10.25.2007 Current Analysis Unveils New Wireless Research Portal
STERLING, VA - October 25, 2007 - Current Analysis today announced the launch of a new wireless research portal featuring the industry's most in-depth source of wireless competitive analysis and tracking of handsets, and voice, data, and content services. Current Analysis has been tracking the U.S. wireless market since 2000, providing detailed analytical services to enterprises, carriers and device manufacturers. The new wireless portal, delivered via the company's CurrentCOMPETE Web platform, blends premium qualitative analysis of service providers and mobile devices with detailed quantitative tracking of pricing, packaging, and availability.
"Unlike wireless research offerings from other firms, customers are provided with more than just an incomprehensible data dump," said Eddie Hold, VP Wireless Services. "Current Analysis content is delivered via a robust Web platform that provides summary reports, search and compare functionality, event timelines, and interactive price trending graphs, accompanied by concise explanations from respected wireless industry analysts. Customers also receive daily email alerts, and access to analyst inquiry services. No one in the wireless market should be without this tool."
In addition to providing a view of the current wireless voice landscape, Current Analysis has over five years of archived pricing information for the major wireless providers. As part of the new portal solution, customers can now run their own trending queries based on price group, carriers, markets, and other criteria to see how various competitors have modified pricing over time.
The portal includes coverage of:
Handsets: - Contract-based carrier device pricing
- Prepaid-based carrier device pricing
- Smartphone device pricing
- Handset distribution analysis
- Carrier handset profile analysisVoice Services:
- Contract-based pricing plans
- Prepaid plan/refill pricing plans
- International roaming and long distance plansData Services:
- Content tracking (applications and WAP content)
- Messaging tracking (messaging and email)Internet access (PC card and phone-based connectivity solutions)
- International data (roaming solutions and availability)
Over 30 carriers and device manufacturers are covered, including: - Alltel
- AT&T
- Qwest Wireless
- Sprint
- T-Mobile
- Verizon Wireless
- Virgin Mobile
- Apple
- HP
- HTC
- Kyocera
- LG
- Motorola
- Nokia
- Palm
- RIM
- Samsung
- Sanyo
- Sharp
- Sony Ericsson
For more details and screenshots, please visit: http://www.currentanalysis.com/markets/wireless/ About Current Analysis Current Analysis (www.currentanalysis.com) has been helping leading technology companies improve their competitive responsiveness since 1997. Sales teams, product managers, and marketing professionals rely on Current Analysis for the latest competitive analysis and tactical advice. Current Analysis' structured, rapid competitive response solutions help companies improve their business performance and create a repeatable process advantage over competitors. The company serves more than 30,000 users at over 200 enterprise clients across the telecommunications, networking, and business software industries.
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10.24.2007 Compete, Inc. Ranked Number 164 Fastest Growing Company Deloitte's 2007 Technology 500
Attributes its 997 Percent Revenue Growth to Increased Demand for Online Consumer Data Boston, MA., October 24, 2007-Compete, Inc. today announced that it ranked Number 164 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002-2006. Compete grew 997 percent during this period. Compete's CEO, Donald McLagan, credits Compete's unique technology and the rapidly growing web analytics market with the company's 997% revenue growth over the past five years. He said, "with our industry-leading online consumer behavior data, Compete provides powerful web analytics to marketers. The new Site Analytics™ and Search Analytics products at Compete.com provide marketers value-added web information to stay ahead of rivals." "Deloitte's Technology Fast 500 recognizes technology companies who have achieved extraordinary growth in North America's most innovative and competitive sectors," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We congratulate Compete on this significant accomplishment." In addition to ranking on Deloitte's Technology Fast 500, Compete ranked 19th on the New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in New England. About Compete, Inc. Compete helps the world's top brands improve their marketing based on the online behavior of millions of consumers. Leading marketers such as Carlson Hotels Worldwide, Hyundai Motor America, Upromise, DaimlerChrysler, and Verizon Wireless rely on Compete's services to create effective online experiences and highly profitable advertising campaigns. Compete's online behavior database - the largest in the industry - makes the web as engrained in marketing as it is in people's lives. Compete was founded in 2000 and is located in Boston, MA, with offices throughout the U.S. For more information about us, please visit CompeteInc.com, or to join the conversation visit Compete.com.
