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Fintern launches consumer lending driven by AI and Open Banking

Stockwood Strategy

The UK consumer lending market is worth £160bn, yet over 15 million people in the UK are denied access to affordable loans. These people are resorting to unsustainable means including high-cost lenders and buy-now-pay-later schemes to manage their lives. Today, digital consumer lender Fintern has launched to radically transform the financial well-being of people with an innovative and sustainable lending approach that goes beyond traditional credit scoring and puts affordability first. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand how much they really need, how much they can afford to take on, and how they will repay. Fintern integrates its AI platform with Open Banking* to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using real time transaction information. Gerald Chappell, CEO and co-founder of Fintern commented: “Fintern will help people to really understand what is affordable for them, rather than offering yet another faceless transactional process. Currently, lenders either lend money or don’t, and then don’t engage with the borrower again until the loan terms ends or payments are missed. “Our success as a lender lies in the ability of our customers to repay their loans. Our AI-powered technology helps us and all our customers to understand their finances in a deeper, more hands-on way than ever before. This approach allows us to increase approval rates, lower APRs and empower our customers to make the best and most responsible borrowing decisions for them.” The approach of banks to personal lending inappropriately results in “computer says no” answers for millions every year. While traditional behavioural credit scoring (the industry’s approach for credit decisioning) works well to separate the highest quality customers from the lowest, it performs poorly in differentiating risk among the majority of people. Often the consumers hardest hit are those who have had historical blips in their credit records or, for example, those people who are new to credit or have moved countries. Dr. Michelle He, COO and co-founder of Fintern added: “We will be closer to our customers than incumbent lenders can ever be, and this will differentiate us in the marketplace. Intelligently integrating AI and Open Banking data disrupts credit decisioning for the better of all customers. Doing it well requires the right experience. Data and technology are Fintern’s bread and butter. We have an amazing team with extensive experience in digital lending and credit analytics. They are customer obsessed and have made the Fintern App a unique experience.” Looking ahead, Gerald Chappell added: “As we emerge from the Covid-19 pandemic, Fintern is needed now more than ever. While many existing lenders are reducing credit supply given the shock to their existing portfolios, Fintern uses high frequency transaction data to understand consumers’ real time financial circumstances and lend responsibly. Over the next 4-5 years, we intend to rapidly grow in the UK building a £1bn loan book alongside broadening our product range and considering expansion to other geographies.” Fintern received its FCA authorisation as a regulated consumer credit lender in February 2021. The co-founders have built an exceptional team that includes credit experts with over 100 years’ experience in finance and technology. Ends * Open Banking regulation requires UK banks to open up customer transaction data in a secure and standardised form, which means the third party providers have access to consumer data from banks via APIs. While the UK is leading globally on Open Banking, adoption is under way in 35 economies. About Fintern Fintern is a digital consumer lender on a mission to expand access to low cost personal finance and transform financial well-being. Fintern’s next generation credit technology bypasses credit scores in making lending decisions, focusing instead on affordability. Fintern builds relationships with customers helping them to understand their repayment capacity and credit appetite. Fintern integrates its AI platform with Open Banking to smartly connect the dots in consumers’ banking data enabling Fintern to obtain the most accurate view of borrowers’ affordability and spending behaviour using up to the minute transaction information. Fintern was founded in 2020 with a team from McKinsey, EY, Bank of America Merrill Lynch, HSBC and XiaoMi. Fintern is authorised and regulated by the Financial Conduct Authority, firm reference number 929244, a member of Cifas (the UK's leading anti-fraud association) and registered with the UK Information Commissioner's Office in compliance with the Data Protection Regulations 2018. Contact Details Fintern Bilal Mahmood +44 7714 007257 press@fintern.ai Company Website https://fintern.ai/

March 08, 2021 06:00 AM Eastern Standard Time

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Consero Named Outsourced Accounting Preferred Provider for the National Venture Capital Association

