Samiksha Jaiswal (Editor)

Strands

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Founded
  
2004

CEO
  
Erik Brieva

Area served
  
Worldwide

Employees
  
100+

Strands

Headquarters
  
Barcelona Miami Buenos Aires San Francisco Singapore

Key people
  
Dr. Marc Torrens (Founder & CIO) Pau Velando (General Manager, Strands Finance) Paul Kaye (General Manager, Strands Retail) Jordi Teixido (COO)

Strands is a software company founded in 2004 in Corvallis, Oregon and headquartered in Barcelona that develops software for banks & retailers. Strands Finance Suite provides white-label products including Personal Financial Management (PFM), Business Financial Management (BFM), and Card-Linked Offers (CLO). In 2008, Strands deployed the first PFM in Europe.

Contents

Strands' software employs artificial intelligence techniques such as machine learning, collaborative filtering, pattern recognition, automatic categorization and predictive analytics. In 2007, Strands organized a Summer School on Recommender Systems, which led to the creation of the ACM Conference on Recommender Systems. Its patent portfolio in music recommendation algorithms was acquired by Apple in 2011.

Products and services

  • Personal Financial Management (PFM), a white label digital money management application. In 2008 Strands deployed the first PFM in Europe with BBVA and since then Strands PFM has been implemented by other institutions, including Barclays, PostFinance and the Bank of Montreal.
  • Business Financial Management (BFM), a white label business banking platform for designed for SMEs.
  • Card-Linked Offers (CLO), a marketing platform that enables retailers to target relevant deals to card-holders through digital banking channels.
  • Strands Loop, an all-in-one digital banking platform that combines Business Financial Management (BFM), Card-Linked Offers (CLO) and Personal Financial Management (PFM).
  • Strands Discovery, a business intelligence application for bank marketeers to deliver personalized recommendations through digital banking channels.
  • MoneyStrands, the B2C product of Strands PFM that won the 14th Annual Webby Award for "best banking website"
  • MusicStrands, a system that offers music recommendations based on playing behavior.

    • Clients

    From its Barcelona HQ and offices in San Francisco, Miami, Buenos Aires, and Singapore, Strands serves market leaders like Barclays, Deutsche Bank, BBVA, BNP Paribas, PostFinance, AIB, Bank of Montreal (BMO), Banco de América Central (BAC), Commercial Bank of Africa (CBA), The Walt Disney Company, Carrefour and Panasonic.

    References

    Strands Wikipedia
    (Text) CC BY-SA


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