Press Release
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INFOGLIDE SOFTWARE RELEASES BLADEWORKS™ ENTERPRISE SOLUTION FOR REAL-TIME RISK ASSESSMENT ACROSS MULTIPLE, DISPARATE, REMOTE DATABASES
Remote Search Capability Creates Virtual Data Warehouses Solving Privacy, Political, and Legal Issues, Protecting Data Access and Ownership
AUSTIN, Texas; October 8, 2002 - Infoglide Software Corporation today announced the commercial release of Bladeworks™, a fully integrated decision process solution for real-time risk assessment, decision automation, and non-obvious relationship discovery. The Bladeworks application suite is used for risk assessment of employee backgrounds, insurance and financial fraud, false aliases, identity theft, money laundering, underwriting losses, and national security risks.
Bladeworks provides an organized systematic approach for searching, classifying, analyzing, and investigating data stored in multiple, disparate, remote databases. Because the data can be operated on where it exists, Bladeworks eliminates the need for creating data warehouses. Bladeworks' patented remote search capability creates a virtual data warehouse from multiple, disparate, remote databases. This ability to search data without having to combine databases solves issues of data access and ownership between organizations, thereby solving political and legal issues. Bladeworks also has the ability to return risk assessment scores without returning the associated data, thereby addressing privacy concerns.
"This technology creates a powerful solution for organizations to apply to their business processes," said Michael Shultz, president and CEO. "Today's environment of protecting information privacy while assessing risk from multiple, disparate, remote databases demands a solution like Bladeworks."
Major markets for Bladeworks include financial services, e-business, transportation, insurance, healthcare, and government.
About Infoglide Software Corporation
Infoglide Software Corporation (www.infoglidesoftware.com)
is a pioneer and leader in fraud detection and alias identification
software solutions. Infoglide Software’s patented technology gives
business managers the necessary knowledge to drive business decisions
and affect business processes. The company’s similarity search technology
finds relationships and similarities in data not found by traditional
search technology. Infoglide Software’s solutions address insurance
fraud, false aliases, and security threat and risk for businesses
in the areas of insurance, financial services, government, healthcare,
transportation, and e-business. Incorporated in 1996, Infoglide Software
is headquartered in Austin, Texas.
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Infoglide®, Infoglide Software™, Infoglide Software logo, and Bladeworks™ are trademarks of Infoglide Software Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.