Consero

Consero Global LLC, a leader in Finance as a Service (FaaS), today announced it is now a preferred partner of the National Venture Capital Association (NVCA), the preeminent trade association of the U.S. venture capital and startup community. “Consero’s mission is to disrupt the way PE and VC backed software and service businesses meet their finance and accounting needs, which is why we’re very excited to partner with the NVCA,” said Bill Klein, President of Consero. “Our FaaS model combines cutting edge technology, processes, and people in a fully-managed solution to deliver precise financial visibility and improved operational scalability, plus a lower and more predictable cost structure.” More than 150 operating companies that Consero partners with are backed by blue-chip private equity and venture capital investors. The company is focused on preparing companies to raise capital, M&A, and potential IPOs. Consero combines innovative integrated software, including the Consero SIMPL® financial management console and Simon voice-activated artificial intelligence technology with the traditional CFO, controller and bookkeeping services needed to support a business’s financial operations. All of this comes without the time, cost, and effort of creating and managing a full, in-house finance and accounting department. With Consero’s solutions, companies of all sizes can afford true enterprise level financial tools. About Consero Global Founded in 2006—by Scott Tynes, Bill Klein, and Kiran Jagannath—Consero Global disrupts the way businesses build and maintain their finance and accounting function. Through a cloud-based platform, Consero delivers the financial clarity and efficiency needed to drive a business forward. Strategic CFOs are adopting Consero’s cutting-edge Finance as a Service model to free up time and understand how the business is performing. Serving more than 150 clients and their portfolio companies, Consero, backed by BV Investment Partners provides the control and insight needed to steer businesses toward success. Contact Consero Global for more information about gaining greater control of your financial operations. More info at www.conseroglobal.com. Contact Details Consero Global Ray Young +1 512-633-6855 ray@razorsharppr.com Company Website https://conseroglobal.com/

March 05, 2021 10:33 AM Central Standard Time

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Minuteman Press Franchise in Fredericksburg, VA Supports Local Businesses During COVID-19

