Xalles Holdings Inc (OTC:XALL) Stock Pulls Back From Highs: Here is Why
Last Friday there were plenty of companies which had come into the news cycle owing to significant announcements and one of those was Xalles Holdings Inc (OTC:XALL). It is likely that the company is going to be on the radars of investors this morning. The company announced on February 9 that Adaptive Analytics Inc, one of its subsidiary companies, had started working on the integration of artificial intelligence into the Version 11 of its Data Governance and Analytics Platform.
In the news release the company noted that it was going to be a significant advancement in the world of cloud powered data governance software. Through the deployment of artificial intelligence, that platform would help in bringing about a paradigm shift in the processes related to control and governance for industries in which those are crucial. It was also noted that the platform would boost governance, analytics and collaboration thereby making sure of the data quality across a range of sectors.
The platform from Adaptive Analytics is described as a ‘bank in a box’ cloud powered application. It has become the standard bearer among financial services organizations for risk management and regulatory compliance. Owing to the enhancements brought about recently, the platform would empower its users further through real time regulatory compliance, controls, sanction analysis, policies and the traceability of important data elements.
Xalles Holdings also announced that the Governance Enterprise Manager (GEM), a constituent of the suite of cloud powered solutions from Adaptive, had also gone through major upgrades for boosting its governance capacities. The powerfully connected meta models of GEM provide the users with a model based acquisition process, which helps in more efficient program management and oversight on costs. In light of the announcements from Adaptive, it could be a good time for investors to track the Xalles stock.
