EXTON, PA (March 24, 2009) - CAP Index, Inc., the world leader in crime forecasting, today unveiled the 2009 version of CRIMECAST™, the company’s pioneering crime vulnerability database. The new model represents the most precise and highly validated version of crime data available to customers nationwide.
The updated CRIMECAST database is the culmination of a two-year long development process. “When signs of weakness in the housing market first began appearing, we anticipated that early softness in this arena would have a long and deep impact on the overall economy, and that this sustained downturn could cause some dramatic - even unanticipated - shifts in crime,” said Jon D. Groussman, President and Chief Operating Officer of CAP Index.
As a result, the company was spurred to create the most comprehensive crime vulnerability database on the market. The 2009 CRIMECAST model provides the most precise, nuanced and highly validated data ever offered, reflecting rapidly changing patterns of crime across the country and revealing some surprising shifts about where that crime is occurring. Brand new enhancements include:
- Data from far more police jurisdictions than ever before;
- Over 60 new demographic predictors;
- Extensive validation against a broad range of company loss-reporting data.
With the latest version of CRIMECAST, businesses now have access to the absolute best crime and loss prediction tools available, all at a time when their ability to manage risk is more critical than ever.
The updated CRIMECAST database is the culmination of a two-year long development process. “When signs of weakness in the housing market first began appearing, we anticipated that early softness in this arena would have a long and deep impact on the overall economy, and that this sustained downturn could cause some dramatic - even unanticipated - shifts in crime,” said Jon D. Groussman, President and Chief Operating Officer of CAP Index.
As a result, the company was spurred to create the most comprehensive crime vulnerability database on the market. The 2009 CRIMECAST model provides the most precise, nuanced and highly validated data ever offered, reflecting rapidly changing patterns of crime across the country and revealing some surprising shifts about where that crime is occurring. Brand new enhancements include:
- Data from far more police jurisdictions than ever before;
- Over 60 new demographic predictors;
- Extensive validation against a broad range of company loss-reporting data.
With the latest version of CRIMECAST, businesses now have access to the absolute best crime and loss prediction tools available, all at a time when their ability to manage risk is more critical than ever.