Rationalize Reference Data Management Costs and Mitigate
Risks
ROCKVILLE, Md., Sept 1, 2011 /PRNewswire/ -- Appfluent
Technology, Inc., the leader in business activity and data usage
software for Big Data, and iGATE Patni, one of the leading global
providers of information technology services and business solutions
today announced a strategic alliance that will enable enterprises
to leverage Appfluent's data usage analytics within iGate Patni's
Reference Data Management solutions.
iGATE Patni will embed Appfluent's software in "iGATE Patni
RADAR", a multi-step Reference and Data Rationalization program
that will help financial services companies mitigate their risk and
rationalize the cost of managing their reference data. The iGATE
Patni RADAR enables an institution to understand the volume,
expense, source, and flow of reference data within the institution,
allowing IT to better align with the business and reduce total cost
of data management while driving the success of business
intelligence and data warehouse initiatives.
With Appfluent, iGATE Patni customers will be able to:
- Measure how business units and departments are utilizing data
to better justify costs and more efficiently prioritize
resources
- Gain insight into how data is being used in data warehouses to
retain and optimize the most relevant data
- Audit user activity across BI applications, reports, and
databases to ensure the trusted usage of sensitive corporate
information.
"To help reduce operational costs and risks, financial firms
need a good understanding of how reference data is sourced,
cleansed, transformed and consumed throughout the firm. iGATE Patni
RADAR as a service addresses these issues and our alliance with
Appfluent will enable us to efficiently model data consumption
throughout the enterprise" says Fred Cohen Group Vice President
Capital Markets & Investment Banking at iGATE Patni.
"IT organizations lack visibility into the business usage of
data leading to escalating data management costs, operational
inefficiency and risk." said Frank
Gelbart, Appfluent CEO. "Appfluent and iGATE Patni
have partnered to enable FORTUNE 1000 companies to better leverage
strategic value of data, contain costs and mitigate data access
risks."
About Appfluent Technology, Inc.
Appfluent enables enterprises to manage Big Data smarter and
better aligned with the business . Appfluent Visibility® provides
visibility into business activity, exposes how data is used and
what data is unused, and tracks inappropriate user activity. With
insight provided by Appfluent, IT organizations can rationalize
costs and plan investments, respond faster with fewer resources and
more efficiently manage exploding data growth. Visit
www.appfluent.com
Appfluent is a registered trademark of Appfluent Technology,
Inc. All other products, services and company names mentioned
herein may be trademarks of their respective owners. Contact
Information: Santosh Chitakki, 1-301-770-8643
About iGATE Patni
'iGATE Patni' is the common brand identity of two organizations -
iGATE and Patni as a result of the acquisition of Patni Computer
Systems Limited by iGATE Corporation. Between the two companies,
the brand iGATE Patni provides full-spectrum consulting,
technology, business process and product engineering outsourcing
services on a Business Outcomes-based model. Armed with over three
decades of IT Services experience and powered by the iTOPS
(Integrated Technology and Operations) platform, iGATE Patni's
multi-location global organization with a talent pool of 26000+
people, consistently delivers effective solutions to over 360
Fortune 1000 clients spanning across verticals like: banking
& financial services; insurance & healthcare; life
sciences; manufacturing, retail, distribution & logistics;
media, entertainment leisure & travel; communication, energy
& utilities; public sector; and independent software vendors.
Visit: www.igatepatni.com
iGATE Corporation is listed in NASDAQ (IGTE) and Patni
Computer Systems Limited in BSE (532517), NSE (PATNI) and NYSE listed (PTI).iGATE Patni
Media Contact: Prabhanjan Deshpande
"PD" Corporate Communication and Media Relations
PD@igatepatni.com +91 80 4104 5006
SOURCE Appfluent Technology, Inc.