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DekaBank uses Data Visualization from AVS to monitor mutual fund performance
DekaBank, a leading German financial institution, is using a proprietary asset management solution
created with the OpenViz
data visualization system from Advanced Visual Systems to track the performance
consistency of over 16,000 different mutual funds. The analytic application integrates highly
advanced concepts in time-based asset analysis with innovative 2D and 3D data visualization techniques
to improve the detection of risk and other performance factors that might be easily overlooked using
common charting techniques.
DekaBanks approach to fund analysis is unique in that it visualizes fund rankings over time-based
subintervals as opposed to fixed timeframes, as is a common industry practice. By integrating variance,
covariance, correlation and historical financial market data into the analysis processes, subtle performance
fluctuations become apparent. The result is a visual classification of mutual funds by specific
performance criteria and a clear understanding of their relationship to global market characteristics.
DekaBank’s fund performance system was developed to meet extremely specific requirements of internal
analysts and provides five unique views of selected mutual funds, each with the ability to be independently
manipulated using OpenViz interactive scroll bars, sliders and mouse-drag filters. Complex calculations are
undertaken using powerful in-memory data processing features provided by OpenViz that allow analysts to focus
exclusively on the visual results and not processing considerations that are typically executed in a separate
application environment. The tight integration of advanced data processing and advanced data visualization
provides financial analysts with a “rolling analysis” of multiple funds and the ability to quickly discover
subtle performance variations that might have been overlooked without the integrated approach provided by
OpenViz.
OpenViz is a comprehensive data visualization system for all Java and Microsoft platforms that enables
solution designers to create and deploy interactive visual presentations from any type of data. OpenViz
offers over 20,000 different visualization techniques coupled with a powerful in-memory data management
system that is designed to help customers like DekaBank realize the full potential of their IT and analytic
investments.
AVS counts over 2,000 global corporations, software vendors, government agencies and research institutes
as licensees of its data visualization software products including twenty percent of the Fortune 100 and
two of the five largest software companies.
About Advanced Visual Systems Inc.
AVS/Advanced Visual Systems provides industry-leading, interactive data visualization software and solutions
that help business, scientific and engineering users gain critical insight from all types of data. AVS's
complete line of software products speed decision-making by bringing information to life using the latest in
graphics, Web-based and interactive technologies on all major computing platforms. For more information contact
info@avs.com or visit
www.avs.com.
This communication contains forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions
concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on
these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such
statements, prospective investors should review carefully various risks and uncertainties identified in this release
and matters set in the company's public filings. These risks and uncertainties could cause the company's actual results
to differ materially from those indicated in the forward-looking statements.
© 2010 Advanced Visual Systems. All rights reserved.
Photo is the property of DekaBank, used by permission.
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