Arthur Tisi of EXA Infosystems Announces New Technology For Data Search and Analytics



Arthur Tisi, Chief Executive Officer (CEO) of EXA Infosystems Inc. announced today the release of a Beta Version of its new Data Search Engine codenamed BresOala. This new technology is the result of over 2 calendar years of work in this area and is designed to facilitate research in financial services environments where accelerated, context sensitive analytics based on semantic data is important. The technology has been available in an alpha version for internal use and has been provided to a number of key strategic partners for internal use and evaluation.

EXA's8217;s CEO, Arthur Tisi said, This advancement marks a step forward in bringing this important technology to the world of financial analytics. The BresOala platform uses some of the most advanced algorithmic, calculus and statistical programming available and was conducted as a global effort between our technical teams in Moscow, India and Israel. This follow-on to our original research will make robust and repeatable next generation financial research a reality. There is also strong market potential in creating a foundation for next generation research analytics for the global risk sector as it where a broad-based, economical data platform is sorely needed.

Oleg Margolin EXA's8217;s Chief Technology Officer (CTO), said, We are pleased to offer this technology to industry and the research community. We have carefully selected and analyzed the ever changing requirements that make up this field. We are happy to expand on our original platform a solution that provides the high quality and repeatability we believe will be the foundation of a valuable alternative to the traditional entrenchment of financial industry observations.

Risk analytic solutions are well established as a cornerstone of financial industry research and is being expanded to biological and GRID computing environments and is showing early promise in testing and monitoring of advanced analytical concepts in Risk Analysis, Compliance, Retirement Plans, Defined Benefits, and Financial Regulatory Systems. The SEC is studying the use of advanced technologies such as this for risk assessment and compliance related to various regulatory acts including new regulations that went into effect this past January.

EXA Infosystems Inc. is a privately held technology products company located in Westchester, New York. EXA has four divisions which specialize in Business Data Systems, Financial Systems, Global Sourcing and Human Capital solutions. The Company provides services which are described at its web site, www.exainfosys.com .





Arthur Tisi of EXA Infosystems Announces New Technology For Data Search and Analytics