Yardley, PA – May 13, 2014 —
Intraprise Solutions, a custom software provider, today announced it has entered into a contract extension with one of its financial services clients; a Fortune 100-sized organization.
Intraprise Solutions has been tapped to further enhance the client’s valuation modeling and portfolio analysis capabilities in a large-scale distributed computing environment. Intraprise Solutions’ work allows the client to anticipate and react to market conditions in real time.
“Simply put, we provide a real-time competitive advantage to our clients by giving them the tools to understand what their portfolios are worth at any given point in time,” said Ralph Arcaro, chief executive officer. “By doing so, they are able to fully leverage their assets in ways that were previously unavailable. Such sophisticated analysis is only possible by combining new big data principles and technologies. Working closely with our client, we are able to apply massive parallel-processing capabilities that combine enormous data sets with complex predictive models that mimic the future uncertainty inherent in our clients’ market environment.”
Given the advanced, proprietary nature of the work and the competitive advantage the work provides, the client’s name is confidential.