SUNNYVALE, Calif., June 9th, 2014 – Apurba Technologies Ltd., a leading data analytics and visualization company announced today the launch of Lyticas Prism Cloud – an analytics tool designed to work with Fujitsu’s newly launched XWand Cloud Platform. Apurba is the first partner to join the community that will offer value added financial services around XWand Cloud Platform.
Fujitsu’s recently announced XWand Cloud, built leveraging Fujitsu’s on-premise Interstage XWand software - the market-leading XBRL processer which has been adopted by customers in 31 countries. It is a secure and reliable cloud-based platform for companies to exchange highly confidential financial information during the XBRL filing process. Apurba’s Lyticas Prism leverages the power of XWand Cloud Platform to offer analytics and visualization of financial data. Built on Fujitsu’s XWand processing engine and running on Fujitsu’s Cloud infrastructure, Lyticas Prism Cloud offers multi-dimensional data analytics, specifically targeting XBRL/XML data consumption and visualization - exploiting SEC’s XBRL filing data. Prism allows analysts to take a deep dive into the financial status of a company and track a company’s performance over time or compare its performance to its peers.
“Apurba has been working with Fujitsu for more than a year developing this software”, said Fuad Rahman, CEO of Apurba Technologies Ltd., “This has resulted in a seamless product offering we hope will attract analysts and investors, as well as CFOs for their own internal benchmarking and help them generate useful analytics and visualization at the flick of a button.”
Lyticas Prism Cloud will offer a completely FREE service for generating pre-templated reports and visualization. An optional upgrade will allow users to build customized financial models, internal and peer benchmarking as well as creating, sharing and downloading reports for downstream consumption.