DataArt Partners with Aqumin; Announces Benefits for Investment Banking Clients

New York, October 3, 2012DataArt, a custom software development firm that builds advanced solutions for select industries, today announced a partnership with Aqumin LLC, a 3D real-time visual interpretation solution. The partnership will enable DataArt investment banking and wealth management clients to improve user experience, enhance real-time data management, and add new monitoring capabilities, allowing traders, portfolio managers, and risk analysts to extract more value from their quoted and proprietary data.

“DataArt’s partnership with Aqumin will allow our clients to benefit from advanced 3D visualization and to interact with multidimensional data in real-time on their desktops. This is an extremely valuable feature in the areas of portfolio, risk and market monitoring, visual data validation and data analytics,” said Oleg Komissarov, SVP of Enterprise Solutions at DataArt. “We are happy to offer our clients customized solutions built using Aqumin’s Alpha Vision™ technology, as well as the ability to integrate it with their existing software platforms.”

As enterprise applications struggle to keep pace with changing and increasing big data volumes, financial services firms must have more effective methods to manage dynamic multi-dimensional, complex data in real time. Traditional two-dimensional data visualization tools such as grids, charts or diagrams are limited in their ability to parse multi-dimensional data. Many advanced visualization tools attempt to solve this problem by introducing more dimensions on the second surface, such as color, shape, size and animation effects. Introducing the third dimension helps users make more intuitive and effective decisions with less energy in a much shorter period of time.

“By partnering with DataArt, we will deliver customized visual data interpretation solutions that work seamlessly with clients’ existing environment. DataArt’s proven track record of quickly delivering turn-key custom software solutions combined with Aqumin’s unique interactive 3D workspace will enable clients to easily upgrade to cutting edge visual technology, giving them increased efficiency and significantly reduced error rates, so that opportunity and risk do not go unnoticed,” said Jason Javarone, VP of Solutions at Aqumin.

About DataArt

DataArt (www.dataart.com) is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Ocado, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the world’s top ten investment banks.

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About Aqumin

Aqumin provides real time visual interpretation solutions for big data. In areas of Business Intelligence, Risk & Compliance, Trading, Regulatory & Surveillance, Investment Research, Data Analytics, Investment Banking, and Wealth Management, Aqumin's AlphaVision™ software brings a larger field of vision and unique insight into real-time intraday activity and historical trends.

Media Contact:
Vica Vinogradova
+1-212-378-4108 x 4014
vica@dataart.com