Complex Systems Management: New business successes within the last 7 days
Monday, 15 March, 2010 Leave a comment
|GE Global Research obtains OntoSpace software and training|
Ontonix Engineering Systems announces that GE Global Research in Niskayuna, NY has obtained a training and license of OntoSpace to apply complexity technology in advanced manufacturing and process modelling. This project is conducted under the aegis of Lightweight Automotive Materials Program sponsored by the National Center for Manufacturing Sciences (www.ncms.org) and funded by the U.S. Department of Energy (www.doe.gov).
|Banca Popolare di Sondrio Purchases OntoDyn|
The Banca Popolare di Sondrio has purchased a license of OntoDyn™, a first-of a kind pre-alarm and customer-retention system developed specifically for application at banks. OntoDyn™ processes batches of clients’ transactional data on a monthly basis and measures their stability, signalling those that may be at risk of being lost. The data which is processed by OntoDyn™ is objective as it reflects all the operations and transactions a client performs with his bank. Based on this information OntoDyn™ is able to pinpoint those clients which may require special attention when granting credit. "In a fast and turbulent economy, in which the value of yearly PoD rating provides questionable value, it is imperative for banks to monitor closely their clients with particular focus not so much on their growth as their stability" said Dr. J. Marczyk, Founder and CTO of Ontonix. "Information on the instantaneous stability of a particular client establishes the basis of a formidable early warning system" he added.
Founded in 1871, the Banca Popolare di Sondrio is one of the first popular Italian banks that was inspired by the popular cooperative banking movement. The bank employs more than 2,300 persons, and has 262 branches.