This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Appfluent And IGATE Patni Form Strategic Alliance

Rationalize Reference Data Management Costs and Mitigate Risks

ROCKVILLE, Md., Sept 1, 2011 /PRNewswire/ -- Appfluent Technology, Inc., the leader in business activity and data usage software for Big Data, and iGATE Patni, one of the leading global providers of information technology services and business solutions today announced a strategic alliance that will enable enterprises to leverage Appfluent's data usage analytics within iGate Patni's Reference Data Management solutions.

iGATE Patni will embed Appfluent's software in " iGATE Patni RADAR", a multi-step Reference and Data Rationalization program that will help financial services companies mitigate their risk and rationalize the cost of managing their reference data. The iGATE Patni RADAR enables an institution to understand the volume, expense, source, and flow of reference data within the institution, allowing IT to better align with the business and reduce total cost of data management while driving the success of business intelligence and data warehouse initiatives.  

With Appfluent, iGATE Patni customers will be able to:
  • Measure how business units and departments are utilizing data to better justify costs and more efficiently prioritize resources
  • Gain insight into how data is being used in data warehouses to retain and optimize the most relevant data
  • Audit user activity across BI applications, reports, and databases to ensure the trusted usage of sensitive corporate information.

"To help reduce operational costs and risks, financial firms need a good understanding of how reference data is sourced, cleansed, transformed and consumed throughout the firm. iGATE Patni RADAR as a service addresses these issues and our alliance with Appfluent will enable us to efficiently model data consumption throughout the enterprise" says Fred Cohen Group Vice President Capital Markets & Investment Banking at iGATE Patni.

"IT organizations lack visibility into the business usage of data leading to escalating data management costs, operational inefficiency and risk." said Frank Gelbart, Appfluent CEO.  "Appfluent and iGATE Patni have partnered to enable FORTUNE 1000 companies to better leverage strategic value of data, contain costs and mitigate data access risks."

About Appfluent Technology, Inc. Appfluent  enables enterprises to manage Big Data smarter and better aligned with the business . Appfluent Visibility® provides visibility into business activity, exposes how data is used and what data is unused, and tracks inappropriate user activity. With insight provided by Appfluent, IT organizations can rationalize costs and plan investments, respond faster with fewer resources and more efficiently manage exploding data growth. Visit

Appfluent is a registered trademark of Appfluent Technology, Inc. All other products, services and company names mentioned herein may be trademarks of their respective owners. Contact Information: Santosh Chitakki, 1-301-770-8643

About iGATE Patni'iGATE Patni' is the common brand identity of two organizations - iGATE and Patni as a result of the acquisition of Patni Computer Systems Limited by iGATE Corporation. Between the two companies, the brand iGATE Patni provides full-spectrum consulting, technology, business process and product engineering outsourcing services on a Business Outcomes-based model. Armed with over three decades of IT Services experience and powered by the iTOPS (Integrated Technology and Operations) platform, iGATE Patni's multi-location global organization with a talent pool of 26000+ people, consistently delivers effective solutions to over 360 Fortune 1000 clients spanning across verticals like:  banking & financial services; insurance & healthcare; life sciences; manufacturing, retail, distribution & logistics; media, entertainment leisure & travel; communication, energy & utilities; public sector; and independent software vendors. Visit:

iGATE Corporation is listed in NASDAQ (IGTE) and Patni Computer Systems Limited in BSE (532517), NSE (PATNI) and NYSE listed (PTI).iGATE Patni Media Contact: Prabhanjan Deshpande "PD" Corporate Communication and Media Relations +91 80 4104 5006

SOURCE Appfluent Technology, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs