ThetaRay Selected to Present at FinovateFall 2015

TEL AVIV, Israel, September 14, 2015 /PRNewswire/ --

ThetaRay, a leading provider of big data analytics solutions for advanced cyber security and operational efficiencies, today announced that the company was selected to present at FinovateFall 2015, taking place September 16-17 at the New York Hilton Midtown. The company plans to demonstrate its new fraud detection and credit risk detection solutions.

"ThetaRay's innovative solutions are designed to give financial institutions new insight into their fraud risk and also helps them to boost their approved loan rates, addressing two critical strategic problems in financial services," said Eric Mattson, CEO of Finovate.  "ThetaRay is definitely the type of innovative financial technology that we seek to support at FinovateFall."

ThetaRay's presentation will highlight its technology's ability to detect, analyze and report - in real time - anomalous events hidden within massive amounts of transactional and organizational data.  The demo will include a walk-through of the data processing and investigation process, showing how ThetaRay's solutions enable data scientists, analysts and managers to instantly leverage all available data sources to detect, view, drill down and investigate the risks faced by their organizations.  

"We value this opportunity to debut our fraud detection and credit risk detection solutions to such an esteemed audience of financial industry leaders," said ThetaRay CEO Mark Gazit.  "We know that Finovate's attendees will appreciate our ability to help them detect unknown threats and optimize credit risk, as well as uncover new opportunities for creating revenue."

ABOUT FINOVATE 

FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse into the future of money via a fast-paced, intimate, and unique format. FinovateFall is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit http://www.finovate.com.

ABOUT THETARAY 

ThetaRay is a leading provider of big data analytics solutions that detect threats and discover opportunities.  The company's platform analyzes massive amounts of data for advanced cyber security, operational efficiency, and risk detection, protecting financial services sectors and critical infrastructure against unknown threats. ThetaRay's core technology is based on state of the art algorithms, which power its proprietary Hyper-Dimensional, Multi-Domain Big Data Analytics platform. Organizations whose operations rely on highly heterogeneous and complex environments leverage ThetaRay's unmatched detection and low false positive rates as a see-all power that enables them to unify detection and uncover the unknown.

Learn more at http://www.thetaray.com. Follow us: @ThetaRayTeam

Contact:

Mark Prindle
Fusion PR
+1-646-475-8446

SOURCE ThetaRay