Numerical analysis

Numerated and Finastra Partnership Offers Seamless Integration for Loan Document Preparation

Retrieved on:

Tuesday, July 11, 2023

Partnership, Finastra, Cryptocurrency, Real estate, Numerical analysis

Boston, July 11, 2023 /PRNewswire-PRWeb/ -- Today, Numerated, the data-driven lending platform creating the fastest and easiest digital lending experience for business borrowers, announced its partnership with Finastra to provide an efficient integration with LaserPro.

Key Points:

Boston, July 11, 2023 /PRNewswire-PRWeb/ -- Today, Numerated , the data-driven lending platform creating the fastest and easiest digital lending experience for business borrowers, announced its partnership with Finastra to provide an efficient integration with LaserPro.
With the addition of this integration, lenders using LaserPro can leverage their existing document processes in combination with Numerated's powerful, digital application experience.
The partnership allows for lenders to move loans from the Numerated platform into LaserPro with ease.
"At Numerated, we're dedicated to gathering feedback from customers to help drive our product roadmap, and this integration reflects that," said Numerated Chief Product Officer Adam Kenney.

Numerated Accelerates Growth in 2023 Through Partnership with a Tier 1 Global Bank

Retrieved on:

Thursday, June 22, 2023

API, Growth, Digital, AI, OCR, Partnership, Machine learning, Financial services, Bank, Numerical analysis

BOSTON, June 22, 2023 /PRNewswire-PRWeb/ -- Today, Numerated, the data-driven lending platform creating the fastest and easiest digital experience for business borrowers, announced a new milestone in its path to transforming the future of business lending with the recent signing of a Tier 1 Global bank.

Key Points:

Since announcing availability in December of 2021, Numerated has offered lenders a lightning-fast financial spreading and underwriting solution.
After an extensive evaluation of all market-leading solutions, Numerated was chosen among four finalists for its ability to best meet the bank's strategic needs.
Moreover, the solution's automated processing will drive further value by helping the bank maximize the productivity of their underwriting staff to manage global scale and rapid growth.
"Partnering with an organization of this size proves the true value of what we're building at Numerated," said Numerated President David O'Malley.

Numerated Expands Strategic Partnership with JAM FINTOP

Retrieved on:

Tuesday, March 28, 2023

Pain, Growth, JAM, Partnership, Intelligence, Bank, Numerical analysis

BOSTON, March 28, 2023 /PRNewswire-PRWeb/ -- Today Numerated, the fast-growing fintech transforming the way financial institutions lend to businesses, announced its extended strategic partnership with JAM FINTOP, a leading fintech investor with over 140 years of collective experience.

Key Points:

After 5 years of partnership, JAM FINTOP and Numerated announce even closer working relationship
BOSTON, March 28, 2023 /PRNewswire-PRWeb/ -- Today Numerated, the fast-growing fintech transforming the way financial institutions lend to businesses, announced its extended strategic partnership with JAM FINTOP, a leading fintech investor with over 140 years of collective experience.
Numerated and the principals of JAM FINTOP have had a successful 5-year partnership of working together.
"Over the last 5 years, Numerated has demonstrated its ability to quickly adapt and capitalize on marketing opportunities and empower financial institutions to deliver sophisticated lending solutions to their business customers," said JAM FINTOP Managing Partner Joe Maxwell.
Our expanded partnership with JAM FINTOP will enable us to drive continued growth and help even more institutions transform their business lending and credit processes."

Numerated Ranks No. 7 on the 2023 Inc. 5,000 Regionals Northeast List

Retrieved on:

Tuesday, February 28, 2023

Name, Fintech, Regionals, Friction, Retail, Numerical analysis

BOSTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- Today, it was announced that Numerated, the modern, data-driven digital lending solution for business banking, ranked No. 7 on the third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing Northeast private companies.

Key Points:

7 on the 2023 Inc. 5000 Regionals Northeast list.
BOSTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- Today, it was announced that Numerated, the modern, data-driven digital lending solution for business banking, ranked No.
7 on the third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing Northeast private companies.
For a complete list of the 2023 Inc. 5000 Regionals honorees from the Northeast, visit inc.com/northeast.

Yousef Saad is the 2023 SIAM John von Neumann Prize Lecturer

Retrieved on:

Thursday, January 26, 2023

Philadelphia, PA, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The 2023 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – is awarded to Yousef Saad, University of Minnesota, in recognition of his fundamental contributions to scientific computing.

Key Points:

Philadelphia, PA, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The 2023 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – is awarded to Yousef Saad, University of Minnesota, in recognition of his fundamental contributions to scientific computing.
SIAM awards the John von Neumann Prize annually to an individual for outstanding and distinguished contributions to the field of applied mathematics and for the effective communication of these ideas to the community.
This prize was established in 1959 to honor John von Neumann, a Hungarian American mathematician, physicist, and computer scientist, whose seminal work helped lead to the founding of modern computing.
Saad will be awarded the John von Neumann Prize and deliver the associated lecture at the 2023 ICIAM Congress, which will be held August 20 – 25, 2023, in Tokyo, Japan.

Numerated Named the Fastest-Growing Fintech SaaS Platform by Inc. Magazine

Retrieved on:

Tuesday, August 16, 2022

Intelligence, Growth, Software as a service, Microsoft, No, Inc. (magazine), 5000 (number), Time, Efficiency, Video game, Bank, Zappos, Intuit, Numerical analysis

BOSTON, Aug. 16, 2022 /PRNewswire-PRWeb/ -- Numerated, the fintech transforming the way financial institutions lend to businesses, has been ranked the fastest-growing fintech SaaS platform, the fastest-growing company in Massachusetts, and the 65th fastest-growing company in the United States on this year's Inc. 5,000 list of the fastest-growing private companies. This is Numerated's second consecutive year ranking No. 1 in Boston.

