Advanced Logic Analytics (ALA), a provider of enterprise wide big data and finance analytics solutions for buy- and sell-side institutions and other financial firms, is pleased to announce the appointment of Nick Ellis as managing director.
Nick has more than 30 years of management experience in the IT industry and a proven track record in delivering business change.  He has spent the last six years focusing on managing company start-ups, turnarounds and high growth businesses in the technology sector. Nick`s career includes a number of senior management roles in the software, logistics, IT reseller and managed services sectors.
Commenting, CEO Pim Dale said: “With our strategic focus on offering big data analytics and emotional finance solutions to financial institutions across the sell side and buy side, Nick is the right person to lead our business through its stages of growth over the coming years.  He has a proven track record of building businesses and we are delighted to welcome him to the executive management team.”
Previously, Nick founded SEZ Solutions Ltd, an IT business transformation company. The company was profitable from day one and continues to trade successfully today.  His last transformation role was as VP Service and Solutions for the Systemax EMEA Technology Group. Nick worked with Systemax with the specific objective of growing the services revenue and introducing solutions-based business across EMEA. As a direct result, the company saw service revenue doubling over a two-and-a-half-year period, and solutions businesses being acquired in Holland and relocated to the UK.
Commenting, Nick said: “For Financial services, big data analytics is changing from technology that enables analysis of structured data towards capabilities that enable in-depth analysis of the ever-growing unstructured data.  The industry needs to shift focus more to advanced analytic tools that help them to connect to massive amounts of structured and unstructured data to support optimised decisions.”
“It is key for us to deliver services and solutions that provide strategic benefits and a competitive advantage.” He continued.
Advanced Logic Analytics has been launched with investment from leading figures in the financial services and IT industries, the company will focus initially on the London and New York financial centres, with planned global expansion in 2018.
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About:
Advanced Logic Analytics is a provider of big data and finance analytics solutions.  Those solutions facilitate better business insight and decision-making by leveraging enterprise-wide information assets and unlimited external data sources.  The company’s core analytics platform, OneLogic, allows financial firms to analyse and process massive amounts of structured and unstructured data in real-time and undertakes pre-emptive, descriptive, and predictive edge analytics augmented with behavioural and emotional analytics.
Using the most advanced algorithms developed from over 10 years of academic research and connecting to any data source securely, OneLogic identifies and catches signs of bubbles, market trends, overconfidence in M&A deals, and other useful indicators, in any language, and across jurisdictions.  ALA believes that business driven decisions should be firmly rooted in advanced analytics, not instinct.
OneLogic works with industry leading enterprise data frameworks, including Apache Hadoop and the HP Vertica Datawarehouse.   For more information, visit: www.advancedlogicanalytics.com
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For more information, contact:
Tina Snelling
Marketing Director
contact@advancedlogicanalytics.com