Global Electronic Access Control Systems Market to Reach US$6.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (Vocus/PRWEB) January 11, 2011

Despite the popular perception that ever-present safety & security needs and rising crime rates, which interestingly tend to escalate during periods of economic downturn, make electronic access control systems market recession proof, the market ironically has shown signs of marked weakening in the midst of steady deterioration in business climate. With most key end-use sectors i.e. banking, financial services, retail (malls, multiplexes), IT sector, construction, and hospitality (hotels & restaurants) collapsing like a pack of cards, growth patterns have been largely distorted. The forced delay in launch of new retail projects such as malls, chain retailers and franchise outlets, as a result of distortions in economic variables, such as, drying up of debt markets, lack of capital investments, and deep corporate budgets cuts, have eroded market opportunities for EACS.

The meltdown of the construction industry, as reflected in the general weakness in new office, commercial and residential building projects, rising vacancy rates, construction delays and sharp falls in the number of applications for new building permits, and government scaling back of infrastructure-related projects have also played instrumental roles in negatively impacting new equipment order influx rates for EACS. For instance, although a very valuable addition to security infrastructure, the importance of electronic access control systems has temporarily been overshadowed as building owners focus squarely on surviving the crisis. In addition, widespread postponements, cancellation of upgradation security projects and delays in scheduled system replacements in existing facilities, have resulted in sharp declines in replacement demand.

However, a transient disruption in the economic climate like the recent recession is not likely to leave an indelible mark on the market, as prevention of authorized access and detection of perpetrators will always remain vital in the overall security arrangements. Although the tough economic climate has squeezed new orders for EACS, the focus on safety and security among organizations, government agencies and general public continues to remain unchanged, as security coverage is closely tied to safety of human life and asset protection in infrastructure facilities and residential and commercial centers.

With recession now at its tail end, the market will witness a quick resurgence of demand fundamentals, such as increase in commercial and residential building construction, improvements in disposable spends, and increase in infrastructure investments, which will help drive the EACS market in the post recession period. Growth in the market, which was hitherto frustrated by capital shortages, reduced personnel, and unemployment, is forecast to rebound as liquidity issues and financial hardships begin to ease. Technology developments such as development of more advanced, and higher value access control systems and efforts to integrate new advanced features and capabilities such as hybrid and wireless installations to the already installed access control systems, will also generate substantial demand for EACS market over the next few years.

As stated by the new market research report, US continue to remain the largest regional market. Asia-Pacific is the fastest growing regional market waxing at a CAGR of about 3.7% over the analysis period. Growth in this market will be essentially driven by factors such as fast paced economic development in emerging countries such as China and India, increase in foreign investments, rise in the number of new business establishments and increase in crime rates. By product, Card-Based Electronic Access control systems market continues to be the largest product segment, holding a lions share of the global market. Smart cards represent the largest revenue contributor to the card-based EACS market. Audio and Video-Based Electronic Access Control Systems market is the fastest growing product segment, waxing at a CAGR of about 6.8% over the analysis period

Major players in the marketplace include Aiphone Co. Ltd., ASSA ABLOY AB, BIO-key, International Inc., DigitalPersona Inc, Gunnebo Ab, Hirsch Electronics Corporation, Honeywell Access Systems, Ingersoll Rand Recognition Systems Inc., Linear LLC, Imprivata

Global Electronic Access Control Systems Market to Reach US$14.1 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

San Jose, California (PRWEB) November 09, 2011

Follow us on LinkedIn – Controlling access and preventing unauthorized entry is the key to ensuring against theft, sabotage, and vandalism. And electronic access controls, in this regard, is an omnipresent requirement for people from all walks of life, including the common man, employees, business owners, and most importantly building owners. Rise in terrorist attacks, vandalism, campus violence, and the resulting need for personal safety and security at public places such as transits, city centers, educational institutions, as well as borders have been driving the installation of electronic security systems at these places and facilities for preventing unauthorized access, ensuring remote surveillance, recording and reporting unruly incidents, and identification of culprits. Although, the government sector continues to remain the largest end-use market for electronic security systems, generating a major portion of value sales for electronic security systems (ESS) market, commercial establishments and households have also been increasing their ESS implementations over the last few years, due to heightened perceived threat of criminal activity and terrorism.

Although the tough economic climate squeezed new orders for electronic access control systems, the focus on safety and security among organizations, government agencies and general public will continue to remain unchanged in the post recession period, as security coverage is closely tied to safety of human life, and infrastructure facilities in residential and commercial centers. Growth in the market, which was hitherto frustrated by capital shortages, reduced personnel, and unemployment, will continue to rebound as liquidity issues and financial hardships begin to ease. Though developed markets such as Europe and North America have been the traditional revenue contributors in the market, developing markets such as Asia-Pacific and Latin America and Middle East are expected to turbo-charge future growth.