Key Points:

1 fastest-growing fintech SaaS platform according to the 2022 Inc. 5,000
BOSTON, Aug. 16, 2022 /PRNewswire-PRWeb/ -- Numerated , the fintech transforming the way financial institutions lend to businesses, has been ranked the fastest-growing fintech SaaS platform, the fastest-growing company in Massachusetts, and the 65th fastest-growing company in the United States on this year's Inc. 5,000 list of the fastest-growing private companies.
32 on last year's Inc. 5,000 list , Numerated has been reinvesting its resources from growth into transforming more of the market for commercial loans.
Over 140 financial institutions have leveraged Numerated to process more than $50 billion in lending to businesses.
The platform uses data to streamline originations for any business banking product, from application to decision to close.

BBVA and Zapata Computing Release Study Showing the Potential to Speed Up Monte Carlo Calculations for Credit Valuation Adjustments with Quantum Computing

Retrieved on:

Wednesday, June 9, 2021

Academic disciplines, Applied mathematics, Fields of mathematics, Mathematical finance, Quantum information science, Monte Carlo methods in finance, Credit risk, Monte Carlo method, Numerical analysis, Rigetti Computing, Credit valuation adjustment, Quantitative analysis

The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.

Key Points:

The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.
Monte Carlo simulations are commonly used for credit valuation adjustment (CVA) and derivative pricing.
Zapata and BBVAs research reveals practical ways for quantum algorithms to speed up the Monte Carlo simulation process.
Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti.

NI Expands Global Network to Serve Small Businesses

Retrieved on:

Wednesday, May 12, 2021

Data management, Engineering, Semiconductor, Technology, Manufacturing, Software, Hardware, Mathematical software, Numerical analysis, National Instruments, LabVIEW, NI, Computer programming

\xe2\x80\x9cThat\xe2\x80\x99s why we\xe2\x80\x99re taking important steps to serve our customers in ways that help them the most, including new avenues to purchasing NI products and solutions.\xe2\x80\x9d\nNI is also committed to purchasing more from small and diverse businesses.

Key Points:

\xe2\x80\x9cThat\xe2\x80\x99s why we\xe2\x80\x99re taking important steps to serve our customers in ways that help them the most, including new avenues to purchasing NI products and solutions.\xe2\x80\x9d\nNI is also committed to purchasing more from small and diverse businesses.
As outlined in its 2030 Corporate Impact Strategy, Engineering Hope , NI has put forth a goal stating that by 2030, 16% of NI suppliers will be small or diverse businesses.
\xe2\x80\x9cWe\xe2\x80\x99re excited to celebrate Small Business Month for this reason \xe2\x80\x94 to help equip more engineers with the tools and technologies they need to take on their next big opportunity.\xe2\x80\x9d\nLearn more about NI\xe2\x80\x99s expanded global distribution network and how it\xe2\x80\x99s celebrating the SMB community this month.\nAt NI, we bring together the people, ideas and technology so forward thinkers and creative problem solvers can take on humanity\xe2\x80\x99s biggest challenges.
From data and automation to research and validation, we provide the tailored, software-connected systems engineers and enterprises need to Engineer Ambitiously\xe2\x84\xa2 every day.\nNational Instruments, NI, ni.com, LabVIEW, FlexLogger and Engineer Ambitiously are trademarks of National Instruments Corporation.\nAn NI Partner is a business entity independent from NI and has no agency, partnership or joint-venture relationship with NI.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210512005331/en/\n'

GeoPark Announces Successful First Phase of Its Strategic Deleveraging Process

Retrieved on:

Thursday, April 22, 2021

Oil, Gas, Energy, Arithmetic, Fields of mathematics, Articles, Academic disciplines, Numerical analysis, Computer arithmetic, Rounding, Theory of computation, Significant figures, Forward-looking statement

Percentage figures included in this press release have not in all cases been calculated based on such rounded figures but based on such amounts prior to rounding.

Key Points:

Percentage figures included in this press release have not in all cases been calculated based on such rounded figures but based on such amounts prior to rounding.
For this reason, certain percentage amounts in this press release may vary from those obtained by performing the same calculations using the figures in the financial statements.
In addition, certain other amounts that appear in this press release may not sum due to rounding.\nThis press release contains statements that constitute forward-looking statements.
If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources.

Frontline Systems' Analytic Solver® Empowers Excel Users to Create and Deploy Analytic Models in Cloud-Based Applications

Retrieved on:

Tuesday, April 20, 2021

Programming languages, Mathematical software, Numerical analysis, Mathematical modeling, Microsoft Excel, AMPL, Numerical software, Pyomo

It is upward compatible from the Solver in Excel, which Frontline originally developed for Microsoft.

Key Points:

It is upward compatible from the Solver in Excel, which Frontline originally developed for Microsoft.
"Analytic Solver and RASON users can \'move beyond Excel\' to gain cloud-based model and data access, management and governance, without losing the advantages of Excel.
Among other benefits, this means that users of @RISK from Palisade Corporation can easily convert their models to Analytic Solver, where they can be run in Excel for the Web, published to RASON without coding, and managed as RESTful cloud services.\nAnalytic Solver users receive major functional and performance enhancements for analytic modeling every year.
They can use tools to create and solve models in Excel and RASON, exercise the REST API, try out dozens of example models illustrating use of decision tables, predictive models and machine learning, optimization and simulation, and download the Analytic Solver and RASON User Guides and Reference Guides in PDF form.