Appfluent Technology Inc. and iGATE Patni, formed a strategic alliance that will enable enterprises to leverage Appfluent's big-data usage analytics within iGate Patni's Reference Data Management solutions.

iGATE Patni will embed Appfluent's software in iGATE Patni RADAR, a multistep reference and data rationalization program that will help financial services companies mitigate their risk and rationalize the cost of managing their reference data. RADAR enables an institution to understand the volume, expense, source, and flow of reference data within the institution, allowing IT to better align with the business and reduce total cost of data management while driving the success of business intelligence and data warehouse initiatives.

With Appfluent, iGATE Patni customers will be able to:

•    Measure how business units and departments are using data to better justify costs and more efficiently prioritize resources.

•    Gain insight into how data is being used in data warehouses to retain and optimize the most relevant data.

•    Audit user activity across business intelligence applications, reports, and databases to ensure the trusted usage of sensitive corporate information.

"To help reduce operational costs and risks, financial firms need a good understanding of how reference data is sourced, cleansed, transformed, and consumed throughout the firm,” said Fred Cohen, group vice-president Capital Markets & Investment Banking at iGATE Patni.

http://www.appfluent.com/news/pressrel-090111.htm