Leading Brazilian Information Security Specialist Kryptus Expands Its Activities in the EMEA Region – BusinessGhana

Opening a company in Switzerland and hiring Thierry Martin as managing partner to lead the region's activities are the highlights.

Seeking to consolidate its presence and develop new businesses in Europe, Middle East and Africa (EMEA), Brazilian Kryptus, specialized in cryptography and information security, announces the expansion of its international activities with the opening of a new unit of the company in Switzerland. The initiative is focused on offering technical support in the region, as well as develop the market, regional channel partners, and respond to local requirements. The move includes the announcement of Thierry Martin as the new director for EMEA and the head of the Swiss branch.

With a strong cybersecurity background, Martin is an engineer who has led several different technology companies in Europe and Brazil. The executive has also been a member of the Kryptus board in 2016 and 2017.

Currently providing solutions to financial institutions, private companies, and governments around the globe, Kryptus aims through this expansion to reach more customers with its competitive and unique product portfolio. The offerings include kNET, its high-performance HSM with unbreakable encryption, and Commguard, its flexible line of link encryptors.

"Kryptus can deliver world-class, trustworthy, and secure cryptography solutions for critical applications. Our presence in the region allows the optimization of services for customized or custom-developed products, providing a strong value proposition in the EMEA region," says Thierry Martin.

According to Roberto Gallo, founder & CEO of Kryptus, expanding to the EMEA region strengthens the company's position as a strategic provider of cyberdefense for governments and enterprises. "Kryptus can now extend its technology offering to Europe, Middle East, and Africa, based on relevant certifications and high performance," he points out.

With its Headquarter in Campinas, Kryptus was founded in 2003 and counts among its customers companies like BSH (a BOSCH Gmbh subsidiary), Claro Brasil (America Mvil Group), Certisign (exclusive Verisign partner in Brazil), Iron Mountain, iFood and Embraer. Granted the status of Strategic Defense Company (EED) by the Brazilian Defense Council, Kryptus has gained the trust - as a supplier from a neutral country - of several government agencies to protect their sovereignty. Among such customers with the highest security requirements, Kryptus delivered government-grade solutions to the Peruvian Navy, the Colombian Army and the Brazilian Army, Air Force, Navy, Intelligence Agency, Ministry of Foreign Affairs, and Superior Electoral Court, as well as to several other governments.

About Thierry Martin

Thierry Martin was born in Switzerland where he studied Electronics and Computer Science. He has professional experience in various areas of technology, among them Digital TV, Cyber Security, Electronics, and Telecommunications. Along his career he has lived and worked in Switzerland, Spain, the United Kingdom, and Brazil, as well as worked extensively with the United States and Asia. He has held executive positions in companies like Nagra, Kudelski Security, Selectron Systems AG, and Mouvent AG.

About Kryptus

Kryptus is a provider of solutions in Information Security. With 17 years of history and HQ in Campinas (SP), Kryptus SA is an independent Brazilian company that has been growing consistently for the past 10 years, focusing on long term actions, scientific and technological plans, and understanding the mission of its clients in the business lines it develops. Kryptus is a partner of the Kudelski Group. Kryptus is a Brazilian Strategic Defense Company (EED), a status granted by the Brazilian Defense Council.

Read more from the original source:
Leading Brazilian Information Security Specialist Kryptus Expands Its Activities in the EMEA Region - BusinessGhana

Chainlink VRF Tool for Smart Contracts to Achieve On-Chain Randomness – Blockonomi

Chainlink is best known for its pioneering work around decentralized oracles, but the projects experts have also gone expansive with work on Mixicles, meta oracles, and beyond.

The Link Marines are buzzing anew, then, as Chainlink has rolled out yet another major contribution to the smart contracts ecosystem this week, the Chainlink VRF.

The VRF in that stands for verifiable random function, a cryptographic primitive that can generate random numbers in verifiable and unbiasable fashion.

