Born From Combat Defense Tech Firm Enters Fintech Market With NovusPoint

CLEARWATER, Fla., 29 November 2022 /PRNewswire/ — Equitus Corporation, an enigmatic Florida The technology firm best known for its advanced work in AI and Graph Database intelligence platforms designed for the defense intelligence environment has launched NovusPoint Inc., to meet growing demand for similar capabilities in the finance, banking and insurance industries.

Equitus Corporation spent years developing an entirely new generation of military-grade data fabric and analytics development platform that allows defense companies to build customized solutions for government customers that easily integrate, combine, correlate and connect vast amounts of disparate data, to provide consolidated insights to the warfighter. Fintech organizations have a similar problem, that of siled disparate data types that need to be connected at scale and speed. The lack of an advanced AI/ML data structure within the banking and fintech industry is evidenced by the high volume of silo-based, underutilized data, and the need to engage multiple tools and systems to meet compliance and consumer needs.

Based on the Equitus data fabric, the NovusPoint Ecosystem consists of AI, machine learning and powerful mathematical models that provide deep analysis of all of an organization’s data holdings in a single context, to improve understanding, drive growth, profitability and market resilience. NovusPoint analytics deliver real-time information to drive immediate action in the moment.

Wesley Westmoreland, president-elect of NovusPoint Inc, has more than 5 years at Equitus Corporation and 20 years in leadership roles in banking, finance, marketing and technology. with a focus on regional, national and global growth. He is currently serving his second term as a trustee of the United States Army Command & General Staff College (USACGSC) which supports the School of Advanced Military Studies and the Simon Center which publishes the quarterly Interagency Journal. Westmoreland is a proud father of three and has deep southern roots.

Wesley Westmoreland says: “I originally joined Equitus Corp in 2018 to help expand its position in the intelligence and defense communities. However, by early 2022, outside fintech interest in Equitus had grown to the point where we found ourselves in serious discussions with some of the biggest players in the Fintech space and we knew we needed to create NovusPoint Inc to deliver what they need without disrupting our line of business in the defense sector. 1 December 2022NovusPoint sends live.”

Novus Point is a wholly owned subsidiary of Equitus Corporation, and is headquartered in Clearwater, Florida. For more information, visit novuspoint.ai

Equitus Corporation, an employee-owned technology company, also based in Clearwater, Florida, originally designed its advanced graph data analytics intelligence platform specifically to serve the defense industry. For more information, visit equitus.us

SOURCE NovusPoint