sentinel One. One AI allows developers to seamlessly embed language comprehension into their projects, transforming texts from any source into structured data, with no training data or machine learning knowledge required. To deliver accuracy, predictability and fast time-to-value for concrete product tasks, One AI's Language Skills combine curated and optimized open-source models with models designed by their research team. One AI was founded by serial entrepreneurs and executives. Amit Ben and Aviv Dror, who previously co-founded NanoRep, later sold to LogMeIn (LOGM). Yochai Levi, who has filled executive positions at companies such as WeWork, LivePerson, and Conduit, and Asi Sheffer, who bridges the gap between industry and academia with his past experience in companies like IBM and LogMeIn. "The generation of unstructured data is increasing at unprecedented rates, and the inability to understand it results in negative outcomes that include everything from lost sales, to lower levels of user engagement and loyalty, to reputation damage. "The adoption of language comprehension tools by the broader developer community is the way to overcome it." Amit Ben, Founder & CEO at One AI "Language is the most valuable untapped resource, beyond the reach of most products and companies. This is true to most industries and domains and results in negative outcomes that include everything from lost sales, to lower levels of user engagement and loyalty, to reputation damage." says Yaron Samid, Founder and Managing Partner of TechAviv. "Unleashing Language AI allows us to harness the power of this unstructured data and turn it into useful information and insights." One AI's Language Skills API packages NLP models, trained for concrete business use-cases. Language Skills support input in various formats (text, audio, JSON, video..). Developers can mix-and-match Skills in a single pipeline using One AI's Language Studio – a no-code visual interface – to process texts in a single API call, and can also include O/S and their own models. About One AI One AI is a Language AI service for developers. Our Language Skills enable language comprehension in context, transforming texts from any source into structured data to use in code. No training data or NLP/ML knowledge are required.

Read More

AI TECH

CallMiner Named Best Overall AI-based Analytics Company in 2022 AI Breakthrough Awards

CallMiner | June 28, 2022

CallMiner, the leading provider of conversation intelligence to drive business improvement, announced today that it has been named the Best Overall AI-based Analytics Company in the 5th annual AI Breakthrough Awards. CallMiner was recognized for its ability to help organizations analyze customer interactions as scale, such as the voice or text-based conversations that happen in an organization’s customer service center, to uncover insights and take action. These insights help companies improve customer experience, strengthen brand loyalty, increase operational efficiency, influence sales outcomes and more, ultimately driving business transformation and growth. Powered by machine learning algorithms and artificial intelligence (AI), the CallMiner platform can organize and bring value out of structured and unstructured data, including contact center conversations, chats, emails, social media, surveys and other customer interactions. Because understanding emotion within these conversations is increasingly important, CallMiner’s AI technology takes sentiment analysis one step further than the competition, identifying emotions within a conversation, such as surfacing moments when customers are stressed, angry or elated by marrying words and acoustic measures to form a complete picture of customer emotions in an interaction. “Organizations hold a massive amount of untapped data, particularly within their customer service and contact centers, which leaves meaningful insights on the table. “Yet, it’s impossible to uncover these insights with human power alone. Technology, like CallMiner’s AI-powered conversation intelligence platform, can deliver the right insights at the right time to both customers and internal stakeholders, enabling organizations to truly be customer-centric. Being recognized as the Best Overall AI-based Analytics Company by the AI Breakthrough Awards is further proof of CallMiner’s industry-leading AI capabilities and our ability to drive value for our customers.” Rick Britt, VP of AI at CallMiner The AI Breakthrough Awards recognize innovation across a range of AI and machine learning-related categories, including AI platforms, deep learning, business intelligence, natural language processing and industry-specific AI applications. Market intelligence analysts from AI Breakthrough evaluated nearly 3,000 nominations from around the world, reviewing, scoring and analyzing each entry to name the top performers. About CallMiner CallMiner is the global leader in conversation intelligence to drive business performance improvement. Powered by artificial intelligence and machine learning, CallMiner delivers the industry’s most comprehensive platform to analyze omnichannel customer interactions at scale, allowing organizations to interpret sentiment and identify patterns to reveal deep understanding from every conversation. By connecting the dots between insights and action, CallMiner enables companies to identify areas of opportunity to drive business improvement, growth and transformational change more effectively than ever before.

