Business & Finance
Business and Finance
Business and Finance
Tue, June 15, 2010 Advanced Visual Systems Provides Risk Management Data Visualization Software to Leading Investment Company
WALTHAM, MA--(Marketwire - June 15, 2010) - One of the most respected and oldest sovereign-wealth funds has selected data visualization software from Advanced Visual Systems ([ www.avs.com ]) (
The OpenViz data visualization system from AVS has been utilized by numerous financial institutions, hedge funds and risk management software companies to identify complex patterns, trends and anomalies in financial data and facilitate the processing of proprietary risk metrics.
According to Syed Ali, VP of Client Services at AVS, "OpenViz was selected by this AAA-rated investment firm because of its ability to illuminate subtle performance characteristics in a $120 billion portfolio and deliver a sophisticated graphical portrait of core measures. A majority of risk management software systems do not provide the level of fine-grain control offered by OpenViz and as a consequence forces decision-makers to look at summarized metrics that hide the subtle, underlying variations that can often be early indicators of exposure."
OpenViz ([ www.openviz.com ]) is a comprehensive data visualization system used by leading enterprises and software vendors to add highly expressive graphics to analytic applications, dashboards and other information systems. OpenViz offers hundreds of techniques for extracting, manipulating and presenting all types of data in Java or Microsoft desktop and Web-based solutions. Prominent implementations of the technology are in the fields of business intelligence, risk management, customer analytics and life sciences.
About Advanced Visual Systems Inc.
Advanced Visual Systems Inc. (AVS) provides industry-leading, interactive data visualization software and solutions that help business, scientific and engineering users gain critical insight from all types of data. AVS's complete line of software products speed decision-making by bringing information to life using the latest in graphics, Web-based and interactive technologies on all major computing platforms.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's public filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
