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Pendo Launches Version 3.1 of PDP

By CIOReview | Wednesday, May 4, 2016
Pamela Pecs Cytron, CEO, Pendo Systems

Pamela Pecs Cytron, CEO, Pendo Systems

MONTCLAIR, NJ: Pendo Systems—a financial service technology provider has launched a latest version of their flagship product—Pendo Data Platform (PDP). This platform assists financial services companies in overall data management including data exploration, discovery, and analysis. PDP allows users to integrate unstructured and structured information in an easy-to-use dashboard while offering data harmonization and high-speed analysis. The standard time taken by a project to complete using PDP is two-three months.

Recent version of PDP enables firms in capital markets to rapidly expose dark data that is stored in their systems and documents while allowing them to ensure overall transparency. “We respond to the growing need of investors, customers, and regulators and help them restore confidence in the transparency of their financial data,” says Pamela Pecs Cytron, CEO, Pendo Systems. PDP 3.1 also enables businesses to increase the delivery speed of results and obliterate delays involved in technical process of achieving data.

The platform is designed to identify data sources from a PDF, tables, system, or an e-mail and generate a consolidated view while complementing it with existing systems and strategies of the customer. PDP 3.1 liberates data from multiple sources and empowers users with the benefits of data-driven decision-making processes. Clients can also utilize data results for various purposes like indexing, searching, and quick analysis. PDP also allows the financial institutions to eliminate the inefficiencies and lost opportunities that occur as the outcome of poor data integration and visibility.