Read More

AI TECH

DDN Wins Artificial Intelligence Breakthrough Award for Third Consecutive Year

DDN | July 04, 2022

DDN®, the global leader in artificial intelligence (AI) and multi-cloud data management solutions, today announced that it has received its third consecutive "AI Hardware Innovation Award" in the annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes technological and product leadership in global AI and AI-driven digital transformation markets. DDN was recognized for its A3I® (Accelerated, Any-Scale AI) AI400X2 system, which has been instrumental in bringing unmatched operational excellence for enterprise digital transformation initiatives in AI, financial services, healthcare, manufacturing, autonomous driving, research, and other enterprise IT infrastructures. DDN has delivered powerful, easy-to-deploy, market-leading AI storage and data management solutions to thousands of organizations globally. "As organizations develop increasingly sophisticated AI applications and introduce new data types into their analysis, they seek faster and more scalable storage systems that can transparently provide data services to a wider variety of users and systems," said James Johnson, managing director, AI Breakthrough. "The all new AI400X2 appliance from DDN addresses these needs, simplifying deployment for anyone looking to remove complexity from their AI initiatives. It's no wonder companies around the world rely on DDN for their unique combination of advanced capabilities, performance, and ease of management for AI and analytics applications. Congratulations to DDN on a third 'AI Hardware Innovation Award.'" The AI400X2 doubles the performance over the previous generation, making it an even more efficient building block for companies looking to take their AI applications into production. Additionally, DDN adds significant intelligent AI capabilities including granular insight and optimization capabilities into enterprise AI workloads, client GPU-level performance boost, simplified configuration management and system monitoring. Building these services on top of an optimized data path, AI400X2 accelerates AI and analytics driven workloads for organizations and research facilities globally. "DDN's next-gen A3I solutions were designed to provide our enterprise customers with the best AI-driven digital transformation storage and data management framework, and the most scalable, reliable and efficient AI data storage platform on the planet," said Dr. James Coomer, senior VP of products, DDN. "It is an honor to be a winner of the 'AI Hardware Innovation Award' for the third year in a row, and it's a testament to our commitment to continuous improvement on solutions like the AI400X2 that will help our customers get into production faster and reduce time to results as well as remove the complexity from their AI initiatives." Providing high-performance AI-optimized storage for thousands of NVIDIA DGX™ systems globally, DDN A3I appliances are packaged to provide the same capabilities for any customer regardless of size. The enhanced speed, efficiency and intelligence of the upgraded A3I system moves organizations toward an increasingly hands-off approach to AI application management that improves overall customer experience without sacrificing security. The AI400X2 is an all-NVMe appliance designed to help customers extract the most value from their AI and analytics data sources and is already proven in production at the largest scale. Configurable as all-flash or hybrid, customers can build efficient scale-out AI data pools tuned to their exact performance and capacity needs. Each base appliance is available with 30, 60, 120, 250, and 500TB flash capacity configurations, and can be expanded to 16PB capacity with up to 10 expansion enclosures. Additionally, DDN, in collaboration with NVIDIA, recently released updated NVIDIA DGX POD™ and NVIDIA DGX SuperPOD™ reference architectures. These new designs build on the success of the already proven DGX SuperPOD, and give customers a highly optimized data storage and data management system for AI which enhances and accelerates business insight while eliminating infrastructure complexity. The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of AI and machine learning related categories, including AI platforms, deep learning, smart robotics, business intelligence, natural language processing, industry-specific AI applications and many more. This year's program attracted more than 2,950 nominations from over 18 different countries throughout the world. A list of all the featured winners for the 2022 AI Breakthrough Awards can be found here: AI Breakthrough 2022 Award Winners. About AI Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP, Vision, Biometrics and more. About DDN DDN is the world's largest private data storage company and the leading provider of intelligent technology and infrastructure solutions for Enterprise At Scale, AI and analytics, HPC, government and academia customers. Through its DDN and Tintri divisions, the company delivers AI, data management software and hardware solutions, and unified analytics frameworks to solve complex business challenges for data-intensive, global organizations. DDN provides its enterprise customers with the most flexible, efficient and reliable data storage solutions for on-premises and multi-cloud environments at any scale. Over the last two decades, DDN has established itself as the data management provider of choice for over 11,000 enterprises, government, and public-sector customers, including many of the world's leading financial services firms, life science organizations, manufacturing and energy companies, research facilities, and web and cloud service providers.

