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TMCNet:  XLeratorDB partners with BizData to offer Calculation-as-a-Service

[January 29, 2013]

XLeratorDB partners with BizData to offer Calculation-as-a-Service

IRVINGTON, N.Y. --(Business Wire)--

WestClinTech, a leading provider of in-database analytics software for Microsoft (News - Alert) SQL Server, today announced a partnership with BizData, a provider of business intelligence solutions, to deliver XLeratorDB solutions to companies in Australia. The partnership provides an opportunity for organizations to deliver advanced analytics functionality based on their existing investments in the SQL Server platform.

"XLeratorDB provides an exciting opportunity for businesses to deliver a calculation hub that underpins both analytics and operational applications. We think of it as Calculation-as-a-Service. This overcomes the problem of fragmented business rules across systems." said Nadav Rayman, Director of Sales and Marketing at BizData.

"We had been looking for a solution to extend the Microsoft BI platform with complex statistical and financial functions that are widely applied in Excel or other packages such as R, Matlab and Bloomberg (News - Alert). XLeratorDB allows us to transfer this calculation workload from the desktop to SQL Server to provide faster performance and automated processing. It provides an impressive library ranging from statistical inference functions such as t-tests to Financial Options calculations that work out of the box and at the fraction of the cost of developing from scratch or licensingother statistical packages."

"BizData is a trusted provider of advanced data solutions to Finance and Marketing departments, and have an impressive depth of expertise on Microsoft's platforms. We're excited about how the partnership will help customers in Australia access the benefits of in-database analytics processing powered by XLeratorDB and SQL Server." said Charles Flock, CEO, WestClinTech.

XLeratorDB is a rich function library for SQL Server used by some of the world's largest Banks, Insurance Companies, Hedge Funds and Pension Funds. With over 600 customers globally, XLeratorDB is the ultimate computational solution for users that require high performance, low-cost and zero network latency. With over 650 financial, statistical and mathematical functions, XLeratorDB provides all of the tools necessary to solve the most difficult computational problems.

About BizData

BizData is an expert Business Intelligence services provider with a focus on enabling clients to leverage their data for better business decision making. BizData prides itself on delivering robust Business Intelligence solutions, having delivered over 300 projects to clients in the Financial Services, Manufacturing, Utilities, Health and Services industries, and provided solutions for Finance, HR, Operations, Sales, Marketing and IT departments. BizData is a leading Microsoft Implementation Partner and has been one of the first companies in Australia to attain Gold level specializations in Business Intelligence and Portals & Collaboration.

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About WestClinTech

WestClinTech is a software developer based in Irvington, N.Y. The company's flagship product, XLeratorDB, is a unique suite of products (Finance, Statistics, Financial-Options, Math and Engineering) that provide value to small, medium and large businesses. XLeratorDB includes over 650 different functions that improve performance, minimize operational risks and enhance the value of SQL Server. XLeratorDB supports SQL Server 2005, 2008 and 2012.

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