Factiva, a Dow Jones and Reuters Company, and Verity Inc. announced an agreement that will help global enterprise customers to effectively and easily organize their intellectual capital assets. The companies will jointly offer enterprise customers the opportunity to integrate a set of Factiva’s industry- specific taxonomies with Verity’s intellectual capital management software, K2 Enterprise. In addition, customers can gain access to Factiva’s global collection of nearly 8,000 content sources, and engage the taxonomy and technical experts of Factiva Client Solutions.

Under the terms of the partnership, Factiva will offer its content and taxonomy expertise, including strategy and implementation – adaptable to the specific needs and rules of an organization – for use with Verity’s flagship intellectual capital management solution, K2 Enterprise. Factiva will offer its established general business taxonomy for companies, industries, regions and subjects, as well as its recently announced specialized pharmaceutical and healthcare taxonomy. Factiva Client Solutions, including its taxonomy specialists, will now be available to assist with Verity implementations.

Verity K2 Enterprise enables global organizations of all sizes to identify, manage and utilize the information contained in their digital and human assets to realize competitive advantages such as increased productivity, shortened business cycles, and expanded sales and revenue. It fully integrates search, classification and personalization capabilities for enterprise portals to uncover vast amounts of information and data residing in both internal and external repositories. K2 Enterprise is a fault-tolerant, highly scalable solution that delivers a host of other advanced search capabilities, such as adaptive ranking, support for 26 languages, as well as comprehensive gateway support to leading information repositories, including Lotus Notes, Microsoft Exchange, ODBC and Documentum.

Factiva has more than 20 years of experience managing unstructured data, building taxonomies, and implementing custom content solutions for its clients. Each day, Factiva processes, categorizes, and stores more than 115,000 articles in multiple formats and languages. Its content archive includes more than 200 million documents, all consistently categorized to a complex taxonomy, enabling Factiva to deliver targeted and personalized information to nearly 1.6 million paying subscribers in information-intensive organizations around the world.

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