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February 2, 2016

HPE Unveils Investigative Analytics

Feb. 2 — Hewlett Packard Enterprise (NYSE: HPE) today announced the availability of HPE Investigative Analytics, a new software solution that enables financial institutions and other highly regulated organizations to identify and analyze risk events, and take action to prevent them.

Financial services organizations are under enormous pressure to comply with ever-changing regulatory requirements, identify rogue activity and stop fraudulent behavior. To do this effectively, they require a solution that can rapidly understand all forms of data within their enterprise.

HPE Investigative Analytics combines aspects of the company’s market-leading information governance software, including HPE Digital Safe, with its big data analytics technologies HPE IDOL and HPE Vertica, for mining and understanding data. The new solution automatically detects patterns and anomalies by considering both structured (e.g. risk systems, pricing systems, directories, HR systems, etc.) and unstructured data (e.g. voice, chat, email).

“An ever-increasing amount of enterprise data combined with escalating fines and sanctions is creating a risk threshold that organizations are no longer able to ignore, particularly in highly regulated industries,” said Laura DuBois, Group Vice President, Enterprise Storage, Servers and Infrastructure Software at IDC.  “A software solution like the one from Hewlett Packard Enterprise, which delivers insight into both structured and unstructured data – to not only identify and analyze risk events, but also take action to prevent them – is quickly becoming an industry mandate.” 

“Keeping ahead of unethical and illegal activity is imperative for highly regulated organizations of all sizes today in order to protect themselves from fines and sanctions that can materially affect shareholder value,” said David Jones, Senior Vice President and General Manager, Information Management & Governance, Hewlett Packard Enterprise. “With HPE Investigative Analytics, we have built on our strong heritage in compliance and analytics software to deliver a solution that analyzes more data at a deeper level than alternatives to deliver the greatest amount of insurance possible to our customers.”

HPE’s Investigative Analytics is a complete surveillance and analytics solution that casts a wide net across enterprise information and has a 200x greater hit rate on potentially risky information compared to any other compliance and risk management system of record. The key capabilities of HPE Investigative Analytics are as follows:

  • Curated Data Lake: Enriches information from disparate data sources (i.e. email, IM and voice archives, etc.) as well as structured data from trading, risk, market and surveillance systems to provide a single view across both structured and unstructured information – regardless of source.
  • Machine Learning-Based Analytics: Leverages investigative analytic human behavior models to measure for risks and flag potential problems identified by connecting to business and market activity feeds and scores information against these events using a series of Key Risk Indicators (KRIs).
  • Secure Access with Rationalized Results: Secures, audits and streamlines access to every drop of the data lake while utilizing the capabilities of HPE IDOL and HPE Vertica to synthesize, analyze and produce actionable insights.
  • Models Human Behavior to Measure Risk & Raise Alerts: Connects to business and market activity feeds, such as trade alerts, market events, or research publications, and retroactively scores content against these events using a series of Key Risk Indicators (KRIs). HPE Investigative Analytics uses a variety of out-of-the-box or user-defined Key Risk Indicators (KRIs), which vary from a lexical analysis of terms such as mentions of the company near opinions derived from sentiment analysis —“I’m bullish on MSFT”— to more complex language models looking for potentially manipulative language.

HPE Investigative Analytics is available directly from Hewlett Packard Enterprise, and also from select partners, who will re-sell the software and provide added value.

HPE Investigative Analytics aligns directly to HPE’s transformational strategy around protecting the digital enterprise.  The solution will initially be focused on financial services organizations, and will later be extended to customers in other highly regulated industries, such as sciences/pharma, energy, oil and gas, and manufacturing.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is an industry-leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

Source: Hewlett Packard Enterprise

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