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10.23.2007 OpenPages Ranked Number 173 Fastest Growing Company in Deloitte's 2007 Technology Fast 500
Waltham, Mass. - October 23, 2007 - OpenPages today announced that it has been ranked number 173 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2002-2006. OpenPages grew 949 percent during this period. OpenPages' CEO Michael J. Duffy attributes the company's 949 percent revenue growth over the past five years to the company's ability to successfully adapt to changing customer needs for enterprise risk and compliance management. He said, "To once again be identified as a Deloitte Technology Fast 500 company, and the highest ranked GRC vendor on the list, is an exceptional accomplishment, one that highlights that businesses continue to choose OpenPages risk management solutions to optimize business performance." In addition to ranking on Deloitte's Technology Fast 500, OpenPages ranked 20 on the New England Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the area. "Sustaining high revenue growth over five years is an exceptional accomplishment," said Phil Asmundson, vice chairman, U.S. Technology, Media and Telecommunications, Deloitte & Touche USA LLP. "We are proud to honor OpenPages with a ranking on the Deloitte Technology Fast 500 list." Fast 500 Selection and Qualifying Criteria The Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte's 16 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2002 to 2006. Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America. About OpenPages OpenPages is the leading provider of enterprise risk management solutions that optimize business performance. OpenPages empowers the world's largest companies by unifying governance, risk and compliance across the enterprise and by incorporating risk management into day-to-day business processes. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Japan and the United Kingdom, and regional offices throughout North America.
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10.22.2007 Imperial Valley College Chooses Higher One's OneDisburse Refund Management
IVC Adds to the Growing Number of Forward Thinking Institutions of Higher Education in California to Adopt OneDisburse Refund Management New Haven, CT - October 22, 2007 - Higher One, a financial services company focused exclusively on higher education, today announced that Imperial Valley College has elected to distribute refund payments through the company's OneDisburse Refund Management. Imperial Valley College is the third institution of higher learning in California to reach an agreement with the New Haven, Connecticut based Higher One. IVC, a 2 year college of approximately 8,000 students located in Imperial Valley, California, used to issue paper check refunds to students in the mail. The process was expensive and time intensive. Each time financial aid refunds were issued to the college's students IVC had to pay for the costs of check paper, ink, envelopes, postage, and labor associated with distributing the checks and customer service. IVC anticipates that distributing refunds through OneDisburse Refund Management will help to make the process more efficient. "Our current refund/financial aid disbursement process will be reduced to a few days compared to the two to three week process we currently have," explained Carlos Fletes, Director of Fiscal Services at IVC. IVC will now issue the college's refund payments through Higher One and the company will in turn provide each student with a choice between three ways to receive his or her refunds: direct deposit to Higher One's OneAccount, an FDIC-insured checking account tied to a Debit MasterCard, an ACH to the student's current bank account, or a paper check mailed to the student's address on file. The two electronic means of issuing these payments to the college's students enable the payments to be distributed more quickly. Students no longer have to wait for their checks to arrive in the mail. Students will receive their refunds the same day if they choose to have the refund deposited into their OneAccount and within 3 business days should they select to have the refunds sent via ACH to their third party bank account. "I am looking forward to students getting their funds faster and the number of checks lost in the mail drastically reduced!" said Fletes. "Students will get same day access to cash on campus through a Higher One ATM" Imperial Valley College will begin distributing refunds through Higher One in February of 2008. About Higher One Focused exclusively on higher education, Higher One provides Refund Management to higher education institutions and banking services to members of their community through a card based solution. Higher One's integrated solution helps it's clients reduce administrative costs, streamline business processes, create new revenue streams, increase student customer service and strengthen the campus community. Higher One's OneDisburse provides students with more choices and better services for receiving financial refunds and payroll. Higher One also offers a suite of banking services called OneFinance, which includes the OneAccount, a no minimum balance, no monthly fee checking account with the OneCard, a Debit MasterCard for ATM withdrawals and purchases, and exclusive features such as "Send Money", Easy Refund, and Campus AutoLoad. The OneFinance and OneDisburse solutions can be integrated with the institution's ID card or provided through a separate "refund only" card. To date, Higher One has disbursed $2 billion dollars in refunds for its clients. More than 600,000 students, faculty, and staff at distinguished public and private higher education institutions use Higher One's services through their ID or refund card. About Imperial Valley College Established in 1962, Imperial Valley College is a public, two-year college that is home to approximately 8,000 students. IVC can be found in California's southernmost county, Imperial County, which borders both Arizona and Mexico. The campus is situated on a 160-acre site at the intersection of Highway 111 and Aten Road, in Imperial, California. This location is in the heart of Imperial County and is within reasonable commuting distance of all of the cities in the Valley. There are also extended campus centers in the cities of El Centro, Brawley and Calexico.
