On Oct. 2nd, over 250 hackers from universities across the nation will gather at Vanderbilt University for a hackathon weekend of collaboration, innovation, and great food. Digital Reasoning is proud to sponsor this event, which is coordinated by VandyHacks. This is the second national hackathon put on soley by Vanderbilt University students. In addition to monetary support, Digital Reasoning is providing several mentors who have deep experience in various Big Data and Open Source technologies. For more information about the hackathon, please visit www.vandyhacks.org.
Digital Reasoning's senior vice president of enterprise sales, Kiran Narsu, will join other thought leaders on Oct. 6th for the FX Trading Network event sponsored by Markets Media and the Aite Group. As part of an expert panel, Narsu and others will take a deep dive into the FX Market Structure.
Dr. David Bauer, Jr., Technical Director at Digital Reasoning, will present a talk titled "Practical Implementations of Cognitive Computing in the IC with the Inclusion Of Neural Networking and Deep Learning" at the AIE Symposium on Big Data for Defense & Intelligence. The symposium will take place in Washington, D.C., Oct. 8-9.
Digital Reasoning and Nasdaq will sponsor a webinar titled Trade Monitoring and Surveillance in FX Markets. The webinar is hosted by FX Week and will take place on Oct. 14 at 9amET.
Digital Reasoning is proud to sponsor MarketTech 2015, which will be presented by the TabbFORUM on Oct. 21 in New York City at the Westin Times Square.
Digital Reasoning is proud to return as a Silver Sponsor of the SIFMA Compliance & Legal (C&L) New York Regional Seminar, which will take place Nov. 2 in New York City at the Marriott Marquis.
Digital Reasoning CEO Tim Estes will speak at the Association for the Advancement of Artificial Intelligence (AAAI) Fall Symposium for Cognitive Assistance in Government and Public Sector Applications. The symposium will take place Nov. 12-14 at the Westin Arlington Gateway in Arlington, Va.
Digital Reasoning is honored to return as a sponsor and exhibitor of the AFCEA TechNet Asia-Pacific Expo - the region's premier event for defense and government technology. The expo will take place in Honolulu, Hawaii, Nov. 17-19.
Digital Reasoning is proud to be a Diamond Sponsor of this year's Big Data for Intelligence Symposium presented by the Defense Strategies Institute. The symposium will take place at the Mary M. Gates Learning Center in Alexandria, Va., Nov. 17-18 and is designed as an educational and training “Town Hall” forum, where thought leaders and key policy-makers across military and civilian organizations can come together for actionable discussions and debate.
NEW YORK CITY, October 1, 2015 – Digital Reasoning, a leader in cognitive computing, today announced a beta program for Synthesys Studio: a tool that will enable knowledge workers to quickly and intuitively train new language models. Launched at Strata + Hadoop World 2015, Synthesys Studio will be explored in a session entitled Cognitive Computing: From Theory to Ubiquity, delivered today at 4:35pm ET by Tim Estes, CEO and founder of Digital Reasoning, at the Javits Center Room 1 E6 /1 E7. Digital Reasoning can also be found at booth #665 in the Exhibit Hall.
The Internet has made it easier for children to be bought and sold online, because it has created a marketplace for purchasers to conduct illegal transactions and for exploiters to profit from the commercial sexual exploitation of children.
Cloudera and Digital Reasoning hosted an expert discussion on detecting insider threats and human risk with Hadoop and cognitive analytics for big data.
According to a 2014 report by CERT, 28 percent of electronic crime at US organizations is caused by insiders. Those charged with data security and compliance are increasingly aware of the insider threat: disruptive actions taken individuals that have a role within the organization.
Digital Reasoning is proud to return as a sponsor of Strata + Hadoop World, the premier event for cutting-edge technology, which will be held in New York City on Sept. 29th through Oct. 1st. Digital Reasoning founder and CEO, Tim Estes, will lead a session that explores how cognitive computing has made the transition from a theoretical technology into one that is having a transformative impact on business and our daily lives.
Digital Reasoning is proud to join other public and private sector thought leaders at this year’s Department of Defense Intelligence Information Systems (DoDIIS) Worldwide Conference. Hosted by the DIA Chief Information Office (CIO), the conference takes place August 23-26 in San Antonio, Texas. The 2015 conference's theme, “Accelerating Intelligence Integration-Powered by Innovation & Technology” has been designed to highlight the DIA CIO's commitment and intent to unify the defense intelligence infrastructure and information sharing initiatives through innovation, collaborative partnerships, and technologies.