Minuteman Press International Inc

Minuteman Press Fredericksburg Has Remained Open Throughout COVID-19 As An Essential Business Owner Doug Walton Shares Insights On Operating During the Pandemic and How Minuteman Press is Helping Local Businesses Bounce Back For nearly 15 years, Doug Walton has owned the Minuteman Press design, marketing, and printing franchise located at 10699 Courthouse Road. Because printing is considered an essential business, Minuteman Press Fredericksburg has remained open throughout the COVID-19 pandemic. “It feels good to remain open and help other local businesses navigate the pandemic economy. We have been able to help them market themselves through direct mail, provide banners and signage to help with social distancing, and we have even supplied many with acrylic sneeze guards and masks to help keep their employees and customers safe.” Print Is Essential As a longtime local business owner in an essential industry, Doug is uniquely positioned to be able to help organizations and businesses as they continue to reopen and recover. “We’ve expanded our products and services over the years and when the pandemic first hit we were ready to provide high-demand items such as direct mail, signage, and sneeze guards. Businesses have come to us for banners, posters, yard signs, floor decals, and branded clothing, which has been a good source of growth. When everyone’s graduation ceremonies were canceled, we were able to help students and their families celebrate with lawn signs.” Doug continues, “The response from the community has been incredible. They know we have been here for a long time, and they appreciate our ability to provide custom printing of all kinds to help keep people safe. We also have been helping businesses reach out to their customers through marketing and direct mail campaigns. When restaurants need new menus or businesses have important updates and special promotions, Minuteman Press Fredericksburg is here as their trusted local provider.” “The printing industry has been designated as essential for a reason. The products and services we provide support almost every other business and allow them to continue to operate. We print for many different kinds of customers from HVAC contractors to the local Sheriff’s office and more. They all depend on us to do their jobs, and we are happy to be there to help them with everything they need during this unprecedented time.” -Doug Walton, owner, Minuteman Press Fredericksburg, VA Bounce Back Fredericksburg One of the ways Doug and his team are giving back is through Bounce Back Fredericksburg, a free community platform that provides businesses with free local listings and COVID-19 awareness and prevention posters. To date, 60 participating businesses have posted special offers and promotions that community members can take advantage of to support local and shop local. Doug says, “I would encourage every business owner to advertise more. There is no such thing as too much marketing. Take advantage of Bounce Back Fredericksburg, start a direct mail campaign, or simply take a look at your marketing materials and make sure everything is professional and up to date.” As the economy continues to recover, Doug sees opportunities for businesses to come back strong. “I’d like to think that we are proof it is possible to operate and market during the pandemic. As more and more of the local economy comes back, my message is to refocus and stay positive. I hope my own positive attitude encourages my fellow business owners to realize we will get through this together and that brighter days are ahead.” As for his own marketing efforts, Doug has used every tool available to him as part of the Minuteman Press franchise family. “We have depended on direct mail, email, and social media to advertise. We have kept the message simple by saying ‘we are here to help, and we are all in this together.’ The response has been very encouraging. Many have thanked us for being there when people need us at this critical time.” He adds, “As a franchisee, the support we’ve received from Minuteman Press International has been great. At the beginning, we received daily updates of what was going on in our industry, tips for pushing forward, words of encouragement, and tons of new resources including the launch of the Bounce Back USA program. They have continued to share success stories from across the nation and provide recommendations and industry news as well as new marketing templates and strategies to help us grow.” Benefits of Franchising Prior to owning his own business, Doug worked in construction. He was able to successfully switch industries and change careers by going the franchise route. As printing industry leaders, Minuteman Press offered Doug comprehensive training and ongoing support that he continues to benefit from today. Doug says, “Minuteman Press is outstanding. They are always there for support. I couldn’t imagine navigating this pandemic without them. Over the years they have always been there when I need them and they are always looking for ways to help us be more successful. Minuteman Press truly cares about their franchisees.” Reflecting on the rewards of business ownership, Doug adds, “It comes down to my improved quality of life. I don’t miss any of my daughter’s school or sports events. I can make my own schedule. It’s as simple as that and I wouldn’t want it any other way.” “Doug Walton has simply done a tremendous job as the owner of Minuteman Press Fredericksburg for nearly 15 years,” says Bob Heimbuch, Minuteman Press International Regional Vice President, Virginia / DC / Maryland. “I am especially proud of his efforts in helping the local business community through Bounce Back Fredericksburg as well as all of the ways he has been supporting local businesses during the pandemic. Doug is truly dedicated to his clients and his community and he lifts others up with his positivity while providing outstanding products and services.” Advice for Others When asked for what advice he would give to other business owners, Doug answers, “Put your blinders on and don’t pay any attention to bad news. Do everything you can to service your customers. Advertise more. This is not the time to cut back. Keep a positive attitude and encourage everyone in your community to support local businesses.” “And remember, we are all in this together.” For more information on Minuteman Press Fredericksburg, visit https://www.fredericksburg.minutemanpress.com. Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 05, 2021 09:01 AM Eastern Standard Time

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CORRECTING AND REPLACING: GoGetVax Streamlines COVID-19 Vaccine Distribution

