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IEX Partners with Verdande Technology to Launch Predictive Analytics to Protect Investors - Yahoo Finance
1. IEX Partners with Verdande Technology to Launch
Predictive Analytics to Protect Investors - Yahoo Finance
"We are generally thrilledto end up being operating having a new and various trading venue like IEX
which hasput the forward-looking emphasis on technologies to provide greatervisibility straight into
future risk using sufficient time to adopt action."
NEW YORK--(BUSINESS WIRE)-dedicated for you to institutionalizing fairness in the markets, IEX provides amore balanced
marketplace via simplified industry construction style andcutting-edge technology. IEX can be the
initial equity trading venue owned exclusivelyby the consortium associated with buy-side investors,
including mutual funds, hedgefunds, as well as loved ones offices. Based on the principle that will
similar problems have similarsolutions, CBR provides IEX together with predictive analysis
associated with potentiallybusiness and industry impacting events, for example outages, before
theyhappen, to produce far better real-time, evidence-based decisions. Verdande permits aproactive,
realtime analytics approach that might help inform a human ofwhat possible decisions they can
make to lessen the length of an outage.Our companies are made to protect the actual investor, and
Verdande is anintegral a part of our technologies toolkit."
Verdande technology provides real-time choice management andsurveillance options to always be
able to enable organizations for you to reduce risk and also makebetter, faster decisions simply by
turning his or her data straight into actionableintelligence. "Causeand impact will be no more any
simple linear equation. The Particular organization can be privately funded through Investinor
AS,ProVenture Management along with Statoil Technologies Invest. Verdande Analytics is actually
powered by Case-Based Reasoning(CBR) and can be also based about the principle which
comparable problems possess similarsolutions. VerdandeTechnology"s CBR-driven VTEdge platform
identifies, captures, andanalyzes unstructured information patterns within real-time, using past
events toproactively predict future problems and manage unexpected scenarios bymodeling
"normal" behavior and also operating complex systems analysis andanomaly detection against that
model to spot and stop abnormalbehavior. Verdande Technologies AS has been founded within 2004
and is headquartered inTrondheim, Norway, using regional offices throughout New York, Houston
and AbuDhabi, UAE. A New constantly understanding system, Verdande Analytics maximizesbig
data performance simply by identifying, capturing and analyzing patterns inrisk along with
operational data throughout real time. IEX is driven by a team of cross-industryexperts along with
backgrounds spanning marketplace venues, electronic trading, andbroker-dealers. IEX uses
Verdande Analytics as an early warning systemacross critical trading platforms to predict along with
avoid infrastructureglitches associated in order to switches, routers, along with network back links
too assurveil orders, fill data, along with marketplace data. www.verdandetechnology.com
Information TechnologyTechnology & ElectronicsContact:Media
Regarding IEX
Diana Kearns-Manolatos, 212-255-0080, ext.
"Given your complexity within today"s systems, we must recognize how anyone can recoverfrom
system failures.
.
verdande@articulatecomms.com
or
2. gerald.lam@iextrading.com
Gerald Lam, 646-568-2358
Articulate Communications Inc.
about Verdande Technologies
VerdandeTechnology, any provider of real-time Case-Based Reasoning (CBR)technology, today
announced IEX, a manufacturer new U.S. 12
IEX Advertising & Communications
"CBR is almost all about being able to use really predictive technology in order to preventor mitigate
enterprise impacting events; whether or perhaps not that means monetary lossor reputational
exposure. Launched October 25, 2013, IEX is anAlternative Trading System (ATS) providing a fairaccess platform to always be able to anyqualified broker dealer. in the actual economic services
industry, that canbe a new challenge, as you can find therefore many versions involving regular
along with data istransmitted in such higher speeds that it could always be challenging to predict
afailure using enough time as well as energy to acquire before your problem," said JoanneKinsella,
CEO, Verdande technology Economic Services. Verdande provides brought to market any disruptive
ideathat has not truly been executed well: signal processing via ComplexEvent Processing (CEP) to
comprehend patterns and deviations from thenorm," stated Zoran Perkov, Head involving
Technologies Operations from IEX. That utilizes past events toproactively predict future problems,
rapidly diagnose along with appropriate issuesto drive enterprise growth and also efficiencies.
equities trading venue, isusing its VTEdge platform with regard to operational surveillance involving
tradingactivity.
IEX Partners along with Verdande Technologies to Launch Predictive Analytics to Protect Investors Yahoo Finance
learn a lot more at: www.iextrading.com
As the paradigm shifts from traditional monitoring tools,Verdande"s analytics answer will provide
accurate, evidence-basedinformation to create the actual smartest real-time decisions