Press Release (ePRNews.com) - LONDON, UNITED KINGDOM - Apr 05, 2016 - IntroducingCaspian™ – a solution that helps unlock hidden risks and opportunities through Big Data Analytics and Natural Language Processing.
A simple new research tool that mines data in tens of thousands of corporate reports will help users find and understand new issues facing today’s businesses.
“In the past 20 months, we have built incredibly large databases – we’ve collected and analyzed millions of data points. We wanted to offer a “touch of Datamaran” as we realized various audiences wanted access to this information. Caspian gives analysts, investors, journalist, academia and NGOs access to corporate filings to quickly understand what’s on companies’ radar – and sometimes more importantly, what isn’t.”
Marjella Alma, CEO and Co-Founder of eRevalue
Caspian – released by eRevalue – is the powerful little brother of eRevalue’sDatamaran™, a business intelligence software that provides companies with near real-time analytics on emerging economic and ESG (EESG) risks and opportunities.
Caspian provides access to a global repository of 40,000+ corporate reports enabling users to access highlighted passages within these reports where specific business risks and opportunities are discussed.
Marjella Alma, CEO and Co-Founder of eRevalue, commented: “In the past 20 months, we have built incredibly large databases – we’ve collected and analyzed millions of data points. We wanted to offer a “touch of Datamaran” as we realized various audiences wanted access to this information. Caspian gives analysts, investors, journalist, academia and NGOs access to corporate filings to quickly understand what’s on companies’ radar – and sometimes more importantly, what isn’t.”
The past months have seen some big developments for corporate reporting, including the establishment of the Financial Stability Board (FSB) and its industry-led Task Force. The taskforce chaired by Michael Bloomberg will develop financial disclosures on climate risk. Bloomberg said:
“Managing climate-related risk is increasingly critical to financial stability, but it can’t be done without effective disclosure. The recommendations from the Task Force will increase transparency and help to make markets more efficient, and economies more stable and resilient.”
Consequently, the assessment of these “new” risks is becoming essential. Caspian is designed to do exactly this. With insights from 6,100 global companies and their complex value chains, users will be able to identify climate risks and others. Specifically, they will be able to identify who is most and least prepared for emerging regulations such as the EU Directive on Non-Financial Reporting or the UN Sustainable Development Goals.
“We’re making the big data lakes more accessible and affordable with Caspian, helping more people find the information they need without spending hours trawling through reports. This accessibility will enable users to identify tomorrow’s trends, today” said Alma.
Caspian is simple to use and it runs on sophisticated technology helping users save the time and money that they would otherwise spend on hours of manual research. On top of that, its analytics functionalities help users to uncover insights not visible to the human eye.
Users will be able to focus on selected industries and regions and will have access to comparative data: e.g the extent to which companies within an industry and region are emphasizing issues such as climate risk and the top issues within specific industries and regions. This functionality makes Caspian attractive not only to analysts and investors, but also to users ranging from academics and analysts to consultants, journalists and lawyers.
The launch of Caspian is part of eRevalue’s current growth phase: with the product suite complete, eRevalue is now focusing on client satisfaction – an issue also tracked by Caspian™. New Director of Growth and Strategy, Marcus B. Svensson, is in charge of managing this shift and ensuring the products meet the needs of eRevalue’s clients and partners. He commented:
“I’m excited to be joining eRevalue at this turning point, and looking forward to supporting the growth and making sure clients’ needs are met.”
eRevalue Ltd. helps companies understand the latest reputational, regulatory and compliance risks related to Economic, Environmental, Social and Governance (EESG) issues. We are an innovative and cutting edge technology company offering Datamaran™, a collaborative analytics platform aimed at supporting company decision making processes, and Caspian™, a corporate reporting database with analytics functionality. Want to get involved in the future of big data and better business?
About Marcus B. Svensson
Marcus B. Svensson joined eRevalue in January 2016 as the Director of Growth and Strategy. Swedish born, he has lived and worked in both Portugal and the UK. He has 14+ years of experience working with technology startups in strategy, sales, and business development roles.
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