Vantage Software Joins IBM Watson Ecosystem to Help Speed and Simplify Financial Investment Research
New Coalesce App Leverages Watson for the Financial Services Industry
NEW YORK, Jan. 21, 2015 /PRNewswire/ -- Vantage Software has combined its private equity know-how with state-of-the-art cognitive computing capabilities from IBM Watson to create Coalesce, a software tool designed to help investment managers make faster, more accurate decisions. Coalesce analyzes and evaluates thousands of pages of information, instantly searching through market intelligence, risk profile and financial performance data to provide intelligent support for investment decisions.
Accessing the right information to make informed decisions has become a time-consuming burden for businesses. Workers in every domain are overwhelmed by the exponential growth of digital content that calls for a new generation of data intelligence tools to sift through mountains of information.
Coalesce learns from interactions with investment managers, using knowledge of how they perform research to deliver them with a broader picture of the market landscape and financial implications when conducting their due diligence on investments - a process which typically involves months of analyzing thousands of pages about a company's profile, risk factors, management and competitive landscape.
With Coalesce, Vantage has developed a solution that helps organizations better leverage their employees' institutional knowledge, combined with public and proprietary sources, to generate insights that can lead to better investment decisions.
Vantage unveiled its Coalesce product at the Private Equity International CFO and COO Forum in New York City this month. "We are thrilled to partner with IBM Watson to deliver our vision of intelligent computing for the investment sector. The power of Watson's cognitive capabilities heralds a new era of technology that will transform how investment research is conducted," said Greg Woolf, founder and CEO of Vantage Software.
IBM Watson is a cognitive computing system that uses natural language processing, machine learning and advanced analytics to process information in a manner that is similar to the way people think. Watson answers complex questions posed in everyday language, while continually learning through interactions with users.
"To meet market and client expectations, the financial service industry is reinventing itself and looking for ways to provide evidence-based actionable insights, in real-time, delivering bottom line performance while mitigating risks," said Stephen Gold, vice president, IBM Watson Group. "Vantage is well positioned to help enhance, scale and accelerate the expertise of financial professionals by allowing them to gain a new level of insight into market data, systematically learn with each interaction and outcome, and provide an overall improved experience."
"With the introduction of Coalesce, Vantage Software extends its well-rounded suite of investment research products that enable investment managers to make superior investments with lower risk and higher returns to their investors. Coalesce is the qualitative, natural language counterpart to Vantage Insight™, our leading tool for quantitative investment performance analysis," says Woolf.
About Vantage
Vantage Software offers state-of-the-art deal management, investor relations and portfolio performance solutions to global investment managers that manage in excess of a trillion dollars. With its latest product release, Vantage extends its well-rounded suite of financial analysis products with qualitative research capabilities for superior investments returns having lower risk.
Designed to rapidly integrate with other solutions, such as third party products and administrator data, Vantage Software products can be implemented on a standalone basis or as a suite with a highly flexible and cost-effective software model. These products include intuitive, graphical analysis, dashboards and performance calculations combined with our world-class implementation methodology and best practices, to support the way you do business.
For more information visit: http://www.vantage-software.com
IBM Watson
IBM Watson represents a new era of computing in which third party apps and systems will interact with human users more naturally, analyze volumes of data, understand complex questions posed in natural language, and propose evidenced-based answers that help improve decision making.
Fueled by innovation from a mission to transform industries and professions, Watson is uniquely positioned at the forefront of the new era of computing, evidenced by an unmatched demonstration of what cognitive systems can bring to transform decision-making. IBM is delivering a range of cloud-based products and services to clients in industries such as banking, healthcare, insurance, retail and education.
IBM is investing $1 billion into the Watson Group, focusing on development and research and bringing cloud-delivered cognitive applications and services to market. This includes $100 million available for venture investments to support IBM's ecosystem of start-ups and businesses building cognitive apps made with Watson.
For more information on IBM Watson, visit: www.ibmwatson.com
To join the social discussion about Watson, include the hashtag #ibmwatson.
Follow Watson on Facebook and see Watson on YouTube and Flickr.
Check out the IBM Watson press kit at: http://www-03.ibm.com/press/us/en/presskit/27297.wss
CONTACT: Nigel Smith, 1-781-308-3317, [email protected]
SOURCE Vantage Software
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http://www.vantage-software.com
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