London and Prague, 16 March — Business Intelligence Portal provider Czech Republic Semanta s.r.o and Data Consultancy Data to Value Ltd. today announced a new strategic partnership.
Semanta’s breakthrough Encyclopaedia product brings a Business Intelligence Portal direct to the end-users. Data to Value will be leveraging Encyclopaedia and incorporating its capabilities into its Lean Information Management Consulting approach. The partnership aims to provide organisations, particularly within Financial Services, with a solution to their problems of accessing knowledge about their information resource. This will offer several core benefits to existing and prospective clients including finding out what information displayed on business intelligence output means, where it originates, who owns it and how to log issues and requirements.
A particular focus of the partnership will be to bring new approaches to the Financial Services sector. For instance, both parties believe significant opportunities exist for the adoption of metadata management technologies and techniques to address regulatory demands. This includes responding to compliance requests in areas such as BCBS and Solvency III through being able to demonstrate the provenance and lineage of data used in reports.
Tomáš Bárta, Managing Director of SEMANTA notes: “We are obsessed with creating software that fights against the information chaos that is weakening companies today and we are dedicated to making it the best possible. We are looking for strong, bold and visionary partners who understand this problem and how to tackle it and we believe that Data To Value is one of those. It’s a great pleasure for us that Data To Value believes that ENCY is the right solution for them and that it will contribute to their Lean Information Management approach and move it up a level.”