Spies are infiltrating Wall Street.
A wave of companies with ties to the intelligence community is winning over the world of finance, with banks and hedge funds putting the firms’ terrorist-tracking tools to work rooting out employee misconduct before it leads to fines or worse.
“Both Wall Street and the intelligence world want the same thing: to find unknown unknowns in the data,” said Roger Hockenberry, the former chief technology officer of the Central Intelligence Agency’s clandestine services and now a partner at the consulting firm Cognitio Corp. in Washington.
“Financial firms aren’t looking for terrorists, but good customers and attempts at fraud,” he said.
There is a new world order coming to Wall Street.
Startups are taking on the financial sector. Some of the companies look to usurp traditional players, and others step into the gaps they've left behind.
Business Insider spoke to venture capitalists and banking veterans to put together a list of lesser-known startups, some of which are just a couple of month old.
NEW YORK, July 14, 2015 - Digital Reasoning, a leader in cognitive computing, today announced that it has been selected as the 2015 FX Week Best e-Surveillance Solution Provider for demonstrating industry-leading electronic communications surveillance capabilities to the global foreign exchange (FX) market.
In the wake of the historic fines handed down for manipulation of foreign exchange markets, banks are seeking solutions to prevent such collusive behaviour happening again. The challenge for financial institutions is finding ways to monitor the tens, if not hundreds, of millions of pieces of email, instant messages and phone transcriptions – a daunting task, to say the least.
NASHVILLE, Tenn., July 6, 2015 - Digital Reasoning, a leader in cognitive computing, today announced that it has trained the largest neural network in the world to date with a stunning 160 billion parameters. Google’s previous record was 11.2 billion, and Lawrence Livermore National Laboratory recently trained a neural network with 15 billion parameters.
Digital Reasoning is honored to have been invited to speak on the Social Justice panel at this year's 36|86 Conference in Nashville, Tenn., on June 8-10. Bill DiPietro, vice president of product management at Digital Reasoning, will share our recent experiences fighting human trafficking with our partner, Thorn.
Thank you to the brave Soldiers, Sailors, Airmen, Marines and Coast Guardsmen that have given their lives so that we may be a free country. Thank you also to the nearly 200,000 servicemembers that are currently serving overseas. Your willingness to fight the battles that must be fought and to lay down your lives, if necessary, in defense of your country inspires us every day.
With financial crime on the rise, reputations on the line, and regulators applying increasing pressure on financial institutions, Human Risk has become the leading exposure within the financial services industry. Aimed at senior risk and compliance executives, our Webinar will feature speakers from around the industry, discussing the increasing challenge of identifying and isolating individuals who are putting leading institutions at risk, and how to contain the blast zone before it’s too late.
Digital Reasoning is proud to sponsor this year's GEOINT Symposium in Washington, D.C. Digital Reasoning will be exhibiting our machine learning-based analytics platform, Synthesys, at booth #4138.
The GEOINT 2015 Symposium is scheduled for June 22-25, 2015 at the Walter E. Washington Convention Center in Washington, D.C. This year marks the first time the GEOINT Symposium will be held in the nation’s capital. There will be keynote addresses from leaders in the geospatial intelligence community, more than 200 exhibiting organizations, and many training and educational sessions.
Digital Reasoning is proud to sponsor the Amazon Web Services 6th annual Government, Education and Nonprofits Symposium June 25-26, 2015 in Washington, DC. It is one of the world’s largest public sector cloud events. The Symposium includes presentations by government, education, and nonprofit leaders and technical professionals across the world sharing how cloud services help them achieve their missions.
Digital Reasoning is proud to be a returning sponsor of the Defense Intelligence Information Enterprise (DI2E) Plugfest, which will be held on the campus of George Mason University on May 19th.
Digital Reasoning is excited to be exhibiting at this year's AFCEA Spring Intelligence Symposium on the campus of the National Geospatial-Intelligence Agency in Springfield, Va.
Cloud computing is increasingly being used for intelligence-gathering and “threat analysis” as government vendors like Amazon Web Services join forces with analytics outfits that are meshing cognitive computing and other forms of data analysis with cloud computing horsepower.
