The exponential increase in the amount of data held by financial institutions, 80 percent of which is unstructured data, is fast becoming a key challenge for CTOs/CIOs in financial institutions around the globe.
In a recent Business Debate interview published on its Wall Street Journal partner site, Pendo Systems CEO Pamela Pecs Cytron discusses the importance of unstructured data to the enterprise and how the Pendo Platform not only makes such data accessible, but also how the platform makes it easy to mine that data for insights and mission-critical information.
In discussing the launch of the video, Mrs. Pecs Cytron remarked, "Our experience working with 25 percent of the SIFIs in the U.S. has taught us that to extract the real value from unstructured data you need a fast, accurate and repeatable process. The Pendo Platform does all that and more, and can be best measured by the millions of dollars we've saved our customers."
About Pendo Systems: Pendo Systems has been providing software solutions to the financial services industry since 2007. Based in Montclair, New Jersey, with offices in Charlotte, North Carolina, the Pendo senior management team has decades of experience developing, selling and supporting enterprise software solutions to global banks, insurance companies, and asset management firms. While engaging with some of the largest financial institutions in the world, Pendo prides itself on maintaining its agile development philosophy in order to address the ever-changing environment of the financial services industry.