Whys this important? There are no shortage of use cases in which blockchain projects could make use of randomness, but tamper-proof randomness is a tough nut to crack when it comes to actualizing it on-chain. And anything short of tamper-proof randomness can introduce big security hole for projects, Chainlink said in an announcement post:

A security-sensitive mindset is required to create and successfully defend a smart contract against adversaries seeking to steal the funds held by that contract. Smart contract developers using randomness as a key input should also see the manipulation of that randomness as a critical risk.

Alas, heres where Chainlink VRF comes in.

The key for a reliable VRF is to be unbiasable and unpredictable, which are the exact two characteristics that Chainlinks new tool is aimed at.

Chainlink VRF seeks to [be fair and unguessable] by delivering its randomness along with cryptographic proofs that can be verified on-chain, showing that the randomness is indeed unpredictable, the Chainlink team said.

As for possible use cases for the solution, theyre manifold. Chainlink specifically cited blockchain gaming, security, [and] layer-two protocols as low-hanging fruits.

For instance, with regard to gaming industry example, Chainlink added that its new VRF capability could make games more fun by generating challenging and unpredictable scenarios and environments, and assigning unpredictable player rewards like loot drops.

And thats just one hypothetical example of many possible ones. Yet when it comes to how Chainlink VRF can be used in the here and now, look no further than no-loss lotto savings game PoolTogether.

PoolTogether is an Ethereum dApp in which users can buy tickets with stablecoins like Dai or USDC in order to enter weekly or daily prize pools.

However, hitherto the randomization process has been less than perfect, the games CEO Leighton Cusack explained in a separate announcement:

The PoolTogether Protocol requires random numbers to select the winner of each prize. In our initial design, this randomness generation process was a manual and centralized process [] this makes it difficult for some users to fully trust PoolTogether Protocols ability to generate a provably fair winner.

Accordingly, Chainlink VRF is something of an ideal solution for this predicament, which is why the PoolTogether CEO said the project would be integrating with the tool shortly.

Incorporating Chainlinks VRF benefits PoolTogether by providing a more reliable and provably secure form of randomness in the selection prize winners, which our users can trust, Cusack said.

Chainlink VRF is good news for smart contract ecosystems like Ethereums. Indeed, Ethereum developers in particular have been deeply considering randomness tools in recent times.

For example, last year the Ethereum Foundation collaborated with Amazons AWS and others on a $100,000 USD hardware competition centered on verifiable delay function (VDF) tech.

The idea behind a VDF is similar to a VRF except that the former involves a delay function during its computations. Why? In order to block malicious actors from manipulating, and thus biasing, outputs.

Verifiable delay functions uniquely tie physical time and cryptography into a promising new tool for the blockchain industry, the Ethereum Foundation said at the time.

1,317

See the original post:
Chainlink VRF Tool for Smart Contracts to Achieve On-Chain Randomness - Blockonomi

Trusted Objects publishes a Position Paper on Software & IP Protection for OEM – PR Web

Trusted Objects

AIX EN PROVENCE, France (PRWEB) May 13, 2020

The purpose of this position paper is to analyze the vulnerabilities leading to software & IP hacking and theft, to look at the different solutions and their gaps and to finally introduce a new concept adapted to embedded systems.

Trusted Objects Position Paper Software & IP Protection for OEM analyzes the vulnerabilities that are often encountered during the device manufacturing process, on the off-the-shelf device and during the OTA (Over The Air) software update. The document then explores the different security technologies have been deployed for decades to protect data and software, including state-of-the art cryptography, digital signature, secure boot, obfuscation of executables. However, these existing security solutions have led to identifying some gaps for embedded systems.

The Position Paper concludes with the new concepts identified for software and IP protection, bringing a seamless protection all along the chain of trust. Secure libraries based on cryptography and obfuscation techniques have proven to be efficient against reverse engineering, and easy to implement. Centralized solutions for secure programming are getting user friendly and easy to implement, at effective cost.

