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Industry Summary Articles

Friday, May 02, 2025

Altair Signs Distributorship Agreement with MILIZE Inc. to Drive Digital Transformation in Japan’s Financial Industry

Altair, a global leader in computational intelligence, announced that MILIZE Co., Ltd., a leader in data and AI for the financial industry, will offer the Altair® RapidMiner® data analytics and artificial intelligence (AI) platform to its financial services customers in Japan. By combining the power of Altair’s AI and data analytics technology with MILIZE’s deep financial industry knowledge and know-how, this collaboration will support the digital transformation (DX) of Japan’s financial industry.

"We are honored to power the digital transformation of Japan’s financial industry by collaborating with MILIZE, which has a wealth of knowledge and experience,” said Kasono Eiichi, Japan country manager, Altair. “With more than 16,000 customers worldwide – including 17 of the world's top 20 banks – Altair’s technology is used by data scientists, engineers, business analysts, and executives alike. Designed to allow people with different skill sets to collaborate in a unified, interconnected environment, Altair RapidMiner helps companies improve efficiency and profitability.”

“We are very pleased to announce this collaboration with Altair,” said Toru Tanaka, president and CEO, MILIZE. “MILIZE provides innovative solutions to financial institutions by combining finance with AI and DX. Through this collaboration with Altair, we hope to open new possibilities for data utilization in the financial industry and provide our customers with more accurate analysis, forecasting, and optimization solutions. More broadly, we would like to create an environment where financial institutions can make more sophisticated decisions and drive next-level outcomes using data and AI.”

Altair RapidMiner empowers financial institutions to harness the power of AI and automation to drive efficiency, reduce risk, and uncover strategic insights. The platform enables users across risk, compliance, fraud detection, customer analytics, and beyond to rapidly build and deploy AI-driven solutions—without needing extensive coding expertise. With its intuitive low-code interface, advanced automation capabilities, and seamless integration into existing data ecosystems, Altair RapidMiner helps financial organizations operationalize AI at scale. Supporting this is Altair’s ability to run programs written in the SAS language—without the need to rewrite code—ensuring continuity, governance, and compliance while accelerating digital transformation. Together, these capabilities enable smarter, faster decisions and measurable business impact across the enterprise.

To view the original press release, please click here.

Search for Altair on CIMdata.com

Search for MILIZE on CIMdata.com

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