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ATi Launches Specialized Predictive Analytics Subsidiary
ATi Finance Focuses on Finance Trading Market Solutions
| Source: Adaptive Technologies, Inc.
NEW YORK, NY and PHOENIX, AZ--(Marketwire - February 27, 2008) - Adaptive Technologies, Inc.,
(ATi), the Intelligent Information(SM) company, has just announced the
formation of Adaptive Technologies Finance, LLC (ATi Finance). The
subsidiary will solely focus on providing products and services to the
financial marketplace.
ATi Finance is managed by visionary leader and CEO, Ron St. Onge, who has a
proven track record of developing and bringing to market several leading
applications for the financial community over the past 15 years. These
include the development of the most widely used application for buy-side
order management, creating a block trading system for the NASDAQ Stock
Market and an order management system for institutional traders.
Additionally, he was responsible for the first portfolio management
application that delivered real-time quote updates over the Internet to
retail investors.
"We are fortunate to add to the ATi organization a recognized industry
leader who has created some of the most widely used trading solutions,"
said Susan Cordts, president and CEO of Adaptive Technologies, Inc. "Ron
brings a wealth of industry and leadership experience that will enable ATi
Finance to bring its revolutionary predictive analytics products and
services to the world of financial trading, resulting in substantial
improvements in performance and changing the way analytics is used in the
financial markets around the world."
Ron's extensive background in defining products and developing solutions
includes Advent Software's Moxy, Liquidity Tracker and StockCenter.com.
Most recently, Ron was a Vice President at Lava Trading, a leading provider
of direct market access solutions. Ron holds a BS in Computer Science from
the University of Michigan and an MBA from the University of Texas, Austin.
About Adaptive Technologies, Inc. -- Adaptive Technologies, Inc. (ATi)
helps business leaders make better decisions. We provide companies with
tailored business intelligence and advanced predictive analytics solutions
that turn enterprise data into intelligent, actionable information. Founded
in 2001, Adaptive Technologies, Inc. is privately held and based in
Arizona. www.adaptiveinc.com.
About Adaptive Technologies Finance, LLC -- Adaptive Technologies Finance,
LLC (ATi Finance) is a subsidiary of Adaptive Technologies, Inc. (ATi).
ATi Finance utilizes ATi's proprietary technologies and advanced predictive
platform to create financial industry analytics solutions that improve
performance and enable organizations to compete effectively in the
fast-paced trading markets. ATi Finance provides customized solutions and
has offices in Phoenix, Arizona and New York, NY. All product and company
names herein may be trademarks of their respective owners.