Among the initial platforms for much of this intelligence activity is the AWS “GovCloud,” a walled-off cloud region created after Amazon won a huge CIA cloud contract in 2013. GovCloud, which went live last year, includes special provisions to create a “government-community cloud” that meets additional security and operational standards such as restricting access to “U.S. persons.”
Digital Reasoning will be exhibiting at the 2015 Financial Industry Regulatory Authority (FINRA) Annual Conference in Washington, D.C., May 27-29.
The annual conference will include nearly 40 sessions with more than 100 speakers and will build upon "regulatory updates to provide compliance officers, legal professionals, branch managers and others with the tools to develop and maintain an effective compliance framework.
NASHVILLE, Tenn., April 24, 2015 - Digital Reasoning, a leader in cognitive computing, today announced significant customer momentum in financial services and the immediate availability of its next-generation electronic communications (eComms) solution, Synthesys 3.10. The solution transforms the way organizations monitor and investigate employee communications by leveraging machine learning technology that is capable of analyzing human language data at scale to provide valuable insights about risks and opportunities.
Banks are hunting for rogue traders the same way the Pentagon hunts for terrorists: By predicting their behavior.
Instead of looking for weapons deals and on-the-ground movement plans, predictive algorithms can spot shady bankers by tracking their emails when they talk about tickets to sports events and concerts. Cutting-edge analytics systems frown upon choice seats to the Super Bowl, which raise red flags for bribery.
Cognitive is a next computing paradigm, responding to demand for always-on, hyper-aware data technologies that scale from device form to the enterprise.
Cognitive computing is an approach rather than a specific capability. Cognitive mimics human perception, synthesis, and reasoning capabilities by applying human-like machine-learning methods to discern, assess, and exploit patterns in everyday data. It's a natural for automating text, speech, and image processing and dynamic human-machine interactions.
Wall Street traders are already threatened by computers that can do their jobs faster and cheaper. Now the humans of finance have something else to worry about: Algorithms that make sure they behave.
JPMorgan Chase & Co., which has racked up more than $36 billion in legal bills since the financial crisis, is rolling out a program to identify rogue employees before they go astray, according to Sally Dewar, head of regulatory affairs for Europe, who’s overseeing the effort. Dozens of inputs, including whether workers skip compliance classes, violate personal trading rules or breach market-risk limits, will be fed into the software.
Digital Reasoning is proud to be a Silver sponsor of the 2015 Synergy Forum, which will bring together government and industry practitioners driving our collective technology futures. This is a multi-disciplinary event examining the emerging mashup of physical and digital worlds. Attendees include policy-makers, architects, program managers and influencers in the federal government and the most forward thinking engineers, architects and innovators in the American technology ecosystem.
On April 19th, Digital Reasoning will join other industry leaders at the ACFCS 2015 Financial Crime Conference & Exhibition in New York City. Attendees will meet to discuss crucial topics across the full spectrum of financial crime, to share the best practices in combatting financial crime, and to see exhibits from leading technology experts like Digital Reasoning.
Depending upon whom you ask, the nascent field of cognitive computing is either the most important trend in technology since programmable computers, a massively intrusive spying tool that can lay bare our deepest secrets, or perhaps simply a powerful approach for processing diverse data sets to deliver insights that humans can understand.
In reality, the truth is some combination of all of the above – although everyone admits it’s still quite early days to make the final call. It’s not at all surprising, therefore, that the market is also quite confused about what cognitive computing really is.
On March 20th, 200 hackers from universities across the nation will gather at Nashville's Entrepreneurial Center for a 36-hour hackathon. Digital Reasoning is proud to sponsor this event, which is coordinated by VandyHacks. This is the first national hackathon put on soley by Vanderbilt University students. In addition to monetary support, Digital Reasoning is providing several mentors who have deep experience in various Big Data and Open Source technologies. For more information about the hackathon, please visit www.vandyhacks.org.
Franklin-based tech company Digital Reasoning led the way in a strong year for venture capital in Nashville in 2014, closing on a $24 million round led by big-name backers Goldman Sachs and Credit Suisse.
Nearly six months later, unsurprisingly, the new funding is having the biggest impact on the company's financial services offerings, according to Rob Metcalf, Digital Reasoning's president.
As federal cloud provider Amazon Web Services (AWS) readies its commercial cloud service for the CIA, other vendors are lining up to supply the analytical and other tools needed to harness the enormous amounts of data to be stored and analyzed in the emerging spy and other federal clouds.