GoGetVax

GoGetVax, the first end-to-end COVID-19 vaccine technology platform in the United States launched today. Currently available in Texas’ Rockwall and Brownwood Counties with expansion across the country coming soon, GoGetVax continues the citizen-powered healthcare response needed to beat COVID-19 and provides critical information and processes to enable medical providers, local governments and independent pharmacies to seamlessly manage vaccine operations. GoGetVax also provides citizens with an intuitive portal to review their eligibility for a COVID-19 vaccine, pre-register, receive real-time updates on vaccine availability, and schedule a vaccination appointment. GoGetVax’s all-in-one solution offers free FDA-approved COVID-19 vaccinations and provides consistent delivery of data and provider/patient communication. "Our mission is to optimize the vaccination process, eliminate bottlenecks and reduce waiting times,” said GoGet, Inc CEO Mohammad Gaber. “We've taken the lessons, practices and policies from scaling GoGetTested to roll out GoGetVax and create an efficient, seamless and safe experience to provide mass vaccinations. We’re committed to orchestrate and spur the distribution of vaccine doses to quickly vaccinate as many people as possible and help protect U.S. residents from the effects of COVID-19.” GoGetVax’s operating system ensures a simpler path to managing COVID-19 vaccinations for consumers and public health professionals alike. Providers can also use the platform to handle patient communication, such as notifying a person to schedule their first shot or reminding them to come in for a second dose. For communities with existing COVID vaccination programs in place, the GoGetVax platform is lab-agnostic and can seamlessly integrate with existing healthcare platforms to create a citizen-friendly healthcare experience for local residents. Additional key features of the GoGetVax platform include: Cohort Management: GoGetVax presents appointments based on pre-existing conditions. Users fill out the survey and receive information on what is available based on comorbidities. Waitlist/Standby Feature: When there is additional vaccine inventory, a notification will be sent to those people on the waitlist. Digital Certificate: Integration into Apple Passport and all apps certifying vaccination. Vaccine Reporting: GoGetVax makes it simple to transmit vaccination records and patient data as required by the CDC, state and local governments. For more information on GoGetVax, including testing locations and scheduling a vaccination, visit https://www.gogetvax.com/. About GoGetVax GoGetVax is the easiest way to vaccinate your communities through a complete end-to-end technology platform designed for vaccine administration. The GoGetVax COVID-19 vaccination experience will help keep the nation’s communities and economies open and safe. GoGetVax’s COVID-19 response units ensure geographical reach to rural areas and fast activation in virus hotspots. For more information, visit http://gogetvax.com. Contact Details Trust Relations April White +1 323-216-8589 gogettested@trustrelations.agency Company Website https://www.gogetvax.com/

March 04, 2021 02:17 PM Eastern Standard Time

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Cyvatar Creates First All-in-One Cybersecurity Membership Platform

Cyvatar

Cyvatar today unveiled its all-in-one platform to deliver the first-of-its-kind cybersecurity-as-a-service (CSaaS) offering. The Cyvatar platform is now the de facto operating system for all of its members’ security programs. Cyvatar’s unique membership model levels the playing field by democratizing cybersecurity and making the best protection accessible and affordable for every size organization, even if they have no cybersecurity expertise in-house. With the introduction of the Cyvatar platform, members also get complete visibility into the management of all their security tools from a single pane of glass. The platform demonstrates immediate and concrete results from their cybersecurity efforts with executive-level analytics, rising compliance and risk grades, time to remediation, and ROI calculations. “We’re losing the battle against hacks and breaches; even though more and more security tools are available, sensitive data isn’t getting better protected,” said Corey White, Cyvatar co-founder and chief executive officer. “We launched Cyvatar as the industry’s first subscription-based CSaaS to solve this problem. Rather than simply identifying issues, the Cyvatar platform gives members complete and continuous transparency into all remediation activity to support their security and compliance goals.” By replacing ownership with membership, Cyvatar members can select the freemium plan in seconds at no cost. They can later choose the packages and pricing that meet their unique business needs and they can cancel anytime--another industry first. “Without Cyvatar, you’re basically going to the supermarket and stocking up on all of the best ingredients without a recipe or general know-how to turn those ingredients into a meal,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “If you want to eat, you can’t just keep buying more ingredients; at some point, you have to combine them in the proper order and prepare them at the right temperature to create the necessary outcome--that’s what we do for our members. Our expert team of Cydekicks use the platform to remediate all vulnerabilities in a member’s system and provide CyValue in 90 days or fewer with full transparency into every action they perform.” Become a free member to get your vulnerability scan, remediation plan, and platform access today. About Cyvatar Cyvatar is committed to cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at https://cyvatar.ai/ and follow us on LinkedIn and Twitter. Contact Details Cyvatar Media KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

