About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

GigaSpaces Points XAP9.0 at Big Data

Subscribe to our newsletter

GigaSpaces Technologies has released XAP9.0 – its application platform – focusing it on real-time big data applications.  Says Adi Paz, GigaSpaces’ EVP of marketing and business development: “What is common to all real-time analytics systems is the need for streaming data processing, alongside batch processing, such as Hadoop provides.  However, building a system for big data apps is complicated – it must maintain reliability, scalability, and performance even at immensely large scales of data.  XAP 9.0 was specifically designed to resolve these challenges.”

Specific functionality in XAP9.0 includes:

– Patent-pending parallel processing.
– Fine-grained data compression.
– Reduced memory footprint, with no compromise on query capabilities.
– Local view, which enables keeping local data continuously updated
– Ability to work across multiple sites, dynamically, through XAP’s WAN Dynamic Topology API.
– Integration with big data back-end databases, such as Hbase, Cassandra, and MongoDB to ensure consistent flow of data without affecting performance.
– Big data analytics on the cloud.
– Consistent automation of deployment, scaling, and failover of the entire big data application stack on any private or public cloud.
– Built-in support for managing big data services, such as Cassandra, MongoDB, Solr, and more.
– Support for bare metal environments for extreme I/O.
– Elastic scaling to reduce the total cost of ownership of running big data apps.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

smartTrade’s kACE Acquisition Signals the Next Phase of FX Derivatives Automation

smartTrade’s agreement to acquire kACE Financial from BGC Group underscores a decisive shift in institutional FX trading technology, as the market moves beyond connectivity-led platforms toward deeper pricing intelligence, derivatives automation, and converged front-office workflows. Under the terms of the transaction, kACE is valued at up to $119 million, comprising an initial $80 million payment...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Enterprise Data Management, 2010 Edition

The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...