Innovations

Finding better, more effective methods in the pursuit of improved products, processes and technologies. That’s what drives innovation around the world. And that’s what our team delivers every day — solutions to the most difficult of recognition problems. People and their problem-solving skills have always been the core strength at Parascript.  Over the years, answers to our big challenges have resulted in these – among other – unique innovations:

Meta-stroke theory

Developed and patented in the 90s, and still in use today, meta-stroke theory is an advanced intermediate language that enables handwriting text analysis. Parascript developed meta-stroke theory as a means to describe two-dimensional scanned content in terms that a computer can analyze.

Voting

This technique combines human-like holistic analysis, multiple neural networks and sophisticated statistical algorithms in order to enable significant improvements in recognition rates. All Parascript recognition engines are actually composed of multiple engines that assess information differently. The individual results are then “voted” on by a virtual committee, which takes into account results from each individual engine, weighed against knowledge about how each engine performs. The aggregate outcome is one of the key strengths of Parascript’s technology.

Region of interest

Parascript image analysis technology uses proprietary methods to solve the substantial challenge of differentiating between a specific region of interest and extraneous information across a variety of applications, including postal automation and medical imaging.

Horus Fund technology

In the early 2000s, Parascript researchers began to focus on the metrics, depth and levels of complexity intrinsic to hedge funds by thoroughly investigating existing quantitative and fundamental investment theories and approaches. This led to development of the Horus Fund, a hedge fund which uses Parascript’s proprietary pattern recognition technology to systematically rank those securities that are most undervalued or overvalued based on multiple characteristics. Visit www.thehorusfund.com for more information.