March 04, 2021 08:30 AM Eastern Standard Time

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Epiq Selects Intapp OnePlace Risk & Compliance to Enhance Client Conflicts Management

Intapp

Epiq, a global technology-enabled services leader to the legal industry and corporations, today announced it has adopted Intapp OnePlace Risk & Compliance as part of its ongoing efforts to become a fully cloud-based, connected enterprise. Epiq will use the Conflicts module to streamline automate conflicts clearance, improve efficiency, enhance data hygiene, reduce risk, and centralize its business processes. Epiq maintains more than 80 offices across North America, Europe, Asia, Australia, and New Zealand. As the organization has grown, the volume of manual conflict checks grew with it, surpassing 128 conflict checks every week. Epiq prioritized implementing a cloud-based, purpose-built solution to replace its labor intensive, manual process, and reduce the risk of human error. Epiq selected OnePlace Risk & Compliance, which uses artificial intelligence (AI) to analyze data and identify potential conflicts that require manual review, which saves thousands of hours and improves outcomes. “Automating our business process with a robust, best-in-class solution like OnePlace Risk & Compliance is a critical step in the evolution of Epiq’s Client Conflicts Program,” said Kate Stark, Manager of Conflicts and Compliance at Epiq. “Centralized, cloud-based data isn’t the future; it’s a requirement for success. With Intapp, we’re deploying a smarter, faster, and more accurate approach to our workflow, which helps us continue our pace of growth while ensuring that we continue to deliver world-class service to our internal and external clients.” Other factors in Epiq’s choice of OnePlace Risk & Compliance as a key component of its digital transformation include the ability for the solution to seamlessly integrate with major enterprise technology platforms, third-party data integrations from partners like Dun & Bradstreet, and the option to implement complementary OnePlace solutions down the line to increase its connected enterprise footprint. “By reducing the volume of potential conflicts that require manual review by up to 60%, OnePlace Risk & Compliance is a critical driver of operational efficiency and revenue growth for global organizations like Epiq,” said Nigel Riley, General Manager for Risk and Compliance Solutions at Intapp. “We’re thrilled to begin this partnership with an organization that not only understands but is excited by OnePlace Risk & Compliance and its ability to accelerate the journey to becoming a truly connected enterprise.” About Intapp Intapp powers connected firms. Trusted by more than 1,600 of the world’s top legal, investment banking, private capital, accounting, and consulting firms, Intapp offers end-to-end, cloud-based connected firm management software built for the unique needs of partner-led firms. Intapp helps enhance collaboration, unleash collective knowledge, transform decision-making, and fuel success. Our products and services span the entire engagement lifecycle — from strategy through origination and execution — to drive optimal outcomes. For more information, visit intapp.com and connect with us on Twitter (@Intapp) and LinkedIn. About Epiq Epiq, a global technology-enabled services leader to the legal industry and corporations, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of legal department and business operations, class action and mass tort, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com Contact Details Natalie Papaj +1 703-586-0048 natalie.papaj@intapp.com Company Website http://www.intapp.com

March 04, 2021 07:30 AM Eastern Standard Time

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WitFoo Announces Strategic Partnership with BLOKWORX