Trusted Objects has pioneered new concepts and innovative solutions for software & IP protection, including secure libraries, secure programming and secure boot for OTA secure software update. Trusted Objects has also partnered with System General to have TOPS, its secure programming solution, qualified on System General programming equipment.

The Position Paper Software & IP Protection for OEM is available from Trusted Objects website.

About Trusted Objects

Trusted Objects is a leading independent player in the Secure IoT market, providing innovative solutions including software and embedded firmware, to dramatically enhance the security of connected devices. Trusted Objects solutions are fully optimized, certified and are positioned as the root of trust to meet the end to end security needs of the IoT.

Trusted Objects also delivers a set of services and systems including security assessment, personalization engine, keys and certificates management, fast prototyping to accelerate the deployment of comprehensive solutions that meet the highest security requirements.

Share article on social media or email:

Read the original post:
Trusted Objects publishes a Position Paper on Software & IP Protection for OEM - PR Web

Quantum Cryptography Market 2020 Size, Share, Regional Growth, Trends, Methods, Applications, Equipment vendors, Business Prospects and Forecast to…

Global Quantum Cryptography market offers a detailed overview of the regional as well as local market. With the objective to offer a complete market overview the Quantum Cryptography Market report includes regional competitive landscape for the number of major market service providers. The Quantum Cryptography market report also provides a comprehensive analysis of the major market players in the regional and global regions. The Quantum Cryptography market report provides an in-depth analysis of the market growth aspects, opportunities, status, size in terms of value and volume, and market segmentation along with the market revenue. In addition, the report also studies market outlook and status of the global and major regions on the basis of product, application, and key market players.

Top Leading Key Players are:

ID Quantique, MagiQ Technologies, Infineon Technologies, QuintenssenceLabs, Crypta Labs, ISARA, Toshiba, Microsoft, IBM, HP, PQ Solutions, and Qubitekk.

Top Leading Key Players are: https://www.adroitmarketresearch.com/contacts/request-sample/958

Likewise, with the information covered in Quantum Cryptography market report, marketing of goods could be made economical and effective that leads to reduce all types of wastage. In addition, the Quantum Cryptography market report also offers the precise key patters, market structures, challenges and opportunities, elements, and difficulties in the global market with the help of various figures and tables to get better understanding of the Quantum Cryptography market. Furthermore, the Quantum Cryptography research report explains all details about the production volume, pricing structure, as well as the dynamics of supply and demand of the number of leading products which are available in the Quantum Cryptography market with their contribution in the market revenue across the world.

The report on Quantum Cryptography market is aimed to equip report readers with versatile understanding on diverse marketing opportunities that are rampantly available across regional hubs. A thorough assessment and evaluation of these factors are likely to influence incremental growth prospects in the keyword market.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/quantum-cryptography-market

Based on application, the market has been segmented into:

NA

In addition to this, the Quantum Cryptography market report also provides helpful insights for every established and innovative players across the globe. Furthermore the Quantum Cryptography market report offers accurate analysis for the shifting competitive dynamics. This research report comprises a complete analysis of future growth in terms of the evaluation of the mentioned forecast period. The Quantum Cryptography market report offers a comprehensive study of the technological growth outlook over time to know the market growth rates. The Quantum Cryptography market report also includes progressive analysis of the huge number of different factors that are boosting or operating as well as regulating the Quantum Cryptography market growth.

On global level Quantum Cryptography industry segmented on the basis of product type, applications, and regions. Regional Quantum Cryptography Market segmentation analyses the market across regions such as North America, Europe, China, Japan, India, Middle East & Africa, South Africa, Southeast Asia, and South America. The regional analysis presented the Quantum Cryptography Market growth rate and production volume from the forecast period 2020 to 2025. In the next section, market dynamics, Quantum Cryptography Market growth drivers, developing market segments and the market growth curve is offered based on past, present and future market statistics. The industry plans, news, and policies are presented at a global and regional level.