As stated by the new market research report on Electronic Access Control Systems, US continue to remain the largest regional market. Asia-Pacific is the fastest growing regional market, with value sales of EACS in the region waxing at a CAGR of about 13.5% over the analysis period. By product, Card-Based Electronic Access Control Systems continues to be the largest product segment. Biometrics-Based Electronic Access Control Systems is the fastest growing product segment, waxing at a CAGR of about 13.1% over the analysis period. Future growth of biometrics in access control is forecast to stem from globalization, emerging economies, mobility, spurt in number of mobile devices and trusted access. Moreover, growing value for concepts such as eGovernment, digital identity, and cloud computing, among others are likely to drive the demand for cutting-edge biometric technologies.

Major players in the marketplace include Aiphone Co. Ltd., ASSA ABLOY AB, BIO-key, International Inc., DigitalPersona Inc, Gunnebo Ab, Hirsch Electronics Corporation, Honeywell Access Systems, Ingersoll Rand Recognition Systems Inc., Linear LLC, Imprivata

Thetica Systems Demonstrates Enhanced Data Integration Tools at ASF 2012


New York, NY (PRWEB) January 17, 2012

Traders, investors and ABS market participants at the upcoming ASF 2012 convention will be able to test drive the fastest system available for ABS data integration between multiple internal and external deal and loan-level data providers. System users benefit from full transparency on their ABS, CDO, CLO, CMBS and RMBS investments, accessing a single, very efficient data repository for information from many sources.

Thetica Systems is proud to participate in ASF 2012, the largest capital markets conference in the world with over 4500 registrants, where the most relevant topics and challenges relating to the securitization industry will be addressed.

“Structured finance market participants need systems that provide transparency and drilling depth into securities, as well as tools to enable them to apply their own opinion to these securities,” said CEO Ariel Yankilevich. “They no longer have to waste precious time and money waiting for data, or tie up computing resources for hours to get vital information. ABS Trader Tools integrates a wide variety of data providers seamlessly, providing bond analytics at lightning speed.”

Thetica Systems’ ABS Trader Tools is a high performance suite of tools that boosts productivity for ABS, CMBS, CLO, CDO and CDS traders and analysts. Recent enhancements include:

ReREMIC support: automatic selection of scenarios, ability to run child deal at both deal and group level, system can run CLOs (including setting Reinvestment Profile rules) and CMBS at asset level.
CLO support: ability to enter assumptions for each asset class and accurate handling of re-investment criteria.
CMBS support: easy search for assets by criteria and full integration between vector functions and bond analytics.
Portfolio support: yields for multiple scenarios and stress analysis and enhanced price-yield grids.
Screener functionality: access to the entire US RMBS universe to screen by analytical values, aggregate metrics, and other characteristics.

Those interested in scheduling a live demonstration online or on-site should contact 727-724-4182 or visit Thetica Systems for more information.

Thetica – from the Greek letter “theta” which means Thought, Life Force and Reason and the word “etica” which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the company’s name. Three companies now operate under the Thetica brand.

About Thetica Systems: As Wall Street securitization pioneers, Thetica Systems understands the needs of ABS market participants. Its clients include investment banks, hedge funds, capital management, brokers, dealers, and others that invest in or monitor structured finance securities, with users from traders and trading desks, research and product controllers to risk managers, regulatory reporting and IT. Thetica Systems serves a wide variety of financial firms involved in the securitization markets including investment banks, hedge funds, and broker/dealers.

About Thetica Solutions: With state-of-the-art proprietary software, Thetica ABS Analytics, and over 25 years of experience on Wall Street, Thetica Solutions offers expertise in regulatory capital and litigation support.

About Thetica: A team of highly trained and experienced software consultants focused on rapidly delivering customized data solutions to trading professionals in relation to RMBS, ABS (cash and synthetics) and other financial markets. Thetica expands and enriches its clients business opportunities with a wide variety of customized solutions.

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Thetica Systems Adds Clients, Enhances Bond Analytics Product Line


(PRWEB) February 27, 2012

Thetica Systems, provider of a fast and flexible data integration/bond analytics platform for the structured finance market, announced it has recently added relationships with a major international bank, an independent investment firm, and a private equity firm.

“We are very gratified by this growth, and will continue to do our best to provide our clients with custom-fitted solutions to their needs,” said CEO Ariel Yankilevich. “This expansion shows how the ABS Trader Tools system is uniquely customizable for a diverse range of structured finance market participants.”

