Datamat and Factiva®, a Dow Jones and Reuters company and provider of digital business content and services, have announced an agreement that creates a unique partnership in Italy to deliver risk intelligence solutions, and system integration services.
Under the agreement, Datamat will integrate Factiva’s authoritative content collection into its solutions for the banking and insurance industries. Datamat has a long and established history of developing solutions for these sectors, both in Italy and abroad.
World class content and state-of-the-art technology are indispensable in identifying and preventing potential risks or frauds. Factiva’s rich collection of business news and information coupled with Datamat’s technology form the basis of a comprehensive knowledge base on industries, companies and individuals to be closely monitored. This combination of content and technology is an essential tool for compliance management executives.
"We are investing in R&D in the area of business intelligence. We strongly believe this will be the next challenge for the major players in the financial and insurance sectors, to grow their businesses, but also to insure more transparent and efficient operations,” says Antonio Cipolla, Director of the Finance and Insurance Division, Datamat. "Factiva is the obvious partner because its collection of news and business content provides critical information for any organization who needs to monitor the global financial sector.”
"Embedding relevant content into the everyday applications in which people work is critical to the adoption of those applications, and their ability to help people make decisions faster,” says Clare Hart, President and CEO of Factiva. "This partnership combines Datamat’s technical and domain expertise with Factiva’s trusted collection of 9,000 sources, to create compelling, tailored risk management solutions.”
Factiva and Datamat also both recently partnered with Fast Search & Transfer™ (FAST™). Datamat will redistribute FAST’s leading enterprise search platform technology (FAST ESP™) as part of Datamat’s strategic partnering program to increase their offering to the financial market, while also expanding their presence outside the Italian market.