WitFoo

WitFoo, the world’s most intelligent SECOPS platform fueled by big data analytics, announced today a partnership with BLOKWORX, a Top 100 MSSP in providing Advanced Cybersecurity Services to the Channel, to offer Precinct as a service to its customers. “We have been evaluating SOAR (Security Orchestration Automation Response) platforms nearly a year, and WitFoo Precinct quickly won over our SOC team early on during the evaluation. Precinct further enables BLOKWORX partners to quickly deploy the most advanced security offerings to their customers… shortening response times, optimizing internal resources, automating correlation of threat data… further injecting intelligence into our already leading cybersecurity service delivery model,” said Robert Boles, President, BLOKWORX, Inc. “Equally important, the WitFoo team presented an alignment in values and synergy critical in our partner selection process. We could not be happier to partner with WitFoo and excited with the even greater protection we now are able to extend to our community.” Thanks to the partnership, BLOKWORX will offer WitFoo’s comprehensive, turn-key SECOPS platform, complete with diagnostic business metrics, at a cost-contained price point to its customers. “This partnership is a true testament to the effectiveness of our channel sales model, as yet another MSSP has opted to build its security stack on top of Precinct,” said Tim Bradford, CEO and co-founder, WitFoo. “We’re thrilled to partner with BLOKWORX and ensure organizations of all sizes are able to streamline investigations and improve their security practice.” WitFoo operates with a 100% channel sales model supported by a global distribution agreement with SYNNEX. For more information and to learn more about partnering with WitFoo, visit: https://www.witfoo.com/partners/ About BLOKWORX, INC. Most IT Managed Service Providers can’t keep up with all the security options and threats that come at their clients on their own. BLOKWORX simplifies security solutions and constantly prevents cyber threats before they become catastrophic events so MSPs can protect their clients, reduce their risks and have peace of mind growing their business, with a trusted and proven security partner watching their backs. For more information, visit www.blokworx.com About WitFoo Built by veterans of the military, law enforcement and cyber security, WitFoo Precinct is the world’s most intelligent SECOPS platform fueled by big data analytics. By crowdsourcing intelligence from a global community of cybersecurity experts, applying time-tested methodologies from law enforcement and leveraging intelligent data and analytics, Precinct’s Investigative Engine results in a greater than 90% reduction in time and labor spent performing security investigations. The platform produces metrics on risk, tool effectiveness, operational efficiency and security gaps to fuel transformational business conversations. Infinite scalability, cost-contained licensing and flexible deployment options make Precinct an effective and economic solution for any organization looking to improve their security operations. For more information, visit www.witfoo.com Contact Details Merritt Group for WitFoo Mia Wilcox +1 610-564-6773 wilcox@merrittgrp.com BLOKWORX Sarah Nufer PR@blokworx.com Company Website https://www.witfoo.com/

March 03, 2021 09:15 AM Eastern Standard Time

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Industrial Defender and Technomak Partner to Secure Critical Infrastructure in the Middle East

Industrial Defender

Industrial Defender, an operational technology (OT) security pioneer, today announced a new partnership with Technomak, a global leader in industrial engineering, fabrication, and construction services, to deliver security-by-design for industrial control systems in the Middle East. Technomak will offer Industrial Defender’s Automation Systems Manager ® (ASM) as part of their industrial engineering projects to provide the highest level of cyber resilience possible for Middle Eastern critical infrastructure. “Technomak’s impressive engineering expertise and market knowledge combined with our powerful OT cybersecurity and compliance platform will greatly improve the cybersecurity posture of companies operating industrial control systems in the Middle East,” said Jim Crowley, CEO of Industrial Defender. “Industrial Defender’s specialized and unique technology of safely collecting, monitoring, and managing OT security data would add another milestone in Technomak’s overall offerings of turnkey delivery of Automation & Control Solutions to its customers. Technomak has been an industry leader in providing such solutions from design stage to the final testing & commissioning of these specialized systems. The OT cyber security offerings from Industrial Defender would give a complete protection from outside cyber threats to any critical infrastructure,” said Mohammed Haneefa, Co-Founder and Group MD of Technomak. To learn more about this partnership, reach out to Technomak at www.technomak.com or Industrial Defender at www.industrialdefender.com. About Industrial Defender Since 2006, Industrial Defender has been solving the challenge of safely collecting, monitoring, and managing OT asset data at scale, while providing cross-functional teams with a unified view of security. Their specialized solution is tailored to complex industrial control system environments by engineers with decades of hands-on OT experience. Easy integrations into the broader security and enterprise ecosystem empower IT teams with the same visibility, access, and situational awareness that they’re accustomed to on corporate networks. Learn more at www.industrialdefender.com. About Technomak Technomak has been involved in some of the most renowned and critical industrial projects in the Middle East region for almost two decades. In addition to the company’s prime focus into the Oil & Gas sector it also provides comprehensive solutions for each stage of a project life cycle into the Water, Power, Metals, Renewables, and Industrial sectors as well. Technomak’s offerings through its “Automation & Digital Solution” division helps industrial businesses enhance process visibility, achieve reliable controls, and gain enhanced and optimized productivity. To operate efficiently, there is an ever increase demand for the convergence of Operation Technology and Information technology. At Technomak we bridge this gap and ensure a seamless integration between the OT and IT platforms and at the same time mitigate all security risks of a plant operation. For more information, visit www.technomak.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Technomak Energy International FZC Deepak Mishra (617) 675-4206 deepak.mishra@technomak.com Company Website https://www.industrialdefender.com

