BOSTON (PRWEB) July 09, 2019
Cambridge Semantics, the leading provider of modern data management and analytics software, today announced that Parabole, a cognitive analytics technology company for the banking and financial service industries, has introduced AlphaESG, its latest alternative data platform powered by Cambridge Semantics’ AnzoGraph DB, a leading graph analytics database. AnzoGraph DB will enable Parabole to deliver state of art analytics at scale and speed. Applications built on Parabole’s latest platform include a range of solutions, including training data construction for AI applications, and delivering corporate research insights from alternative data.
A joint webinar, (“Sustainability Investment Research Using Cognitive Analytics”), is scheduled on July 18th to showcase the offer and value proposition.
Parabole’s AlphaESG is an end-user solution developed on its alternative data platform to automatically extract Environmental, Social and Governance (ESG) related information for research targets from any text-based source based upon user-defined ESG criteria. ESG is a set of criteria increasingly used by investors to evaluate potential investments based on sustainability, social responsibility, and governance performance. AlphaESG’s cognitive models are pre-trained to contextualize content and transform it into measurable parameters. This automation speeds research and allows analysts and portfolio managers to perform deeper, more thorough and repeatable analytics than can be achieved through manual processes.
“The combination of AnzoGraph and Parabole’s ability to mine knowledge from a diverse collection of unstructured and alternative data enables our customers to enjoy fast, easy and accurate discovery of signals within ESG-related alternative data sets and analyze them across the various dimensions to find alpha and facilitate better investment decision making,” said Anthony Sarkis, Chief Strategy Officer of Parabole. “Companies using knowledge graphs to describe and harmonize diverse data can build their own alternative data-based analytics solutions using AnzoGraph and Parabole. We provide the analytics scale, speed, and value-add algorithms to deliver insights, quickly."
Parabole’s AlphaESG leverages AnzoGraph DB, a native, massively parallel processing (MPP), distributed graph analytics (Graph OLAP) database that provides inferencing, graph algorithms and advanced analytics at big data scale. AnzoGraph is based on W3C open RDF & SPARQL* standards and soon, OpenCypher industry standards on the same database, allowing companies to leverage diverse text processing, machine learning and other technologies from various vendors without vendor “lock-in” from proprietary technologies. AnzoGraph scales linearly to trillions of triples and more. Customers can incrementally add servers to provide increased scale and query performance speeds.
“Parabole’s AlphaESG exciting cognitive analytics solution, and its alternative data analytics platform, addresses the growing market need to use cutting-edge technologies like AnzoGraph, to provide effective and deeper insights to the financial industry,” said Steve Sarsfield, Vice President of AnzoGraph Product at Cambridge Semantics. “We are excited to be a part of Parabole’s alternative data platform. This joint offer, as well as other coming partnerships on our roadmap, demonstrates that graph databases have come of age as a valuable enterprise analytics engine.”
For more information on data management, visit http://www.cambridgesemantics.com
About Cambridge Semantics
Cambridge Semantics Inc., The Smart Data Company®, is a modern data management and enterprise analytics software company that enables seamless access, integration and analysis of all enterprise data via a graph-driven data fabric architecture.
The company delivers products and solutions that enable IT departments and business users across Life Sciences, Financial Services, Government, Manufacturing, and other industries to accelerate data delivery and to provide meaningful insights across the organization at hyper-speed and scale
Visit http://www.cambridgesemantics.com or follow us on Facebook, LinkedIn and Twitter: @CamSemantics.
Parabole.ai was founded to bring unstructured data to the data analytics mainstream. By moving beyond standard NLP offerings, the Parabole Cognitive Analytics Platform is able to extract and make usable the domain knowledge present within unstructured data located within disparate repositories in myriad formats. Whether the requirement is cognitive search, the analysis of regulatory documents, the discovery of named entities or the preparation of labelled data for your AI projects, the Parabole platform has emerged as the choice for large banking clients trying to solve complex automation projects for risk, compliance, regulatory reporting, investment research and ESG activity, as well as marketing and enterprise data governance. Parabole.ai is based in Princeton, NJ.
Visit http://www.parabole.ai and follow us on LinkedIn and Twitter: @ParaboleAI