news

3DC adds three global and several domestic clients in its state of the art facility in Sofia, Bulgaria.

2010-07-28
3DC, the only carrier neutral collocation data center in Sofia, Bulgaria, completed the implementation of three international and several domestic clients, including telecom carriers, financial institutions, industrial conglomerates and information technology industry customers.

The international customers of 3DC now include one of the world's largest communications companies active in more than 200 countries, a global Internet service provider which is one of the top five networks in the world and the largest alternative telecommunication service provider of a European Union country, active in 10 countries with more than 150 million population across Europe and Asia.

FinAnalytica Voted Best Market Risk Solution Provider in 2010 Waters Rankings

2010-07-27
FinAnalytica, the leading provider of real world portfolio risk solutions for asset managers, hedge funds and multi-manager funds, announced today that it has been voted Best Market Risk Solution Provider in the annual Waters Rankings, which are awarded for excellence in financial IT solutions and services. With more 1,200 votes cast, the firm was selected by Waters’ readers, FinAnalytica clients and other market participants.

FinAnalytica‘s Cognity risk management and portfolio construction platform is the only commercial market risk solution that directly addresses the real world phenomena of fat tails, volatility clustering, skewness and correlation asymmetry. Cognity delivers unparalleled analytic insight within a predictive and transparent modelling framework.

Commenting on the win, David Merrill, CEO, FinAnalytica, stated, “We’re extremely pleased to have won this award and to receive recognition from end-users of our product. This further validates our focus on providing the market with the most technically advanced and transparent solutions that help our clients better manage market risk.”

MaYoMo launches a TEDx channel on its platform

2010-07-12
MaYoMo today reported the launch of its TEDx channel (www.mayomo.com/tedx ) in cooperation with TED Conference LLC.

The channel is an interactive platform devoted to all past, current and future TEDx events, which are organized under the TEDx program.

TEDx organizers and participants can share video, photos, audio and text content from any TEDx event worldwide. All past, current and future events are denoted on an interactive world map based on event location and date.

Thus, with the TEDx channel, MaYoMo gives the unique opportunity to worldwide TEDx organizers, participants and supporters to reach a wider audience around the globe. MaYoMo’s fast growing global community of contributors and visitors can watch, share and discuss all the ideas that are spread at the TEDx events.

In the spirit of TED's mission, "ideas worth spreading", the MaYoMo team also participates as a volunteer in TED's Open Translation Project. Currently, MaYoMo's translation group ranks first among thousands of volunteer translators worldwide with ~500 talks translated into Russian, Japanese, German, Bulgarian, and Indonesian.

MaYoMo on TED’s blog
http://blog.ted.com/2010/02/meet_mayomo_ted.php

http://www.mayomo.com/p/media-center/section/media-about-us

Ontotext contracted by The National Archives of Great Britain

2010-06-29
The National Archives has invested in an ‘intelligent discovery tool’ to improve searches of archived UK Government websites. The contract for development of Government Web Archive Semantic Knowledge Base was granted to a consortium of semantic technology professionals lead by Ontotext.
The consortium includes experts from the GATE team at the University of Sheffield, creators of the most comprehensive open-source text mining ecosystem in the world, as well as System Simulation, a major UK integrator of images, digital assets, collection and content management systems.
The contract was awarded after a call for competition and a public tender process.
The project started in mid June and is expected to finish before the end of March 2011. It will aim to bring new methods of search, navigation and information modeling to The National Archives and in doing so make the web archive a more valuable and popular resource.
The Government Web Archive Semantic Knowledge Base will also bring together publicly available linked data and open-source text mining technology in a system, which is easy to understand, and can be managed and extended in a predictable and cost efficient manner.
http://www.ontotext.com/news.html

SpinetiX winner of the NEC’s ”Best of InfoComm Award”

2010-06-18
SpinetiX received the NEC "Best of InfoComm Award", given to the best product or service at InfoComm. SpinetiX donated the $25,000 prize from NEC to both the InfoComm Education Foundation and the National Systems Contractors Association (NSCA) Education Foundation.

"The response to the Annual Best of InfoComm Award competition was overwhelming, and SpinetiX showed its mettle in a strong field of contestants," said NEC’s Vice President of Marketing. After a public voting, SpinetiX was selected from among the products and services of five finalist companies.

"By creating and integrating state-of-the-art hardware and software technologies, SpinetiX’s high quality solutions simplify the access, distribution and manipulation of digital media in real-time," Yann Guyonvarc’h said. "We’re grateful to NEC and the distinguished panel of judges for this honor."


http://www.spinetix.com/news

Favit attending the first TechCrunch Disrupt Event at NYC

2010-05-25
Favit’s CEO – Konstantin Hristov and the chief platform architect Atanas Yurukov are having a demo table in the Start Up Alley at the first TechCrunch Disrupt event in New York City.
The live coverage of the StartUps from the Start UP alley begins at 12:30pm EDT with Evelyn Rusli from TC doing the interviews.
Here is Favit’s interview made upon a public vote for Favit:
http://blog.favit.com/en/disrupt

Institutional Investor Magazine: FinAnalytica Chief Scientist, Zari Rachev, comments on Modern Portfolio Theory

2010-05-04
Cited in a May 2010 Institutional Investor Magazine article, Modern Portfolio Theory’s Evolutionary Road, Zari Rachev, FinAnalytica Cief Scientist, compares relying on MPT to living in an avalanche zone. "The correlations that are embedded as the main assumption — the normality of returns — are telling you the chance of an avalanche affecting everybody in the village below is zero,” he says.

http://finanalytica.com/en/page/12/News___Events

Jamie Ridyard Joins FinAnalytica’s Board of Directors

2010-03-30
FinAnalytica, the leading provider of real-world portfolio risk solutions for multi-manager funds, hedge funds and asset management firms, announced that Jamie Ridyard has been appointed to its Board of Directors.

“Given our continued global growth, Jamie’s appointment complements the current Board and management skill-sets,” said Andrew Huddart, FinAnalytica’s Chairman. “He will bring extra depth to the company's presence in the UK and Europe, and we look forward to working with him on strategic and tactical initiatives that will ensure our continued success.”

Ridyard was previously CEO at APT, a risk solutions company, having been instrumental in its growth over the previous 15 years and, ultimately, its sale to SunGard in February 2008. Prior to his time in the finance sector, he taught Philosophy of Law at Wroclaw University, and holds a masters degree in Psychology from Cambridge University, England.

Commenting on his appointment, Ridyard said: "After spending many months researching the vendor space, it became clear to me that FinAnalytica is demonstrably the most reliable and comprehensive risk management solution in the market. Where FinAnalytica offers a satisfying response to each type of market risk, no other system has achieved quite the same breadth nor as elegantly."