March 03, 2021 02:22 AM Eastern Standard Time

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Kaskada™ Announces General Availability of its Feature Engineering Platform

Kaskada

Kaskada, a machine learning company that empowers data scientists to build and operate machine learning solutions, announced today the general availability of its feature engineering platform. This launch signifies that, after a period of beta testing with early adopters, the platform is ready for data science teams to use for a wide variety of use cases, including fraud, personalization, and recommendation engines. Machine learning is rapidly changing how companies do business and serve their customers. These opportunities, however, tend to be exploited most by large technology companies with significant resources invested in data collection, data processing, and productionization of machine learning, while others often struggle to achieve the same level of results. A key missing piece of getting to success is a data infrastructure that bridges the gap between model training and live serving of machine learning results in production environments. Kaskada’s feature engineering platform is the first ML platform for data scientists that focuses on the feature engineering and feature serving experience. The platform includes a collaborative interface for data scientists and is powered by proprietary data infrastructure for computing across event-based data and serving features in production. “Kaskada’s feature engineering platform is designed to make truly hard data problems in machine learning easy,” said Davor Bonaci, Kaskada co-founder and CEO. “Data science teams can now work better together, build better features and deliver results at a whole new level. I cannot wait to see what kind of impact they’ll accomplish in the months and years to come.” Some of the most impactful machine learning models use real-time, event-based data, which provides valuable insights on how behavior changes over time. This data type is one of the most difficult to handle because of the lack of efficient data infrastructure needed to calculate features at arbitrary points in time and to deliver such features to both training and production environments. “The biggest obstacle for data scientists today isn’t building the fanciest models,” said Max Boyd, Data Science Lead at Kaskada. “It is the inability of current data platforms to bridge the gap between training and production, particularly with the computation of features derived from event-based data. In past roles, we struggled to use event-based data to its full potential because of infrastructure limitations and spent a lot of time hacking around the problem for minimal gains. Kaskada is a game changer for building and operating quality machine learning models with event-based data.” “Unlike many data products, Kaskada is available to individual data scientists and companies alike. It is free for many scenarios and requires no setup,” added Bonaci. “We invite data scientists with fraud, dynamic pricing, personalization and similar event-based use cases to sign up, onboard, and join our growing data science community.” Catch Kaskada in action at the Feature Stores for ML Global Meetup, a free event on March 16, 2021. Pricing and Availability The Kaskada Feature Engineering Platform is available starting today. The platform is free to start and data scientists have the option to pay to add additional users, manage more data, and access additional features. Sign up and onboard at https://kaskada.com/. About Kaskada Kaskada is a machine learning company that empowers data scientists to collaborate on the feature engineering process and to achieve repeatable success with models running in production. Kaskada’s feature engineering platform provides a collaborative interface for data scientists and robust data infrastructure for computing, storing, and serving features in production. Visit https://kaskada.com/ for more information. © Kaskada Inc. Kaskada is a trademark of Kaskada Inc. Feature Stores for ML Global Meetup is a joint industry effort by Logical Clocks AB and Kaskada Inc. Contact Details Owen Media Forrest Carman +1 206-859-3118 press@kaskada.com

March 02, 2021 09:00 AM Pacific Standard Time

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