Among them is new CIA partner Cloudera, which is promoting an enterprise data hub platform that seeks to add a layer of “pervasive analytics” via a unified framework and data formats along with security and administration. Pervasive analytics would be used by federal agencies like the CIA to drive data from analysts to decision makers, Mike Olson, Cloudera’s chief strategy officer, said at a company event in Tysons Corner, Va., this week.
Jobs were scarce for Estes when he left the University of Virginia with a degree in philosophy. He did the only reasonable thing - he started one himself.DigitalReasoning is the outgrowth of trying to understand massive amounts of data, or what is colloquially known as big data.
London, United Kingdom., February 11, 2015 - Digital Reasoning today announced that its cognitive computing platform, Synthesys, has achieved Oracle Big Data Appliance Optimized status through the Oracle PartnerNetwork (OPN). Digital Reasoning is also a sponsor of today’s Business Analytics Summit which is hosted by Oracle and where prospective customers can learn more about the combined offering.
ARLINGTON, Va. - Feb 03, 2015 - Digital Reasoning, a leader in cognitive computing, today announced the appointment of Kelly Collins and Dan Dzenitis to its public sector leadership team.
The rise and maturation of social media, mobile computing, and cloud technologies have reached a point of confluence that now results in unprecedented amounts of consumer data being managed by third parties, and consumer privacy has increasingly become a topic of mainstream conversation. Although consumer privacy in a cloud era is a complex conversation that's laden with buzzwords, the substrate is fairly fundamental and is predicated upon fundamental concepts of property rights and trust.
Digital Reasoning is proud to be a Gold sponsor of this year's Human Systems Conference, which will be held in Alexandria, Va., on Feb. 10-11. The conference will focus on the theme "Human Systems: Maintaining Our Physical Edge, Enabling Our Cognitive Edge" and will bring together experts within business, government, and academia to discuss game-changing innovations across five topic areas.
Banks are being forced into a major reassessment of how they monitor and survey human communications following the recent regulatory investigations into FX market manipulation.
With already over $3.3 billion in fines levied against a number of major banks for the alleged misconduct of individual traders in the FX market, experts say that banks are looking for new surveillance tools and techniques to help them reduce this exposure.
Digital Reasoning is proud to sponsor Oracle's Business Analytics Summit in London, England, on Feb. 11th. The summit will address how to build an intelligent enterprise in a digitally disruptive world, and will deliver talks across three industry tracks - Cloud, Big Data and Modernization.
Today enterprises are in a position to take advantage of All Data, be that Big Data from external sources, internal unstructured data, or structured operational transactional data. They can use the insight gained to identify new revenue opportunities, improve customer experience or deliver greater business efficiency. Encompassing all data, building platforms to provide agility and future proofing are all key in this.
The Digital Reasoning Family wishes our customers and partners the happiest of holidays.
Banks are looking towards increasingly sophisticated surveillance and monitoring technology in FX, as they seek to reduce their risk exposures and ensure regulatory compliance. Last month a group of banks led by Goldman Sachs and Credit Suisse invested $24 million in Digital Reasoning, a firm that provides cognitive computing technology that aims to analyze vast amounts of data while mimicking the human reading process.
LAS VEGAS - November 11, 2014 - Digital Reasoning, a leader in cognitive computing, today announced support for Amazon Web Services (AWS) GovCloud to streamline access to secure, high-performance analytics infrastructure for government agencies and departments that are seeking valuable insights from sensitive workloads.
Digital Reasoning has been selected to demonstrate Synthesys Cloud, running on GovCloud in the AWS Test Drive Showcase at this year's AWS re:Invent conference in Las Vegas. Conference attendees will be able to quickly launch and take a test drive of our cognitive computing platform at the event, while experiencing an immersive machine learning-based analytics demonstration.
Digital Reasoning is looking forward to joining other thought leaders and defense professionals for the 29th annual TechNet Asia-Pacific event on Dec. 9-11 in Honolulu, Hawaii. Over 3,000 defense and government technologists are slated to attend this premier regional event to discuss existing defense policies and challenges.
NASHVILLE TN and New York, NY – October 9, 2014 – Digital Reasoning, a leader in cognitive computing, today announced that it has raised $24 million in Series C funding led by Goldman Sachs and Credit Suisse NEXT Investors, LLC, a fund managed within Credit Suisse Asset Management. Digital Reasoning also announced the appointment of Tom Jessop, Managing Director, Principal Strategic Investments at Goldman Sachs to the Digital Reasoning board of directors.