For Any Query on the Quantum Cryptography Market: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/958

About Us :

Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a markets size, key trends, participants and future outlook of an industry. We intend to become our clients knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us :

Ryan JohnsonAccount Manager Global3131 McKinney Ave Ste 600, Dallas,TX 75204, U.S.APhone No.: USA: +1 972-362 -8199 / +91 9665341414

Go here to read the rest:
Quantum Cryptography Market 2020 Size, Share, Regional Growth, Trends, Methods, Applications, Equipment vendors, Business Prospects and Forecast to...

Top 5 mobile gaming tech innovations – Business MattersBusiness Matters

This is expected as the availability of mobile casino apps continues to grow across countries like the United States, United Kingdom, China, and Italy. A huge number of technology innovations are used to improve online gambling as it becomes more popular and attract users in large numbers.

As many gamblers are beginning to choose mobile gaming over and getting used to playing their preferred games on their mobile devices, the industry continues to invest in improving the platform. Here are five technological trends that are bound to completely change the mobile casino industry and user experience.

Cloud gaming has been around for a few years and has helped online casinos gain more audience. Gone are the days when mobile casino apps are a must-download when players want to experience the full quality of mobile gaming. With cloud services, players can enjoy more games without having to download extra apps on their mobiles. All the data is store on the internet, so there is no need to take up space on mobile phones.

Other perks of cloud gaming include smoother gameplay and faster speed. However, the downside of using this service is the amount of Data spent while gaming.

Players can expect VR to make shocking progress in the next few years. This innovation is already making online gaming more immersive and interactive. While the most headsets and software used for VR are a bit pricey, there are affordable gears mobile users can opt for. With many casinos integrating VT mobile gaming, players can immerse themselves into the virtual world of thrilling card games and 3V slots.

One of the recent trends now is online casinos including cryptocurrencies as one of their method of payment. Cryptocurrencies such as Bitcoins and Ethereum can now be used to play casino games on many Best online casino UK as well as other countries. Accepting cryptocurrency as a method of payment shows how flexible the casino is and players who value privacy can take advantage of this service.

The technology behind cryptocurrency known as Blockchain takes record of all transaction made with the digital currency. Each transaction is protected with cryptography in a decentralized system, thus, there is a very low risk of fraud. This can be very helpful to players who feel uncomfortable about sharing their banking details online.

AI is already part of our daily lives. With search engines like google making use of it to offer personalized services and ads, to streaming giant Netflix adopting its use to make movie recommendations, there is a lot that can be done with Artificial Intelligence. A lot of gaming sites now use AI chats bots or mobile virtual assistants as customer service support to enable quick response to questions customers may have.

As the need to improve customer service arise and gambling companies are also looking to cut down on the number of staff they pay, AIs becomes their best bet. The use of AI in mobile gambling will only improve in the coming years.

If you crave the buzz and vibes of a land-based casino, but there is none close to you, then online live casinos are your best bet. On quality live dealer rooms, the atmosphere at an actual casino is simulated and games are anchored by live dealers to offer a similar experience. Mobile users can now have access to these live casinos, thanks to the latest technology.

Continue reading here:
Top 5 mobile gaming tech innovations - Business MattersBusiness Matters

Quantum Cryptography Solutions Market Growth by Top Companies, Trends by Types and Application, Forecast to 2026 – Cole of Duty

QuintessenceLabs

Moreover, the Quantum Cryptography Solutions report offers a detailed analysis of the competitive landscape in terms of regions and the major service providers are also highlighted along with attributes of the market overview, business strategies, financials, developments pertaining as well as the product portfolio of the Quantum Cryptography Solutions market. Likewise, this report comprises significant data about market segmentation on the basis of type, application, and regional landscape. The Quantum Cryptography Solutions market report also provides a brief analysis of the market opportunities and challenges faced by the leading service provides. This report is specially designed to know accurate market insights and market status.

By Regions:

* North America (The US, Canada, and Mexico)

* Europe (Germany, France, the UK, and Rest of the World)

* Asia Pacific (China, Japan, India, and Rest of Asia Pacific)

* Latin America (Brazil and Rest of Latin America.)

* Middle East & Africa (Saudi Arabia, the UAE, , South Africa, and Rest of Middle East & Africa)

To get Incredible Discounts on this Premium Report, Click Here @ https://www.marketresearchintellect.com/ask-for-discount/?rid=180628&utm_source=NYH&utm_medium=888

Table of Content

1 Introduction of Quantum Cryptography Solutions Market

1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions

2 Executive Summary

3 Research Methodology

3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources

4 Quantum Cryptography Solutions Market Outlook

4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis

5 Quantum Cryptography Solutions Market, By Deployment Model

5.1 Overview

6 Quantum Cryptography Solutions Market, By Solution

6.1 Overview

7 Quantum Cryptography Solutions Market, By Vertical

7.1 Overview

8 Quantum Cryptography Solutions Market, By Geography

8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East

9 Quantum Cryptography Solutions Market Competitive Landscape

9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies

10 Company Profiles

10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments

11 Appendix

11.1 Related Research

Get Complete Report

@ https://www.marketresearchintellect.com/need-customization/?rid=180628&utm_source=NYH&utm_medium=888

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage and more. These reports deliver an in-depth study of the market with industry analysis, market value for regions and countries and trends that are pertinent to the industry.

Contact Us:

Mr. Steven Fernandes

Market Research Intellect

New Jersey ( USA )

Tel: +1-650-781-4080

Tags: Quantum Cryptography Solutions Market Size, Quantum Cryptography Solutions Market Trends, Quantum Cryptography Solutions Market Growth, Quantum Cryptography Solutions Market Forecast, Quantum Cryptography Solutions Market Analysis Sarkari result, Government Jobs, Sarkari naukri, NMK, Majhi Naukri,

Our Trending Reports

Marine Boilers Market Size, Growth Analysis, Opportunities, Business Outlook and Forecast to 2026

Marine Gearbox Market Size, Growth Analysis, Opportunities, Business Outlook and Forecast to 2026

Read the original here:
Quantum Cryptography Solutions Market Growth by Top Companies, Trends by Types and Application, Forecast to 2026 - Cole of Duty

Our Behaviour in This Pandemic Has Seriously Confused AI Machine Learning Systems – ScienceAlert

The chaos and uncertainty surrounding the coronavirus pandemic have claimed an unlikely victim: the machine learning systems that are programmed to make sense of our online behavior.

The algorithms that recommend products on Amazon, for instance, are struggling to interpret our new lifestyles, MIT Technology Review reports.

And while machine learning tools are built to take in new data, they're typically not so robust that they can adapt as dramatically as needed.

For instance, MIT Tech reports that a company that detects credit card fraud needed to step in and tweak its algorithm to account for a surge of interest in gardening equipment and power tools.

An online retailer found that its AI was ordering stock that no longer matched with what was selling. And a firm that uses AI to recommend investments based on sentiment analysis of news stories was confused by the generally negative tone throughout the media.

"The situation is so volatile," Rael Cline, CEO of the algorithmic marketing consulting firm Nozzle, told MIT Tech.

"You're trying to optimize for toilet paper last week, and this week everyone wants to buy puzzles or gym equipment."

While some companies are dedicating more time and resources to manually steering their algorithms, others see this as an opportunity to improve.

"A pandemic like this is a perfect trigger to build better machine-learning models," Sharma said.

READ MORE: Our weird behavior during the pandemic is messing with AI models

This article was originally published by Futurism. Read the original article.

