AVT Systems provides voice and data analysis with new Autonomy Practice
London, 10 December 2008 - AVT Systems, which provides integrated voice technology and dealing systems, is launching an Autonomy Practice to offer voice and data analysis powered by Autonomy’s unique Meaning-based technology. Autonomy’s core infrastructure software the Intelligent Data Operating Layer (IDOL) can understand the meaning of information from over 1,000 data formats including audio, video, IM and email and identify patterns between disparate pieces of information thus ensuring comprehensiveness of the results defensible in court. The new Practice means that AVT can offer customers complete voice and data technology services, from providing voice recording systems and dealer boards, to data archiving and analysis.
The Practice’s first customers are likely to be finance companies, where AVT already has a strong presence. The global economic crisis has resulted in an increase in legal investigations and regulatory compliance processes prompting the need for technologies capable of extracting content’s digital essence thus allowing processes to be automatically performed. AVT’s Autonomy Practice will offer bespoke Autonomy-based systems and consultancy services, as well as standard software packages.
AVT is seeing strong demand for systems that can help companies analyse and understand the connections between different electronic data, in order to comply with regulation. Autonomy’s products let companies automate the process of searching through voice and text data and ascribe meaning to it (it will search corporate data to find all communications and text relating to a particular deal, or legal issue, for example). It works by matching patterns across different communications formats - voice, email, IM and video links, for example – and linking relevant information regardless of format.
Mike Fenton, CEO, AVT, says: “The current market means there is huge demand for transparency, particularly – but not exclusively - in the finance industry. Companies are investing in voice and data systems that record, analyse and archive all the information going through them, so they can keep accurate records and comply with regulation. As the impact of the current financial crisis hits, we’ll see more investigations and legal regulation, which means a greater need for this kind of technology. There’s likely to be a knock-on effect beyond the financial markets, with higher requirements across all industries for data analysis and archiving. Autonomy is the most sophisticated software available to do this.”
AVT Systems will initially offer its customers Meaning-based solutions for eDiscovery, Consolidated Archiving, Records Management, and Early Case Assessment, a unique solution for rapid data search and review that helps companies establish whether there is a case for a more in-depth analysis.
For more information, see http://www.avt-systems.co.uk.
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AVT Systems is a London-based company and an independent provider of integrated voice and technology solutions. It supplies customers with a range of products and services including voice platforms; dealing solutions; technical support; consultancy services; and integrated time displays.
Its clients include Commerzbank; Barclays Bank; Credit Suisse; UBS; Man Financial; IBM; Lloyds TSB; ING Bank; FSA; Investec; Bank of New York; and ICM.
Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, is spearheading the meaning-based computing movement and was recently ranked by IDC as the clear market share leader in enterprise search with market share nearly double that of its nearest competitor. Autonomy's technology allows computers to harness the full richness of human information, forming a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, pan-enterprise search, information governance, end-to-end eDiscovery and archiving, records management, business process management, customer interaction solutions, and video and audio analysis, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base is comprised of more than 17,000 global companies and organizations including: 3, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler AG, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 350 companies OEM Autonomy technology, including BEA, Citrix, EDS, HP, Novell, Oracle, Sybase and TIBCO, and the company has over 400 VARs and Systems Integrators. The company has offices worldwide. For more information on Autonomy, please visit www.autonomy.com.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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