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10.19.2007 Austin Logistics Appoints David Diehl as Chief Operating Officer
Austin, TX, October 19, 2007 - Austin Logistics Inc., the leading provider of event-based predictive analytic software for more profitable customer interaction, today announced the appointment of David Diehl as Chief Operating Officer (COO). As COO, Diehl will oversee the company's professional services, client services and development organizations. An experienced global analytic software company executive, Diehl has had proven success across a broad range of disciplines, including product delivery, product development, analytic modeling, operations and business strategy. He brings a wealth of payment card experience and fraud detection solutions to Austin Logistics, including a key role in establishing the modern method of defining, building and introducing real-time artificial intelligence business systems. Diehl comes to Austin Logistics from Fair Isaac, where, as Vice President, Global Fraud Solutions, he led that organization's payment card fraud detection, identify theft and telecommunications fraud and risk management efforts. Prior to that, he was vice president, Product Engineering, where he directed a team of 150-plus scientists and software engineering professionals. In addition to his tenure at Fair Isaac, Diehl has held a series of increasing responsible positions at a number of software companies serving the financial services market, where he helped develop credit card processing, consumer lending and consumer financing systems. "It's a real coup and a rare opportunity to get someone as experienced and talented as David," said Dan Duncan, CEO. "His work in analytics, software development, financial services and telecommunications combined with his experience leading organizations to success will help Austin Logistics continue to capture global mindshare and market share." About Austin LogisticsAustin Logistics is a leading provider of event based analytic solutions that help customers capture more value from each customer interaction. Providing predictive analytic solutions and decision management tools that leverage the widest range of existing data streams, the company helps the world's largest financial services, telecommunication, and retail companies to make proactive, profit-focused decisions that optimize actions in collections, risk and fraud, marketing and customer service. The company's ActionSelect solution was selected as one of the Top 100 Collection Technology Products for 2006 by Collection Advisor magazine. For more information, www.austinlogistics.com.
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10.16.2007 SimpleTuition Signs More New College Partners
SimpleTuition is the Resource of Choice to Help Families Find and Compare the Best Student Loan Options Newton, MA, October 16, 2007 -- SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced the addition of more U.S. institutions of higher education to its fast growing list of schools it serves. SimpleTuition assists financial aid officers by providing students and their families with a self-service, user-friendly online student loan comparison tool for making critical educational financing decisions. More than 100 schools now work with SimpleTuition, including recently signed on partners: Seattle University (WA), Warner Pacific College (OR), Western Piedmont Community College (NC), Kirkwood Community College (IA), Lake Forest College (IL), and Shepherd College (WV). The process of evaluating and applying for student loans is now more straightforward with the help of SimpleTuition. "In today's world, where students are bombarded with loan advertisements, there needs to be a place where they can go that will help them make educated decisions on which loan is right for them. Ideally, this tool would be readily accessible and simple enough that even those who have no borrowing experience could understand the terms and conditions to which they are applying," said LaToshia Everson, Assistant Director of Financial Aid at Wabash College. "I feel that our partnership with SimpleTuition provides exactly this resource. In our commitment to offering a wide range of student loan options, SimpleTuition allows students to efficiently research, select, and apply for a loan without making it a burden." SimpleTuition provides an online resource to help families compare, analyze and apply for student loans. Students can use an apples-to-apples comparison for evaluating Private, PLUS, GradPLUS, Stafford and Federal Consolidation loans, depending on which are appropriate for a given campus/program. Results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date and APR, and results contain detailed information about loan pricing, borrower benefits and other attributes. SimpleTuition is not a lender. "Our student loan research and comparison tool can be tailored for each of the institutions we work with," said Kevin Walker, CEO, SimpleTuition, Inc. "We are pleased that so many schools are selecting SimpleTuition to simplify the search for the best student loans. Families now have the ability to choose a student loan after carefully interacting with the numbers, costs, and details involved, resulting in a better decision making process." About SimpleTuition, Inc. Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. The site has been recently featured as one of Kiplinger's Best Student Loan Website for Financial Services and Fast Company's Top 12 Web 2.0 sites and holds awards for exceptional website development from the Interactive Media Council and the Web Marketing Association. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit www.SimpleTuition.com.