Between allegations that they manipulated benchmark interest rates or wrote faulty mortgages, banks have racked up more than $170 billion in litigation costs since 2008, according to an estimate by the Macquarie Group (MQG:AU). So some financial institutions are investing in technology that can sift through millions of e-mails, instant messages, and transcripts of telephone calls to spot suspicious behavior before it explodes into a mess of lawsuits and fines.
Digital Reasoning is excited to sponsor the SIFMA Listed Options Symposium in New York City on Oct. 30. The symposium will bring together industry leaders as well as exchange and regulatory experts to discuss the competitive and regulatory landscapes that Exchanges operate in today and the impact of market structure evolution. For more information, visit the SIFMA website here.
On Oct. 23rd in London's Canary Wharf, Digital Reasoning, Accenture and Oracle will host a Risk & Compliance Point of View briefing.Thought leaders from the financial services industry will join other executives and practitioners in an open and lively discussion regarding how financial services organizations are leveraging Big Data to reveal new insights and outcomes that are transforming their business.
NASHVILLE, Tenn., September 8, 2014 – Digital Reasoning, a leader in cognitive computing, today announced immediate availability of Synthesys® 3.9, the latest release of its machine learning platform for analyzing human language data at scale.
Digital Reasoning is proud to exhibit at the inaugural Intelligence and National Security Summit (Summit), taking place September 18-19, 2014 at the Omni Shoreham Hotel, Washington, DC; co-sponsored by AFCEA International (AFCEA) and the Intelligence and National Security Alliance (INSA).
Digital Reasoning is proud to have been selected to exhibit at the upcoming Intelligence Community (IC) Cloud Technology Expo at CIA headquarters on Sept. 10th.
The expo will provide Digital Reasoning an opportunity to showcase our cloud-ready, machine learning platform, Synthesys, and for attendees to learn about our new Open Source Intelligence (OSINT) and Activity Based Intelligence (ABI) initiatives.
In a recent post to AnalystOne, Captain Nick Buck talks about the current state of technology within the intelligence community and challenges facing analysts as they are tasked to stay ahead of the adversary.
Digital Reasoning is using military-grade tech to help banks sense trouble before it happens.
When Tim Estes founded Digital Reasoning in 2000, he couldn’t have imagined that he would spend the next decade using software to help the U.S. Department of Defense track suspected terrorists across the globe. It’s exactly what happened.
Digital Reasoning is proud to sponsor this year's Army Intelligence Industry Day on Sept. 4th in Chantilly, Va. AFCEA Intelligence and the Office of the Deputy Chief of Staff for Intelligence, Headquarters, U.S. Army, will co-sponsor a special, one-day classified event tailored for members of industry focused on U.S. Army Intelligence.
Digital Reasoning's founder and CEO, Tim Estes, will join Hays "Skip" McCormick from the Central Intelligence Agency (CIA) for the July 31st Foundation for Innovation & Discovery (FINND) mission forum titled "Empowering the Vendor Community for the Commercial Cloud".
Mission critical intelligence programs within Defense, Intelligence, and Law Enforcement organizations require analytics and computing platforms that can rapidly adapt to the changing needs of the intelligence analyst. With a wealth of information residing within the public domain, intelligence officials are increasingly interested in organizing and unifying public sources of information in order to enhance situational awareness. As this need for unclassified intelligence continues to grow, the requirement for a flexible and intelligent analytics solution delivered via a scalable and reliable cloud environment will become critical.
Digital Reasoning is proud to participate in the second annual DIA Innovation Symposium 2014 to be hosted at DIA Headquarters in Washington, DC on June 24–25, 2014. The theme for DIA Innovation Symposium 2014 is “Embracing Agility in a Rapidly Changing World.” This Innovation Symposium will be an opportunity for industry partners to hear presentations from Agency senior leadership on DIA’s current challenges and efforts to maximize agility for a rapidly changing global landscape. This is a tremendous opportunity for industry, small business, and academia to partner with DIA.
When Franklin-based Digital Reasoning was asked if they could build a tool to help Thorn — an organization founded by Ashton Kutcher and Demi Moore — find and save children who may be victims of sex trafficking or exploitation, Rob Metcalf, Digital Reasoning's president and COO, was happy to give it a try.