Continue reading here:
Our Behaviour in This Pandemic Has Seriously Confused AI Machine Learning Systems - ScienceAlert

SparkCognition and Milize to Offer Automated Machine Learning Solutions for Financial Institutions to the APAC Region – PRNewswire

AUSTIN, Texas, May 14, 2020 /PRNewswire/ --SparkCognition, a leading industrial artificial intelligence (AI) company, is pleased to announce that Japanese AI and Fintech company, MILIZE Co., Ltd. will offer Japanese financial institutions fraud detection and anti-money laundering solutions. These solutions will be built using the automated machine learning software of SparkCognition.

With the enormous increase of online payment, internet banking, and QR code payments, illegal use of credit cards is on the rise. However, there are not many Japanese companies that have introduced advanced solutions for fraud detection that currently exist internationally. In addition, financial authorities and institutions around the world are expected to report strengthened measures against money laundering in August 2020. As a result, taking these steps against money laundering has become an urgent management issue in Japanese financial institutions.

At one credit card company in South America, the ratio of fraudulent use to the total transactions reached about 20%, which reduced the profitability of the business. Therefore the company introduced a fraudulent transaction detection system that utilizes the AI technology of SparkCognition, which has extensive experience working with financial service clients. Though the credit card company did not have a team of data scientists, due to the ease with which analysts on staff were able to apply SparkCognition technology, accurate machine learning models were developed, tested, and operationalized within a few short weeks. As a result, it is now possible to detect fraudulent transactions with about 90% accuracy, which has led to a significant improvement in the credit card company's profitability.

Based on SparkCognition's international success in fielding machine learning systems in financial services, MILIZE will offer a fraud detection and anti-money laundering solution, built with SparkCognition AI technology, along with consulting services, development and operational assistance to local credit card companies, banks and other financial institutions. By submitting transaction data to a MILIZE-operated cloud service, financial institutions will be able to detect suspicious transactions without making large-scale investments in self-hosted infrastructure.

MILIZE makes full use of quantitative techniques, fintech, AI, and big data, and provides a large number of operational support solutions such as risk management, performance forecast, stock price forecast, and more, to a wide range of financial institutions. SparkCognition is a leading company in the field of artificial intelligence and provides AI solutions to companies and government agencies around the world.

To learn more about SparkCognition, visit http://www.sparkcognition.com.

About SparkCognition:

With award-winning machine learning technology, a multinational footprint, and expert teams focused on defense, IIoT, and finance, SparkCognition builds artificial intelligence systems to advance the most important interests of society. Our customers are trusted with protecting and advancing lives, infrastructure, and financial systems across the globe. They turn to SparkCognition to help them analyze complex data, empower decision-making, and transform human and industrial productivity. SparkCognition offers four main products:DarwinTM, DeepArmor, SparkPredict, and DeepNLPTM. With our leading-edge artificial intelligence platforms, our clients can adapt to a rapidly changing digital landscape and accelerate their business strategies. Learn more about SparkCognition's AI applications and why we've been featured in CNBC's 2017 Disruptor 50, and recognized three years in a row on CB Insights AI 100, by visiting http://www.sparkcognition.com.

For Media Inquiries:

Michelle SaabSparkCognitionVP, Marketing Communications [emailprotected] 512-956-5491

SOURCE SparkCognition

http://sparkcognition.com

Excerpt from:
SparkCognition and Milize to Offer Automated Machine Learning Solutions for Financial Institutions to the APAC Region - PRNewswire

Onix To Help Organizations Uncover the Power of Machine Learning-Driven Search With Amazon Kendra – PRNewswire

LAKEWOOD, Ohio, May 14, 2020 /PRNewswire/ --Onix is proud to participate in the launch of Amazon Kendra, a highly accurate and easy to use enterprise search service powered by machine learning from Amazon Web Services (AWS).

Amazon Kendra delivers powerful natural language search capabilities to customer websites and applications so their end users can more easily find the information they need. When users ask a question, Amazon Kendra uses finely tuned machine learning algorithms to understand the context and return the most relevant results, whether that be a precise answer or an entire document.

