Amazon Web Services has introduced High I/O instances for its EC2 compute cloud, leveraging solid-state disks (SSDs) to speed up storage I/O. The SSDs can deliver 120,000+ read and 80,000 write operations per second. Although pitched at companies providing consumer apps, such performance would help to make AWS more attractive to running financial analytics, perhaps on time series data.
Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...
Genesis Global has announced a significant update to its AI-native application development platform for financial markets, giving end-users direct control over the creation, modification and distribution of reports based on application data. The enhancement marks a shift from traditional development practices, where changes to reporting functions would typically require developer intervention and code adjustments. The...
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.
he US may seem to be ahead of the rest of the world in terms of championing the data management cause with the inclusion of reference data focused items in the Dodd-Frank Act, but Europe is not too far behind. Senior European level officials such as European Central Bank (ECB) president Jean-Claude Trichet have taken...