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

Crux Software-as-a-Service Platform Automates Integration of External Data

Subscribe to our newsletter

Crux, provider of a data integration, transformation, and observability solution, has released Crux External Data Platform, a Software-as-a-Service (SaaS) offering designed to allow organisations to onboard thousands of external datasets directly from vendors into internal data systems and drive better, faster decisions.

Crux builds data pipelines at scale, allowing enterprises to ingest any custom data source, and operates over 50,000 pre-engineered pipelines to deliver external datasets in a data science and analytics ready format. Crux External Data Platform makes the company’s capabilities, including data integration, validation and transformation, available to data engineers.

“The cloud enabled enterprises to reduce infrastructure and maintenance costs, consolidate on-premise data warehouses, scale on demand, and access critical resources in minutes. The Crux External Data Platform is similarly transformative, allowing data engineers to onboard external data products into their data warehouse or cloud analytics environment in minutes,” says Will Freiberg, CEO at Crux.

Early users of the platform, including Two Sigma and Schroders, are accelerating external data onboarding, gaining insights through rapid trials of new data products, and reducing data engineers’ workloads. They are also using AI and ML capabilities to automate and streamline data workflows, decreasing the need for manual intervention and improving accuracy.

Dan Lynn, senior vice president of products at Crux, says: “The platform is an opportunity for data engineers to flip the ratio from 70% of time spent preparing data to 70% of time driving higher value analytics and insights.”

Jeff Wecker, chief technology officer at Two Sigma, comments: “Integrating, transforming, and absorbing data into our pipelines is a massive undertaking. Crux acts as a universal translation layer to provide our data teams a quicker path to high-quality data sets and our researchers faster access to systematic data-driven insights.”

Crux has partnerships with over 265 data providers including ESG data suppliers such as MSCI ESG, ISS ESG, and RepRisk.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

NeoXam Sets Sights on Narrowing Private Data Gap Between GPs and LPs

As demand for private markets data accelerates, asset allocators are finding themselves having to play digital catch up with their investor counterparts. General partners (GPs), who manage private funds and allocate capital invested by limited partners (LPs) have found themselves technologically behind the curve as institutional investors plough into the once-niche markets. But because LPs are...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...