KDnuggets : News : 2003 : n10 : item23 < PREVIOUS | NEXT >


BISYS announces Strategic Alliance with @RISK, Inc.

BISYS, a leading provider of business process outsourcing solutions for the financial services sector, has established a strategic alliance with @RISK Inc., a pioneer in asset retention and growth strategies, predictive modeling, and automated data mining systems. @RISK's innovative software application will enable BISYS' mutual fund clients to dramatically expand data mining capabilities and identify at-risk shareholders and intermediaries, better qualify high-value clients, and implement cross-selling initiatives.

The predictive modeling and data mining solution uses neural network technology to build statistical models for each investment client's shareholder database or for the financial intermediaries that sell their funds. For financial intermediaries, the system can predict declining purchases and/or increasing redemptions.

For more information, visit www.bisys.com

KDnuggets : News : 2003 : n10 : item23 < PREVIOUS | NEXT >

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