"It's not something we've done before," Metcalf said of what the organization was asking, but it "seemed like a good fit."
"As a business guy, I’m inclined to say, 'let’s figure it out,' ” Metcalf said.
To be agile in today’s distributed, dynamic, and disrupted business environment requires full situational awareness of risk. However, most financial organizations manage islands of data and fail to see the interconnections of risk across these data sources. What might seem trivial by itself actually acts as part of an interconnected web of risk that in aggregate can be very significant and troubling.
Learn how financial institutions are now leveraging advanced analytics and unstructured data (Big Data) to help them achieve a comprehensive and cohesive situational awareness strategy, while significantly reducing their operational costs and their reputational and regulatory risks.
Digital Reasoning is proud to exhibit at this year's NSA SIGINT Development Conference. The two-day conference and expo will be held at Ft. Meade, Maryland, and will focus on the preeminent intelligence issues facing those who are tasked with SIGINT as part of their mission. Over 1500 participants from the US intelligence community and throughout the world will attend this conference.
Sometimes the good guys do win, and this month’s recognition of Thorn: Digital Defenders of Children, for applying innovative technology to combat the sexual exploitation of children was a moment to celebrate. It’s also a call to double down and push forward.
Digital Reasoning is proud to return as a sponsor of the second annual Hack for Change event in Nashville. The event, which is part of the National Day of Civic Hacking, is one of 120 planned events across 100 communities around the world. Hack for Change aims "to bring together concerned citizens, developers, designers and entrepreneurs to collaborate with local and state governments and nonprofits to build new technology solutions on publicly-available data." Nashville's mayor, Karl Dean, signed an executive order to provide a number of government data sets on its website for download so that citizens or citizen groups can create useful applications.
Thank you to the brave men and women that have given their lives so that we may be a free country. To the Soldiers, Sailors, Airmen, Marines and Coast Guardsmen - thank you. You have traded comfort for conviction, and put the needs of your country before your own. Your willingness to fight the battles that must be fought and to lay down your lives, if necessary, in defense of your country inspires us every day.
Centered in the world's financial capitals, New York City & London, Digital Reasoning will host executive roundtables focused on the industry’s evolving Risk & Compliance challenges. The initial event, which will be held in New York City on June 10th, will feature Peter Ferns, CTO of Core Compliance IT at Goldman Sachs, and Michael Rasmussen, Chief GRC Pundit and founder of GRC 20/20. With a follow-up roundtable that will be held in London later this year.
The Defense Intelligence Information Enterprise (DI2E) Plugfest is the annual demonstration of advancements in the DI2E. The purpose is to provide an environment of networked, interoperable and reusable components, the Plugfest eXchange, where vendors are able to deploy and show their tools to provide flexible, agile and data-driven capabilities to Warfighters.
Digital Reasoning is proud to be a returning sponsor to HackNashville taking place May 2-4. This bi-annual hackathon was created to provide developers and designers a place to come together in a completely organic, unrestrained environment to create. For an entire weekend, hundreds of innovators descend on Nashville from all over and are provided with a cool atmosphere, free food, drinks and swag. Then, like magic, they make amazing SaaS applications, mobile apps, or even hardware mashups in less than 48 hours! HackNashville is currently sold out. Learn more at www.hacknashville.com. Follow @dreasoning and @hacknashville on Twitter to receive live updates from the event.
Digital Reasoning is proud to have been selected to present at this year's TraderForum annual conference at the Waldorf Astoria in Chicago on May 9th. Rob Metcalf, president and COO at Digital Reasoning, will speak at the IdeaLab, which is a round-robin format designed to showcase interesting innovations in trading or investment technology. TraderForum, founded in 1984, is the premier invitation-only membership network for equity traders at leading asset management firms nationwide. The two-and-a-half-day conference takes place each spring alternatively between the East and West Coasts and is programmed for high-level delegates only. The agenda of this meeting focuses on how head traders can improve procedures on their desks, better manage their brokerage relationships, and structure their desks in a changing marketplace.
So what's a smart machine? As a computing model designed to analyze growing volumes of unstructured data, including video, images, and human language, a smart machine, or cognitive computing system, uses artificial intelligence and machine learning algorithms to "sense, predict, infer and, in some ways, think," according to IBM.