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10.15.2007 New Strategies for College Help
THE SAVAGE TRUTH - Many suddenly waking up to fact it's unaffordable October 15, 2007 TERRY SAVAGE savage@suntimes.comPresident Bush recently signed the College Cost Reduction Act -- a law designed to make more financial aid available to the poorest students, as well as to lower interest rates for some new borrowers. As a bonus, the new law also creates an opportunity for students to avoid repayment of some loans -- if they engage in certain public service jobs. Tracking the benefitsWhile the headlines sound great, the actual benefits will affect relatively few students. Pell grants made to the lowest income students increase from $4,310 in 2007 to $5,400 by 2012 -- an additional $11 billion in funding over the next five years. But rate reductions on subsidized Stafford loans will phase in only for new loans made after July 1, 2008 -- and don't apply to existing loans, unsubsidized loans or loans made to graduate students. Similarly there are restrictions on offers such as "Teacher Grants" -- a program that gives $4,000 per year (with a maximum of $16,000 for undergrads) to those who agree to serve as full-time teachers in certain disciplines for at least four years in a "high-needs" school, and loan forgiveness programs for grads employed in public service jobs. Unfortunately, the same bill reduces certain federal subsidies to lenders. Lenders who will face a squeeze on profits because of reduced payments from the government to subsidize their activities are already taking action, according to Kevin Walker, CEO of SimpleTuition.com. "We're finding, in general, that many lenders have had to cut back on incentives such as interest rate reductions and principal reductions for on-time payments, since the loans are no longer as profitable." The real story behind these headlines is the fact that many are suddenly waking up to the fact that college has become unaffordable. Middle-income parents despair of receiving financial aid. Students graduate with huge debt burdens -- larger than their parents' original mortgage. As a result, many colleges are reassessing their aid formulas, and are willing to give out more grants -- even to higher income families -- to attract the best students. That's the conclusion of college financial aid expert Reecy Aresty, author of How to Pay for College Without Going Broke. Aresty runs www.paylessforcollege.com. -- a Web site filled with with suggestions to help families qualify for more financial aid. Aresty's formula: "By doing income-planning and asset-repositioning strategies, any family can reduce their expected contribution, thus qualifying for more financial aid -- such as scholarships, grants, loans and work-study programs." But you must start early to reduce your "expected family contribution," thus increasing the opportunity for financial aid. Says Aresty: - Don't have any money in the name of the student, such as in a custodial account. Those funds count much more heavily than parents' assets when colleges calculate a student's need.
- The family home does not count in the federal formulas. Excess funds can be stashed by paying down your mortgage. Assets of a small business are not included in the federal formula, and thus they are also a good place to reposition excess funds, perhaps by reducing your salary and taking a loan from your business.
Don't take no for an answer Aresty says there's another huge window of opportunity even after the school has made its initial offer of financial aid. You can appeal, and ask for more, a process at which he's an expert. So he has a free offer for readers of this column: If any family has received a financial aid offer that will not solve their problem, he'll review it at no charge and make recommendations. Just send him an e-mail at reecy@paylessforcollege.com. Yes, you can qualify for more aid, and appeal the measly offers you receive. Plus, with schools now more motivated to help good students afford an education, you could be a big winner. And that's The Savage Truth.
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10.15.2007 Trends Tracked With Each Click of the Mouse
Boston Globe, Carolyn Y. JohnsonWe are what we click. In an age where everything from friendships to financial planning has moved online, the pulse of pop culture, the ups and downs of the housing market, and even the subjects of fifth-grade homework assignments can all be measured by tallying search terms and mouse clicks. "You can use online data to predict what consumers are doing across every facet of their lives," said Stephen DiMarco, chief marketing officer of Compete Inc., a Boston firm that tracks Web traffic. "The Web is so mainstream and so ingrained . . . this is kind of like the dawn of a new age." It also has created a new frontier for companies vying to be the Nielsen of the Net. From Nielsen//NetRatings to companies such as Compete, several companies are scrutinizing the way people surf the Net. Clients such as the US Postal Service pay for Web analyses when they want to know if receiving a catalog makes a person more likely to shop online. Telecommunications firms sign up to see whether their customers are checking out rival services. Some Web analysis companies buy their data - stripped of information that would identify individual users - from Internet service providers. Others depend on data from people who download an application that shares their Web history, without their names. Some also use surveys, or blend data from multiple sources. The companies have created a viable business out of measuring what people do online for marketers, car makers, hoteliers, and other businesses. Analytics firm comScore, for example, reported revenues last year of $66 million and went public this summer. Another, Hitwise, was purchased this year by Experian for $240 million. In August, Compete raised $10 million in funding from investors. Findings about Web trends can vary from company to company because of their different approaches to collecting data, and the Interactive Advertising Bureau, a trade group for the interactive advertising industry, has been advocating for greater transparency in online audience measurements. But there is no question that the clickstream created as people log into online bank accounts, social networks, or shopping sites can give businesses sharper insight into what their customers are like, and whether efforts to reach them are working. Bill Tancer, general manager of global research at analytics firm Hitwise, was surprised to find that searches for "prom dresses" were high in January. He later learned that advertisers had stretched the prom advertising season earlier, and the search spike was a sign the message was reaching its audience. Hedge funds and investment banks buy data from Web analytics companies, seeking guidance from clicks as they issue reports and analyze their portfolios. "What we do with the data is we look for trends," said Robert Peck, a managing director at Bear Stearns who uses data from comScore. It "gives us an edge on calling the quarter versus some of our competitors." Gian Fulgoni, chairman and cofounder of comScore, said his first hint of the power hidden in his data came shortly after he noticed that online book sales dropped off after Sept. 11, 2001. The decline caught his eye, but he ignored it until weeks later, when book retailers began predicting shortfalls in revenue - suffering from a decline in the economy. ComScore began developing other ways to use the online world as a periscope into reality. In a study for the US Postal Service, the company found that people who receive catalogs make 16 percent more visits, view 22 percent more pages, and spend 15 percent more time at retailers' websites. The Postal Service published the results to encourage retailers to ship more catalogs. Compete worked with Carlson Hotels Worldwide to figure out when in the booking process online visitors abandoned their real-world reservations. It advised the company to tweak the website, and Carlson saw 56 percent more of its online visitors become real-world guests over a two-year period. Honda Motorcycles used Hitwise data to figure out where its online visitors were coming from, how their website compared with competitors', and discovered new ways to drive visitors to the website and measure its marketing campaigns. "There is nothing I know of in the offline world that is as broad, as fast, as granular as this stuff," Fulgoni said. "No research company could afford to maintain a panel of 2 million people in the offline world." Online data have their pitfalls. Trying to discern patterns in much online activity seems futile. Google's Hot Trends, a free service that provides a glimpse into the collective curiosity, for instance, found queries ranging from the news of the day - "chrysler strike" - to apparently random terms, such as "tchotchkes," or "celebrity twins." Even when clear patterns appear, they don't necessarily predict overall public preferences. If candidate website hits were votes, dark-horse Republican candidate Ron Paul would be running ahead of Mitt Romney, John McCain, and John Edwards, according to Compete's data during September. Tancer noted last month that searches for "Ron Paul" outweighed those for most of his Republican rivals, too, and suggested that Paul's audience may not be captured by traditional polling. And all searches are not equal. Last year, Tancer dissected American Idol search data, finding that Taylor Hicks and his competitor Katharine McPhee drove Web searches. But McPhee's name was paired with words like "wardrobe malfunction" or "yellow dress" - so he picked Hicks as the likely winner on his blog, and was right. But the power of Web analytics extends beyond reality television, too. By tracking visits to state unemployment websites and search terms, Tancer created a tool to help predict the direction that the unemployment numbers will take - before they are reported by the US Department of Labor. By watching search terms like "homes for sale" or tracking building and construction websites, he has created tools to predict a downturn or upswing in the housing market. With the intense attention given to such indicators of economic health, real-time insights into the market could be useful to the investors, banks, economists - even anthropologists. While the data are never linked to individuals, analysts see humanity in the stream of data. When AOL search data were mistakenly published last year, personal details emerged, from the mundane - someone with a Scion XB needed brake pads - to the serious query, "how to tell your family you're a victim of incest?" Marketers used to ask "Will it play in Peoria?" Today, they don't need to settle for the residents of one archetypal city to tailor their pitches. Marketers "understand you a lot better than you want," said Robin Hanson, an economics professor at George Mason University. "Somehow, you think you're on equal ground. You're buying your third stereo - he's sold 3,000."
