Alveo has responded to market demand for reduced cost of change and faster turnaround when onboarding and operationalising new content in areas such as pricing, security master, ESG, and corporate actions, with new data modelling and onboarding capabilities in its Ops360 platform.
The capabilities allow data analysts to graphically model, onboard and maintain new data sources directly from within Alveo’s Ops360 user interface, enabling them to achieve operational efficiencies. Ops360 was initially released in March 2020 with a focus on enabling business and operations users to easily browse, process and validate financial data.Neil Sandle, Chief Product Officer at Alveo, says: “The new capabilities enable end users to more rapidly onboard and more easily maintain integration with data sets, which cuts time to production and cost of maintenance. Most changes in data vendor offerings come down to additional attributes and these can be easily handled by data analysts without the need for a data processing engineer. New loaders and new versions of data loaders require loading of only metadata changes.”
The new capabilities in Ops360 are powered by Alveo’s underlying Business Domain Model Service and built on Alveo’s microservices architecture and containerisation that was released last year. Alveo is also using the capabilities in its customer operations to accelerate change management, improve data governance, and as the basis for an intelligent exception handling process.
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