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

Alveo Accelerates Data Deployment to Workflows and Applications with Delta Data Integration Capability

Subscribe to our newsletter

Alveo, has extended its commitment to open source technologies with the release of Delta, a data distribution capability. Delta uses the latest cloud latest cloud technologies to accelerate the deployment of market data sets into business user workflows and business applications, and is an integral part of Alveo’s data management suite, which includes Prime data mastering solutions and the Alpha Datawarehouse.

Delta allows users to choose whether to stream data using the Kafka distributed event streaming platform or send defined exports of data sets via csv, xml, json or other formats at regular intervals. Any data delivery is configured by defining criteria for a list of interest of financial instruments, its attribute coverage, quality criteria and format. This flexibility in exporting and shaping data speeds up integration with business applications and any third-party downstream data warehouse.

Neil Sandle, head of product management at Alveo, explains: “Using Delta, our customers can easily onboard new downstream destinations. Delta generalises the concept of a query to the point that any query can immediately be registered as a recurring data export. Customers control who gets what through managing subscription lists and setting up new data shapes. Delta includes our REST API and an easy-to-use report builder. Financial services firms often have a varied application landscape and Delta’s adaptability to downstream consumption ensures data consistency and data quality throughout overall workflow processes.”

With data distribution, or last mile integration, typically representing over 80% of the cost of data management projects, Mark Hepsworth, CEO at Alveo, adds: “By introducing an easy and flexible way of onboarding new systems, Delta provides faster access to quality vetted data, accelerates time to market and materially reduces both direct cost of change as well as opportunity cost. Easier access to high quality market data is a key issue for financial institutions as they focus more on data driven workflows. Delta facilitates this.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Record Debt Issuance Is Exposing The Bond Market’s Information Gap

By Swati Bhatia, head of fixed income, financial information at SIX. Sovereign bond issuance across the OECD’s member countries is predicted to have reach a record US$17 trillion at the end of last year, a scale of borrowing that would have seemed mind-boggling only a few years ago. On the corporate debt side, the total...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

FRTB Special Report

FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.