Solutions

The company is currently involved in building specific business applications for the financial markets, in support of risk and compliance.

Today financial services companies must comply with regulations arising from the actions of governmental regulatory organizations, most notably Sarbanes-Oxley corporate-governance law.

Among other strictures, that law requires companies to maintain systems for preventing financial mistakes and fraud. Sarbanes-Oxley's internal-controls requirement typically means companies need to hire auditors and use special software to examine all records of financial transactions and other accounting entries.¹

Interviews, and trade articles all confirm that the number one criterion to reduce risk and to meet government and/or corporate compliance while volume of data is increasing exponentially is improved and timely evaluation of data quality, correction/prediction of data and cause of data exception. Informeta, LLC is aggressively trying to infiltrate this highly potential area of opportunity by providing the tools necessary to ensure accuracy of mission critical data, and to exceed expectations of government and corporate requirements to monitor real time transactions to identify anomalies and create appropriate audit trails.

Informeta's systems run on all state of the art operating systems and database application software products. Specifically, the software runs on the desktop and talks to Excel and virtually all relational database management systems, and/or it can be embedded in custom applications/servers for real-time processing using C++, Java class library APIs.

Who would use Mentys and why?

• Banks
• Brokerage
• Insurance
• Hedge Funds
• Consulting & Software
• OEMs & VARs
• Military & Government

Wherever there are patterns of data, there is a potential application for the software. Critical financial decisions and actions are based on volumes of transactional and reporting data internally produced as well as from externally produced databanks that are full of errors and omissions.

Informeta's software uses soft rules and combines knowledge learned from numerical data, textual data or expert knowledge to arrive at a single evaluation within acceptable client risk parameters.

Software Vendors

A database vendor may choose to market a "co-relational" database that is used to show weighted dependencies and patterns among the various data elements, including text and data, a capability previously unknown in information technology. In other words, Informeta, LLC's software enables users to monitor and explain data quality through assimilation and analysis of numeric and/or text data. Any partner or company using Informeta's software will be able to open new/improved vertical markets, client relationships, and improve market share. Informeta's smart engine can be embedded in, and offered with a variety of existing and new database products for real-time processing, or can be used as a standalone product.