ABS Trader Tools offers flexibility, efficiency and speed in performing bond analysis and pricing. Its ‘smart scenario language’ allows traders to quickly run complex scenarios on multiple bonds, with ready access to cashflow and price/yield results in customized reports. Recent enhancements enable ABS traders and analysts to:


Run the full universe of CLOs in a few minutes using complex asset level scenarios, including using automatic rules for asset reinvestment.

Run the full universe of CMBS at asset level forecasts.

Use the results of these runs to feed tear-sheets, viewers, screeners, etc.

Easily search the universe of securities based on various criteria including results from bond analytics calculations (e.g., WAL, First-Pay, Second-Pay, Back Pay, Never Pay, etc.).

Create a customized reverse look-up to see all re-leverage points for an existing bond.

Quickly utilize complex Price/Yield matrices and custom pricing algorithms.

Those interested in a live demonstration of ABS Trader Tools may contact the company by phone at 727-724-4182 or email Sales(at)Thetica(dot)com.

Thetica from the Greek letter theta which means Thought, Life Force and Reason and the word etica which means Ethics. Thought, reason and ethics are essential elements of any successful business and commitment to this concept is embedded in the companys name.

About Thetica Systems: As Wall Street securitization pioneers, Thetica Systems understands the needs of ABS market participants. Its clients include investment banks, hedge funds, capital management, brokers, dealers and others that invest in or monitor structured finance securities, with users from traders and trading desks, research and product controllers to risk managers, regulatory reporting and IT.

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Thetica Systems Provides Infrastructure to Speedily Build Bond Analytics and Information Investigation Programs for Ab muscles/CLO/RMBS/CMBS


New York, NY (PRWEB) September 26, 2012

In the entire world of structured finance, integrating bond analytics types with all the necessary information sources and cashflow APIs can be a irritating and hard experience. A lot time is missing striving to locate sources to build a system that fulfills enterprise demands, or build an interior remedy to price tag bond portfolios rapidly.

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As a longtime, seasoned data integrator, Thetica Programs has developed a totally purposeful established of infrastructure parts that avoid this stress and squander. Within a handful of months, and at much less than the expense of reinventing the wheel by means of interior development, consumers can have a full-fledged method working higher speed analytics on personalized cashflow scenarios that they designate.

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Business co-founder and CEO Ariel Yankilevich stated, “Our clients can emphasis on their enterprise logic with out obtaining to worry about how exterior knowledge and API changes may possibly influence the way their bond analytics complete. We have observed clients that were striving to locate very good cashflow API developers, a unusual and pricey expertise. With Thetica Programs, our customers can jumpstart to a scalable and sturdy remedy much faster than attempting to build one particular from scratch. And we consider care of employing and keeping all the info connections so that they dont require to scramble for sources every single time something adjustments.”

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This system permits an investor or broker-seller to very quickly recognize and evaluate all of the collateral supporting a structured finance securitization. &#13

Components read through information from numerous sources into a database, along with equipment to run innovative cashflow calculations. &#thirteen
The high-velocity cashflow analytics motor runs a number of bonds and serves a number of person requests at the same time with no functionality degradation. &#13
It permits automation for calculations on the entire universe of bonds or any required subset via batch scripts, and supports user-described scenarios for CLOs, RMBS, CMBS, Stomach muscles, and Reremics like running vectors at little one stages. &#thirteen
Results are obtainable through a basic-to-use XML interface. &#13
The infrastructure can operate at shopper servers or on the cloud.

Present clientele and end users have testified that these resources are highly flexible, allowing them to integrate vectors from inside models to run automatically and with out any coding, and permitting use of eventualities in any bucketing scheme that can be designed. Libraries are entirely multithreaded for quite speedy benefits in advertisement hoc or recurring calculation jobs.

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Thetica Techniques integrates customer-accredited data from Intex, IDC, BlackBox, CoreLogic (Bank loan Performance and their predictive vectors), Bloomberg (via the Backoffice knowledge feed), 5 Bridges (predictive vectors), Lewtan/Ab muscles.Net, MarkIt and Reuters (each pricing information for CLO NAV), Opera Answers, Equifax (improved financial loan degree knowledge), Normal &amp Poors, TransUnion, AdCo and Trepp.

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Those intrigued in a reside demonstration may make contact with the company by mobile phone at 727-724-4182 or e mail Sales(at)Thetica(dot)com. A current Company Day online video on the company is also offered for viewing.

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Thetica from the Greek letter Theta which means Believed, Lifestyle Power and Cause and the phrase Etica which signifies Ethics. Imagined, reason and ethics are important aspects of any successful business and dedication to this principle is embedded in the companys identify.