In a recent report, "Cool Vendors in Smart Machines, 2014," Gartner named three well known examples of smart machines, including IBM's Watson, Google Now, and Apple's Siri, and predicted the technology will gain wider acceptance this decade. It also spotlighted a few up-and-coming vendors in the genre, including AlchemyAPI, Digital Reasoning, Highspot, Lumiata, and Narrative Science.
One of the technology companies that has gained from banks' increased vigilance is Digital Reasoning, based outside Nashville in the U.S. state of Tennessee.
Digital Reasoning's software can scan up to billions of communications from thousands of traders, spotting language patterns and raising a red flag to potentially dubious activity.
Rob Metcalf, the company's president and chief operating officer, told Reuters there has been a sharp increase in interest for this software from banks over the last six months, just as the global investigation has taken off.
NASHVILLE, Tenn. April 16, 2014 – Digital Reasoning, a leader in cognitive computing, today announced it has been included in the Cool Vendors in Smart Machines, 2014 report by leading analyst firm, Gartner.
Cognitive Computing stands as the single greatest disruption of our global society since the Industrial Revolution. Where the maturation of the Industrial Revolution created the magical gains in productivity that yielded the delivery of mass goods across the country and then across the world, the age of cognitive computing stands to amplify, augment, and multiply the productivity in ways that would have been unimaginable just a few years ago.
In the aftermath of Sept. 11, the federal government hired Brentwood-based Digital Reasoning to help fight terrorism with its technology.
And when the financial crisis erupted in 2008, banks realized they needed better ways to spot internal trouble spots, and turned to Digital Reasoning.
As the world's largest and least regulated financial market, and with close to $5.3 trillion dollars being traded each day – the foreign exchange market seems primed for manipulation. Just in the last 48 hours the investigation into alleged abuse has broadened to Switzerland, Hong Kong and New Zealand and is keeping regulators across the globe scrambling for answers.
At the beginning of each release cycle, engineers at Digital Reasoning are given time to explore the latest in Big Data technologies, examining how the frequently changing landscape might be best adapted to serve our mission. As we sat down in the early stages of planning for Synthesys 3.8 one of the biggest issues we faced involved reconciling the tradeoff between flexibility and performance. How can users quickly and easily retrieve knowledge from Synthesys without being tied to one strict data model?
NASHVILLE, Tenn. March 5, 2014 – Digital Reasoning, a leader in cognitive computing, today announced that their machine learning platform, Synthesys®, has been honored with a 2014 GRC Technology Innovation Award by independent GRC analyst firm GRC 20/20.
The third annual GRC Technology Innovation Awards recognize technologies that are revolutionizing the Governance, Risk Management and Compliance (GRC) market. Fifteen technologies were selected out of 62 applicants after being carefully evaluated for their innovation.
Digital Reasoning will be exhibiting at ACAMS' annual international conference on Anti-Money Laundering and Financial Crime. According to ACAMS, "delegates representing the world's leading banks, securities firms, and government and law enforcement agencies, will gather to assess the global impact of financial crime and offer insight on innovative best practices, methods and trends to mitigate the impact of these offenses on not only financial institutions and related businesses but society as a whole." Digital Reasoning works with many of the leading global banks and financial services organizations and their most demanding use cases to identify previously unknown relationships, networks, activities and behaviors. Stop by and visit us at Booth #203.
The Compliance & Legal Seminar is SIFMA’s annual marquee event designed for the Financial Services, Compliance & Legal communities that brings together leading experts who represent capital markets, regulatory agencies, and partnering law firms to discuss the most critical issues currently facing financial services and how to best address them in 2014. Visit Digital Reasoning at booth #200 to learn more about how Synthesys is aiding financial institutions in the area of proactive compliance with technology that understands human communication.
The GEOINT Symposium hosted by the United States Geospatial Intelligence Foundation, is the nation’s preeminent intelligence event bringing together an exciting agenda of keynote speakers, panel discussions, and breakout sessions providing attendees a unique opportunity to learn from leading experts, share best practices, and uncover the latest developments from government, military and private-sector leaders.
We’re so excited to start 2014 with our latest platform release, Synthesys 3.8. This release, like previous ones, moves the bar forward in terms of our industry-leading advanced analytics; it also includes innovations that we’ve been working on through the course of 2013 and that are focused on providing aggregated knowledge of people, places and activities – delivered using new real-time query capabilities and a whole new user experience we call Synthesys Glance™.