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10.10.2007 Market Index Solutions Offers Enhanced Tax Management, Greater Customization and Broad Market Exposure
Market Index Solutions offers enhanced tax management, greater customization and broad market exposure - Placemark launches index-based portfolios - Dallas and Wellesley, MA, October 10, 2007 - Placemark Investments, the investment industry's largest independent overlay manager, announced today the introduction of Market Index Solutions, a managed model portfolio tailored to replicate a specific index. D.A. Davidson & Co., the largest full-service investment firm based in the Pacific Northwest, began offering Placemark's Market Index Solutions portfolio as part of its Unified Managed Account (UMA) program as of October 1. Great Falls, Montana-based D.A. Davidson launched its open-architecture UMA program in July, with Placemark as overlay manager. Market Index Solutions is an index-based managed portfolio, constructed using a subset of securities designed to mimic the risk and return characteristics of the target index. Used in conjunction with Placemark's overlay management process, Market Index Solutions can be used effectively in implementing integrated tax management strategies, in developing programs for clients with low cost basis securities and illiquid securities, and for accommodating portfolios with significant restrictions. "Market Index Solutions combines investors' need for market exposure with Placemark's ability to enhance tax efficiency," said Lee Chertavian, Placemark's Chairman and Chief Executive Officer. "Our sponsor firms can now offer a new type highly customizable solution for clients that are sensitive to taxes, or have other unique investment constraints." In addition to the enhanced tax management and customization capabilities, Market Index Solutions can be utilized as a core position for investors looking to complement active alphaseeking strategies. Placemark can create each Market Index Solutions model portfolio to approximate all broad market exposure (valuation, growth, size, and industry attributes) of the specified index. This ability can provide investors with a tax efficient and economical way of gaining market exposure. "Placemark's ability to offer our financial consultants an index-based portfolio that can be used to generate and harvest tax losses was a vital next step in the development of our program," said Cory Custer, Senior Vice President and Director of Managed Accounts for D.A. Davidson. "Market Index Solutions lets our financial consultants offer their clients enhanced tax management while still investing in a portfolio of customizable, individually-owned securities." About Placemark Investments Placemark Investments is the investment industry's leading overlay manager, helping managed account program sponsors develop and implement Unified Managed Account (UMA) programs, fee-based investment solutions that incorporate multiple investments such as managed accounts, mutual funds and ETFs into a customized portfolio. Placemark strives to deliver superior investment solutions for advisors and clients, working with each sponsor's existing operational infrastructure and preferred investment managers and products. Placemark helps create and administer UMA programs for wirehouses, banks, broker/dealers, and registered investment advisors. Founded in 1999, Placemark has offices in Dallas, TX, and Wellesley, MA. For more information, please visit the company's website at www.placemark.com.
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10.9.2007 Prosecuting Attorneys Council of Georgia Wins National Award Based on Metatomix Software
Tampa, FL., October 9, 2007 - Metatomix, Inc., a leading provider of semantic solutions to financial services, justice, manufacturing and life sciences organizations, today announced that The Prosecuting Attorneys Council of Georgia (PACOG) has won The 2007 Digital Government Achievement Award for outstanding government-to-government information sharing. PACOG's receipt of this prestigious award was based on the Cordele Judicial Circuit Data Exchange Project. This project involved Metatomix's Judicial Data Exchange (JDX) product, a commercial off the shelf software platform enabling information sharing between disparate agencies and data sources. The Digital Government Achievement Award is a national program that recognizes outstanding agency and department Web sites and applications that enhance information interactions, transactions and/or services. "2007 was an amazing year for our Digital Government Achievement Awards," said Cathilea Robinett, Center Executive Director of the Center for Digital Government. "The competition was fierce and there were many applications and portals that were top notch. It's clear that America's state and local governments are unrelenting in their pursuit of excellence for the citizens they serve." "We extend our sincere congratulations to our colleagues at PACOG," said Metatomix President and CEO Jeff Dickerson. "With the Cordele Judicial Circuit Data Exchange Project, PACOG has made a concerted effort to utilize information technology to improve information sharing. The result is more efficient, timely and accurate justice administration for their citizens. We are proud that our semantic middleware solution is a central part of PACOG's work." PACOG facilitated the successful automation of data sharing between disparate judicial and law enforcement agencies throughout four counties in the