LUMIQ and Automated Data announce a partnership that promises to accelerate the pace at which Financial Services companies integrate data to drive business value

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- LUMIQ, a leading data and analytics company, has announced a partnership with Automated Data Inc. (ADI) to facilitate improved business value by enabling seamless data integration for Financial Services institutions.

LUMIQ provides automated data ingestion and transformation tooling, while ADI offers a scalable data connectivity platform. This collaboration makes it easy for businesses to effortlessly onboard, ingest, transform, and merge internal and external data sources at scale, enabling transformative growth through actionable insights.

Shoaib Mohammad, CEO and Founder of LUMIQ, said, "We're excited to unveil our strategic collaboration with ADI. This partnership with a data connectivity leader strengthens LUMIQ's ability to provide significant value to clients."

LUMIQ's AI-powered tool targets Data Reliability assisting in monitoring data quality, observability and DataOps controls. Through ADI, LUMIQ offers streamlined processes for connecting data. This solution accommodates diverse matching models and applications, enabling data linkage from different sources. All data matching processes adhere to rigorous governance protocols, including tracking data origins, alongside operational functionalities like the ability to override settings and manage data clusters.

Commenting on this partnership, Michael Rude, CEO of ADI, said, "We are excited about our collaboration with LUMIQ because they have a track record of delivering high-quality data platform solutions to the financial services vertical. This alliance will build upon LUMIQ's unique strength in financial data allowing customers to integrate diverse data sources for unique business outcomes. Examples include business and process automation, error resolution, actionable insights, artificial intelligence, and machine learning."

About LUMIQ 

LUMIQ builds advanced data platforms that accelerate decision-making in the Financial Services industry. Some of the leading FSI brands use our technology for better decision-making through data products and applications. For more information, visit https://lumiq.ai/.

About Automated Data Inc.

ADI is the platform for connecting data at scale. The platform supports any matching model or use case and can connect to data wherever it rests. All matching pipelines adhere to consistent governance controls, such as lineage, as well as operational controls, such as override and cluster management. For more information on ADI, visit https://www.automated-data.io/.

Disclaimer 

This media release contains forward-looking info subject to uncertainties, may differ from actual results

Photo: https://mma.prnewswire.com/media/2241901/LUMIQ_X_Automated_data.jpg

SOURCE LUMIQ

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