"Search capabilities have evolved over the years. Users now expect the same experience they get from the semantic and natural language search engines and conversational interfaces they use in their personal lives," notes Onix President and CEO Tim Needles. "Powered by machine learning and natural language understanding, Amazon Kendra improves employee productivity by up to 25%. With more accurate enterprise search, Amazon Kendra opens new opportunities for keyword-based on-premises and SaaS search users to migrate to the cloud and avoid contract lock-ins."

Onix has been a leader in the enterprise search space since 2002. The company provides 1:1 consulting, planning, and deployment of search solutions for hundreds of clients with a team that includes 10 certified deployment engineers. Onix has won six prestigious awards for enterprise search and boasts a 98% Customer Satisfaction Rating.

About Onix

As a leading cloud solutions provider, Onix elevates customers with consulting services for cloud infrastructure, collaboration, devices, enterprise search and geospatial technology. Onix uses its ever-evolving expertise to achieve clients' strategic cloud computing goals.

Onix backs its strategic planning and deployment with incomparable ongoing service, training and support. It also offers its own suite of standalone products to solve specific business challenges, including OnSpend, a cloud billing and budget management software solution.

Headquartered in Lakewood, Ohio, Onix serves its customers with virtual teams in major metro areas, including Atlanta, Austin, San Francisco, Boston, Chicago and New York. Onix also has Canadian offices in Toronto, Montreal and Ottawa. Learn more at http://www.onixnet.com.

Contact: Robin Suttell Onix 216-801-4984 [emailprotected]

SOURCE Onix

Home

Read the rest here:
Onix To Help Organizations Uncover the Power of Machine Learning-Driven Search With Amazon Kendra - PRNewswire

Northern Trust rolls out machine learning tech for FX management solutions – GlobalCustodian.com

Northern Trust has deployed machine learning models within its FX currency management solutions business, designed to enable greater oversight of thoughts of daily data points.

The solution has been developed in partnership with Lumint, an outsourced FX execution services provider, and will help buy-side firms reduce risk throughout the currency management lifecycle.

The technology utilised by the Robotic Oversight System (ROSY) for Northern Trust systematically cans newly arriving, anonymised data to identify anomalies across multi-dimensional data sets. It is also built on machine learning models developed byLumintusing a cloud platform that allows for highly efficient data processing.

In a data-intensive business, ROSY acts like an additional member of the team working around the clock to find and flag anomalies. The use of machine learning to detect data outliers enables us to provide increasingly robust and intuitive solutions to enhance our oversight and risk management, which can be particularly important in volatilemarkets, saidAndyLemon, head of currency management, Northern Trust.

Northern Trust announced astrategic partnership withLumintin 2018todeliver currency management services with portfolio, share class and lookthrough hedging solutions alongside transparency and analytics tools.

Northern Trusts deployment of ROSY amplifies the scalability of its already highly automated currency hedging operation; especially for the more sophisticated products such as look-through hedging offered to its global clients, addedAlexDunegan, CEO, Lumint.

The solution is the latest rollout of machine learning technology by Northern Trust, asthe bankcontinues to leverage new technologies across its businesses.

In August last year, thecustodiandeveloped a new pricing enginewithin its securities lending businessby utilising machine learning and advanced statistical technology.By using a hybrid cloud platform for highly efficient processing of data, Northern Trust will leverage a new algorithm that identifies strategic market data points from multiple asset classes and regions to project the demand for equities in the securities lending market.

The Chicago-based global custodian is underway rolling out new capabilities using robotic processing automation (RPA) and cognitive artificial intelligence (AI) within a framework called its Fund Accounting Optimisation Lab, in a bid to reduce manual entries and repetitive tasks when producing daily net asset value (NAV) for funds.

View post:
Northern Trust rolls out machine learning tech for FX management solutions - GlobalCustodian.com