Cordele Circuit. The Council contributed funding, governance and project management throughout the project, helping create the award-winning solution. "It is an honor to have our cooperation, hard work and innovation recognized by government IT professionals nationwide," said Andy Hulsey, data exchange project manager for PACOG. "Metatomix was a key difference in the success of this project." Metatomix's JDX product employs semantic technology to pull data from otherwise incompatible case management and booking systems used by multiple agencies, and processes the data according to definitions generated by the Justice Information Exchange Model (JIEM). All participating agencies and their corresponding exchanges operate in real-time. JDX also enables the automatic exchange of information such as new arrests and warrants among the different offices, keeping all agencies involved up-to-date on every case in the criminal justice system. The solution eliminates the need to manually enter the same information multiple times in different systems, reducing the possibility of data errors and achieving significant time savings, enhanced public safety and faster delivery of justice. The PACOG Data Exchange project leverages the open data standards of the Global Justice XML Data Model in order to establish a common language for Cordele Circuit agencies and others that may wish to participate in the future. About Metatomix, Inc. Founded in 2000, Metatomix (www.metatomix.com) is the leading provider of Semantic Middleware solutions to financial services, justice, manufacturing and life sciences organizations. Metatomix solutions integrate data and processes to create a common, contextual understanding across multiple enterprise systems. Using this new understanding in context, Metatomix solutions enable real-time analysis and insights, orchestrating coordinated responses among existing systems to optimize enterprise processes. For more information, visit the Metatomix Web site at http://www.metatomix.com.
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10.2.2007 Austin Logistics Opens Shanghai Office
Company expands to needs of growing consumer credit market Austin, TX, October 2, 2007 - Austin Logistics, the leading provider of event-based predictive analytic software that increases the value of each customer interaction, today announced that it has opened an office in Shanghai to better serve customers and prospects in China. Supplier of predictive analytic and decision solutions to many of the world's largest financial institutions, Austin Logistics' move into China aims at helping consumer credit lenders safely meet the demands of the country's exploding credit market. Although China is the world's largest consumer market, the issuing of consumer credit has taken hold only recently, but with tremendous force. According to CBRC's Shanghai office, "... as of end of June 2007, a total of 1.095 million credit cards has been issued by larger banks in Shanghai, an 80.1% increase compared to beginning of the year and a 127.7% increase compared to June last year." To meet the enormous demand, credit issuers across the lending spectrum are reacting quickly to borrowers' desire for credit. To minimize their lending risk, however, credit issuers are turning to experienced vendors both for rapid knowledge transfer around risk management best practices and best practice solutions. "We benefited tremendously in our risk and collections management by partnering with Austin Logistics," said Michael Wei, SVP & Chief Credit & Operations Officer with China Merchants Bank Credit Card Centre. China Merchant is China's largest card issuer, with over 15 million issued cards. "Austin Logistics' open-minded risk specialists customized international best practices to work effectively in our local environment. They are devoted to details and hold us hand-in-hand throughout the process changes." "Without the ability to quickly implement effective risk decision solutions, lenders may find themselves struggling to manage their lending risk," said Tom Miller, Austin Logistics senior vice president, Global Development. "China is a strategic geography for us. Our emphasis is on providing critical knowledge transfer support as well as the right solutions that map directly to Chinese lenders' needs. This combination will enable us to quickly capture market share." Today's move comes on the heels of an earlier announcement that First Data International, a global leader in electronic commerce and payment services, has integrated Austin Logistics' new predictive analytic EarlyDetection System™ into First Data International's VisionPLUS® card processing system in China. See http://www.austinlogistics.com/news/press/2007-0910.php for more information. About Austin Logistics Austin Logistics is a leading provider of event based analytic solutions that help customers capture more value from each customer interaction. Providing predictive analytic solutions and decision management tools that leverage the widest range of existing data streams, the company helps the world's largest financial services, telecommunication, and retail companies to make proactive, profit-focused decisions that optimize actions in collections, risk and fraud, marketing and customer service. The company's ActionSelect solution was selected as one of the Top 100 Collection Technology Products for 2006 by Collection Advisor magazine. For more information, www.austinlogistics.com.
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