Read More

FUTURE TECH

Equifax Launches Second Annual Developer Challenge and Accelerator Program

Equifax | July 08, 2022

Today, Equifax® announced that applications are open for its second annual developer challenge and accelerator program in partnership with 1871, a Chicago-based business incubator that supports early stage tech start-ups, growth stage tech leaders and corporate innovators. Following the success of the inaugural Equifax Accelerate in 2021, Equifax is continuing the program to challenge U.S.-based software developers to create transformative solutions designed to foster financial inclusion and improve access to services with the powerful suite of Equifax Cloud™-enabled Application Programming Interfaces (APIs). "Data, analytics and technology provide a powerful force in addressing some of the most pressing issues facing the world around us. "Equifax is committed to accelerating innovation across the developer ecosystem to bring more consumers into the mainstream credit economy. We look forward to working with the 2022 Equifax Accelerate program cohorts in building data-driven solutions that help tackle the challenges of consumer financial inclusion and small business access to capital." Bryson Koehler, Chief Product, Data & Analytics and Technology Officer at Equifax Equifax Accelerate program participants will have simplified access to data assets and API products so that developers can easily explore and access technical documentation, create apps, experiment, and innovate faster than ever before. These data assets will include APIs available from the Equifax for Developers API Portal as well as data assets available on AWS Data Exchange and Snowflake Data Marketplace. "In our data-driven world, it's never been more important for businesses to have access to the technological resources and mentorship they need to thrive," said Betsy Ziegler, CEO of 1871. "We're proud to work side-by-side with Equifax to continue to expand the Equifax Accelerate product studio, which empowers the innovators and leaders that are disrupting their industries with new and necessary solutions." The top 50 2022 Equifax Accelerate entries will be accepted into a Design Sprint Challenge in August. All Design Sprint Challenge participants will receive mentorship from both Equifax and 1871 subject matter experts to assist in the creation of prototype solutions. They will also compete for a chance to access the 12-week Product Studio, a custom accelerator program powered by Equifax and 1871. This year's Design Sprint Challenge will be judged by Equifax executive leadership and a panel of experts, including: Noah Schwartz, General Manager, AWS Data Exchange at Amazon Web Services (AWS); Amit Maheshwari, Senior Vice President, Business Development at Tekion Corp.; and Laura Ritz, Chief Operating Officer at numo, a PNC company. Participants chosen by the panel of judges to participate in the Product Studio will receive unlimited access to all 1871 products and services, including dozens of workshops, 300+ mentors, and 400+ other tech founders from idea stage companies to series C+. They will also have an opportunity to present their prototype to an audience of leaders from Equifax, including digital and fintech partners, at the Product Showcase. Qualifying participants will also be eligible for up to $5,000 in AWS Activate credits, which can be applied to more than 200 AWS services. ABOUT EQUIFAX INC. At Equifax , we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region.

Read More

Spotlight

The explosive growth of IP networking has let a genie out of the bottle. The more an organization or a nation is connected to the Internet, the more vulnerable it becomes. The challenge is finding the right balance between “can” and “should”: the fact that we can connect every person, every server, every app, and every cloud vs. the reality that we should control how applications and users communicate with each other. Today security control and network connectivity are one and the same. Adaptive segmentation separates them. This allows IT and security professionals to decouple security controls from connectivity.

Resources