Equitus Corporation, an enigmatic Florida technology company best known for its advanced work on AI and graph database intelligence platforms built for the defense intelligence community, has formed NovusPoint Inc. to meet the growing demand for to match similar skills in the finance, banking and insurance industries.
Equitus Corporation has spent years creating an entirely new generation of military-grade data structures and analytics development platforms that enable defense contractors to build custom solutions for government customers that easily integrate, combine, correlate and connect vast amounts of disparate data to provide consolidated insights to deliver the warrior. Fintech organizations face a similar problem, that of disjoint data types that need to be connected together at scale and at high speed. The lack of an advanced AI/ML data structure in the banking and fintech industry is evidenced by the high volume of siled underutilized data and the need to deploy multiple tools and systems to meet compliance and consumer demands.
Based on the Equitus data structure, the NovusPoint ecosystem consists of AI, machine learning and powerful mathematical models that enable comprehensive analysis of all an organization’s data assets in a single context to improve understanding, drive growth, profitability and market resilience. NovusPoint analytics provide real-time intelligence to drive immediate action in the moment.
Wesley Westmoreland, the new President of NovusPoint Inc, has been with Equitus Corporation for more than 5 years and 20 years in leadership positions in banking, finance, marketing and technology. Focus on regional, national and global growth. He is currently serving his second term as a trustee for the United States Army Command & General Staff College (USACGSC), which supports the School for 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 explains, “I originally joined Equitus Corp in 2018 to help grow its position in the intelligence and defense communities. However, by early 2022, external fintech interest in Equitus had grown to the point that we were in serious discussions with some of the biggest players in the fintech space, and we knew we had to form NovusPoint Inc. to deliver that, what they need without interfering with our defense sector business. As of December 1, 2022, NovusPoint will be live.”