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Deep Sky Software Teams with Zementis to Improve Computer System Compliance in Regulated Industries |
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Deep Sky Software - Deep Sky Software |
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| 10/18/2005 @ 6:47 PM
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Deep Sky Software, Inc., a leading provider of Computer System Compliance software for regulated industries, today announced that it teamed with Zementis, Inc., a provider of predictive-analytics software solutions for the financial industry, to market Deep Sky’s products to the more than 6,000 financial institutions under federal regulations. Under the agreement, Deep Sky will provide a financial industry-specific compliance package, including Deep Sky’s VAM™ software and validation services, for installations of Zementis’ JADE risk management framework.
Deep Sky’s VAM™ offers a complete system for assuring computer system compliance in regulated industries, validation of large enterprise resource planning systems, and computer system health monitoring. Through its integration with monitored computer systems, VAM™ continually tests system performance, improving system reliability and saving client companies between $100,000 and $1,000,000 annually.
"At Zementis, our goal is to provide end-to-end solutions for risk management which address credit, operational, and market risks. In a highly regulated environment, it is of strategic value to proactively manage compliance with a multitude of international or federal regulations," said Dr. Michael Zeller, CEO. "We are extremely pleased that we can offer a solution that will help Zementis’ customers to improve compliance with financial regulations while reducing associated costs.”
The partnership also addresses the use of Zementis’ analytical software to provide risk management for the life sciences and for the financial industries. The company’s unique risk management platform employs advanced analytics, predictive models, and an enterprise delivery framework to assess the risk in real-time.
“Deep Sky makes sure that large computer systems run reliably, all the time. That’s why risk management is extremely important to our clients in the regulated industries” said Jurgen Schmerler, CEO of Deep Sky Software. “Together with Zementis, we are now able to offer a comprehensive solution for computer system compliance and risk management to the life sciences and to the financial industries.”
About Zementis, Inc.
Zementis, Inc. provides state-of-the-art statistical and analytical solutions for the financial industry. Powered by advanced neural network technology, the Company's unique Adaptive Decision Engine automates complex decision processes. Zementis’ predictive models offer immediate and objective feedback for credit applications, which increases customer satisfaction, ensures quality with greater volume, and opens new market opportunities. Additional information may be found at www.zementis.com
About Deep Sky Software, Inc.
Deep Sky Software is a leading provider of software solutions and consulting services for system validations in regulated industries. Deep Sky’s technologies focus on standardizing and streamlining software and hardware validation to achieve reliable, defendable, and cost-effective outcomes. Additional information may be found at www.deepskysoftware.com
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