FOR IMMEDIATE RELEASE
SPARKS, Md., September 8, 2016 – Element Financial Corporation (EFN: TSX), one of North America’s leading fleet management and equipment finance companies, today announced that Jim Peregord, vice president for Advanced Analytics at Element Fleet Management will be speaking today at the Cassandra Summit 2016 in San Jose, Calif., the world’s largest gathering of Apache Cassandra developers, users and industry thought leaders.
Element customers are looking for real-time, proactive insights and recommendations to improve the productivity, cost and safety of their fleets and drivers. Peregord’s presentation, “Building a Pluggable Analytics Stack with Cassandra as the Foundation,” shares how Element’s advanced analytics infrastructure uses Cassandra to explore new connections across multiple, interrelated data sets from internal and third-party sources.
“Element Fleet has the largest fleet vehicle performance database in our industry and we needed a robust, fast and scalable platform to turn data into actionable insights for our customers,” said John Wall, chief technology officer, Element Fleet Management. “The interconnection of vehicle data, fleet records, and real-time information is central to how we serve our clients. Our goal is to help customers explore the connections, find correlations they may never have considered and then impact those factors with pinpoint accuracy. This platform we’ve designed with Cassandra is built for today and the future – preparing Element both for the massive increase in data, and the need for continuous advancement in analytics capabilities around analytics.”
About Element Financial Corporation
With total assets of approximately $24.0C billion, Element Financial Corporation is one of North America’s leading fleet management and equipment finance companies. A shareholder vote has been scheduled for September 20, 2016 to consider approval of an arrangement to separate the Company to two publicly traded entities – Element Fleet Management Corp. (Element Fleet) and ECN Capital Corp. (ECN Capital). As the world’s largest publicly-traded fleet management services company, Element Fleet will operate the Company’s commercial finance, vendor finance, rail finance and aviation finance businesses and transition to an origination and asset management business model.