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About Thetica Programs: &#13

As Wall Road securitization pioneers, Thetica Systems understands the demands of Abdominal muscles industry participants. Its consumers contain investment decision banks, hedge cash, insurance firms, money management, brokers, sellers, and other individuals that spend in or keep track of structured finance securities, with consumers from traders and investing desks, task professionals, analysis and solution controllers to chance managers, regulatory reporting and IT.

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Overture Systems Launches Automated Decisioning for Decline Mitigation


Bethesda, Maryland (PRWEB) January 22, 2009

Overture Technologies, the leading service provider of decisioning solutions for transparent, correct and responsive lending procedures, announced these days the start of Mozart for Particular Servicing, an automatic decisioning program for servicing distressed mortgage belongings. Mozart for Specific Servicing is created to tackle the unparalleled quantity of delinquent mortgages in the U.S. nowadays as effectively as the increasing complexities in modifying financial loans and mitigating monetary losses thanks to foreclosure. Mozart for Unique Servicing allows servicers to manage and successfully utilize a far more robust set of options to borrowers in distressed home loans, and far more speedily yield a “greatest-in shape” modification that can decrease repeat default prices and protect the price of mortgage assets.

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According to the latest Mortgage Bankers Association Nationwide Delinquency Survey, the residential residence delinquency fee at the finish of the 3rd quarter of 2008 was six.ninety nine per cent, up a hundred and forty foundation factors from the identical interval in 2007 and the greatest recorded in the MBA study. According to a latest report by RealtyTrac, foreclosures filings were up 81% from 2007 and default or auction notices ended up recorded on a lot more than two.3 million properties in 2008. Credit Suisse estimates another 8.one million foreclosures are expected amongst 2009 and 2012. The existing charge of defaulting home loans in the U.S. nowadays much exceeds the manpower potential for financial institutions or servicers to work with borrowers employing traditional techniques and is probably to result in far more foreclosures than successful bank loan workouts.

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“Significant bank loan-level knowledge and examination, up-entrance, and surgically used is needed to control the unparalleled volume of distressed mortgages and growing complexities of merchandise, plans, and regulatory recommendations in the 21st century house loan business,” mentioned Linda Simmons, general supervisor of Overture Technologies’ Mortgage Finance Solutions. “Mozart for Specific Servicing can speedily offer a a lot more precise, recent see of borrower and asset details, supply a broader selection of ideal alternate options to debtors, decrease recidivism by receiving borrowers into the right answers the initial time and produce an audit trail for transparency.”

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Mozart for Special Servicing leverages Overture Technologies’ award-profitable automated decisioning engineering utilised in mortgage underwriting in a process referred to as, “automated re-decisioning,” implementing a sophisticated guidelines program to re-appraise risk and value of a financial loan at any level along the mortgage value chain. Mozart for Specific Servicing allows servicers to:

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*Get the borrower into the correct option the initial time, minimizing recidivism and maximizing owner-occupied residence retention employing much more current, related knowledge and data about the borrower and the asset.

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*Align the interests of debtors, bankers, secondary markets, traders and other 3rd functions at the commencing of the mortgage modification approach, as nicely as keep up with changing policies and demands.

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*Maintain steady, defensible, and transparent, procedures, stages of discretion and acceptance procedures, calculations and agreed upon results for every single loan, no matter of spikes in quantity and industry booms.

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*Give personalized workout possibilities at the bank loan amount, even though nonetheless producing it straightforward for Unique Servicing operations to scale up to satisfy the volume of present day crisis

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*Leverage existing infrastructure, integrate with legacy techniques and other information services.

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Mozart for Special Servicing gives the greater transparency essential by investors, auditors and regulators with English-language policies, total background of information modifications, selections, and selected choices. The application solution integrates with and enhances current work stream techniques and is deployed as a application-as-a-services. Mozart for Particular Servicing is available now and can be configured, built-in and managing in a issue of weeks.

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To see a demonstration of Overture Technologies’ Mozart for Special Servicing, check out booth #518 at the House loan Bankers Affiliation National House loan Servicing Conference in Tampa, February seventeen-20.

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About Overture Technologies&#13

Started in 2000, Overture Systems is the foremost provider of decisioning answers that empower clear, precise and responsive lending procedures for the home loan and greater education lending industries. Overture Technologies’ consumers are committed to offering exceptional home loan underwriting, servicing and securitization services and to growing students’ access to larger education financing alternatives. The firm’s leadership team applies many years of knowledge from leading economic companies and technologies corporations like Fannie Mae, Freddie Mac, Goldman Sachs, IBM and KPMG to help our clients obtain their targets. For more information, call (301) 492-2155 or go to http://www.overturecorp.com.

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