NASHVILLE, Tenn. January 29, 2014 – Digital Reasoning, a leader in cognitive computing, today announced General Availability of Synthesys® 3.8, the latest release of their patented machine learning platform.
Digital Reasoning is proud to sponsor the first annual PyTennessee Regional Conference, welcoming Python beginners and experts to the great city of Nashville where participants will collaborate and learn new Python skills during info sessions, workshops and lightening talks. Make sure to check out Digital Reasoning CTO Matthew Russell's session, Why Twitter is All the Rage from a Data Miner's Perspective.
At this joyous time of year, we are grateful for our many talented employees, valued clients and integral partners. We wish you all happiness, peace, and prosperity in the new year.
Here at Digital Reasoning we spend a lot of time living in the cloud thinking about how we can leverage cloud infrastructures and how our clients can experience our products in new and innovative ways. Cloud computing offers a variety of features and benefits, but for us one of the biggest advantages is the flexibility it offers.
Digital Reasoning is proud to exhibit at the 2013 Law Enforcement & Homeland Security Forum and Technology Exposition, which is being presented by the National Reconnaissance Office (NRO) and Interagency Council for Applied Homeland Security Technology (ICAHST).
In partnership with the Office of the Director of National Intelligence (ODNI) Foreign Language Program Office, the Defense Intelligence Agency’s (DIA) Center for Language, Regional Expertise and Culture (LREC) is proud to present the Intelligence Community Human Language Technology (HLT) Showcase.
In a budget-constrained federal environment, a common mantra is “do more with less.” With Digital Reasoning’s machine-learning platform, Synthesys®, it is now possible to augment analysts by enabling these valuable individuals to quickly analyze troves of data that would normally have taken many thousands of analysts an inordinate amount of time to complete.
Analysts today are often still unable to efficiently mine their poorly structured data (e.g. social media, email communications, instant messaging, etc.) This presents a real analysis challenge for policy and decision makers, as information isn’t transformed to knowledge quickly enough, and when expedited, the information isn’t always as accurate as expected.
NASHVILLE, Tenn. November 13, 2013 — Digital Reasoning, a leader in cognitive computing, today announced it was named to Deloitte’s Technology Fast 500™. Deloitte’s Fast 500 list provides a ranking of the fastest growing technology companies in North America as a way to recognize them for their technological innovation, entrepreneurship and rapid growth. Digital Reasoning also announced the appointment of Abe Danziger as its senior vice president services, and the opening of its first European office in London, United Kingdom.
LAS VEGAS November 13, 2013 – Digital Reasoning, a leader in cognitive computing, today announced at the AWS re:Invent conference that it will offer a cloud version of its Synthesys® Machine Learning Platform via the AWS Marketplace. Synthesys Cloud consists of an Amazon Machine Image (AMI) that contains all the software necessary to run Synthesys on an Hadoop/HBase cluster under Amazon Elastic Compute Cloud (Amazon EC2).
NEW YORK October 28, 2013 – Digital Reasoning, a leader in cognitive computing, announced that its Chief Technology Officer, Matthew Russell, will be presenting today at O’Reilly’s Strata Conference + Hadoop World in New York City. Russell’s workshop entitled “Mining Social Web APIs with IPython Notebook” discusses how to minimize barriers to exploring valuable data from various social media web properties like Twitter, Facebook, LinkedIn and Google+.
What Is HackNashville?
One might describe it, if one were a programmer, as pure awesomeness - a feeling of being one with the Force for 48 hours of pure happiness and joy.
Of course, the only time that feeling is applicable is right after you demo your app for which you sacrificed 2 nights of sleep, personal hygiene, and proper nutrition.
Then you just want to sleep.
Unstructured data — everything from social media posts and sensor data to email, images and web logs — is growing at an unprecedented pace. Here are just a few mind-blowing statistics: Twitter sees about 175 million tweets each day and has more than 465 million accounts. 571 new websites are created every minute of every day. And the world creates 2.5 quintillion bytes of data per day from unstructured data sources like sensors, social media posts and digital photos. Clearly, unstructured data is growing exponentially, and government is no exception.
It’s been only five years since the global financial crisis of 2008. At the time it seemed like the domino effect of bank failures, the liquidity crisis and the ensuing global recession was enough to bring down even the strongest of financial infrastructures. But as governments around the world took the necessary steps to slow and eventually stop the crisis, banks, regulators and economists were given the opportunity to analyze exactly what went wrong.