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SINGAPORE: 27 Nov 2015 — Singapore-based startup, Percipient, is set to disrupt traditional data aggregation and access technologies with the launch of its revolutionary UniConnect 2.0 platform.
Addressing the challenges long faced by data-driven businesses, UniConnect 2.0 is capable of unifying over 130 structured, unstructured and real time data sources through a unrivalled single interface. This not only helps resolve the pain of accessing previously incompatible data from legacy systems, it also enables companies to seamlessly connect data stored in traditional structured databases, with that from voice logs, emails, and social media, etc. All this can be performed in real time, using the most commonly used access language, SQL. In cases
where the data is already compressed for archival, this data can continue to be accessed without the cost and time needed for decompression, a feature unique to UniConnect. Features aside, part of UniConnect’s appeal is also its innovative pricing model. Rather than opting for traditional processor or user-based licenses, the cost of adopting Uniconnect’s technology will not grow as companies acquire and store more and more data.
An exhibitor at the Strata + Hadoop World conference to held in Singapore, Percipient is in talks with several banks and insurance companies around the Asia-Pacific region, and has secured a number of Proof of Concept (POC) projects. “The response has been very encouraging,” says Navin Suri, Percipient’s CEO, “including from a number of large local players. We believe data is the new battleground and businesses are looking to transform the way in which they collect, analyse and apply their
data.” UniConnect has particular resonance for financial services companies given previously uncontrolled expansion of banking systems to cope with the sector’s strong growth. Deutsche Bank, for example, hit the headlines last month when it announced that fragmented trading platforms had resulted in the costly maintenance of 46 separate data warehouses. The competition now posed by online banks is causing traditional players to
review, and, as in Deutsche’s case, completely overhaul their technology infrastructure.
About Percipient
www.percipientcx.com
Percipient was founded in December 2014 by four financial services professionals who held senior roles in technology, sales and communications. The Percipient team is based in Singapore, India and U.S.A. The company’s technology partner, Softenger, is based in Pune, India.
Media Relations Contact
Ai Meun Lim, Percipient, Chief Product Officer; Singapore; Phone 65-9795-4931; aimeun@percipientcx.com
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