20 Jul 2017 11:00

Interfax opens regional R&D center in Samara

Interfax International Information Services Group has opened its first Research & Development Center in Samara, the main objectives of which will be to research and develop new methods and algorithms for working with Big Data.

"In order to expand the range of IT problems that we solve we need to create new competency centers to explore advanced technologies, not just hire more staff. Samara is the aerospace capital of Russia, with a large number of high-tech businesses and educational institutions that train highly skilled workers for the industry, and we hope that the new R&D division will become a center of growth for the Group," Interfax Group Executive Director Vladimir Gerasimov said.

The Samara R&D Center is a division of Interfax‘s Software Development Center (SDC), which specializes in developing IT solutions in the area of risk management. The R&D Center will develop fundamentally new information products using the latest technologies for working with data.

The SDC also has divisions in Moscow and Voronezh.

*** Interfax‘s best known IT services include the SPARK system, which has become the industry standard for verification of counterparties, risk management and identification of affiliation; the SCAN media analysis system, which daily processes more than 300,000 materials from the media and the Internet, automatically identifies and analyzes hundreds of thousands of items (individuals, companies, brands, etc.) and establishes connections between them; and X-Compliance, the first Russian service that enables Russian financial organizations to conduct comprehensive compliance verification of clients in strict conformity with the requirements of Russian and international law in the area of AML/CTF, as well as other specialized risk management services.

*** Interfax is the largest information services group in the CIS, and the recognized leader on the Russian information market in the B2B segment. Interfax develops professional information solutions that help companies navigate the financial and commodity markets, make investment decisions, manage risks, conduct external communications and comply with regulatory requirements.