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

Eagle Taps In-Memory VoltDB For Performance Measurement

Subscribe to our newsletter

BNY Mellon unit Eagle Investment Systems has selected and will resell in-memory database technology from VoltDB. Eagle will leverage the VoltDB database to underpin real-time analytics and decision support functionality initially for its performance measurement offering.

VoltDB is an ACID-compliant relational database offering a SQL interface and Java stored procedures, designed to support high velocity transactions.

Says Eagle CTO, Marc Firenze: “We deliver the best in class technology to our clients, and when we evaluated VoltDB, we discovered that it suited our requirements. Its in-memory, high-velocity database will enhance our current and future offerings, and our first use of VoltDB will be in our forthcoming ex-ante risk extension to our performance measurement solution.”

“Big data is changing the way developers design, plan and build applications, especially in the financial services industry, where speed and cost per transaction efficiency are absolutely essential,” says VoltDB CEO, Bruce Reading.

Now shipping its version 3.0 product, VoltDB was founded in 2009. It is one of the many data management companies to benefit from the work of Michael Stonebraker – others being Ingres (folded into Actian, with its open source offering the genesis for the likes of Pivotal’s Greenplum database), Illustra, (aquired by Informix, and in turn by IBM), Cohera (IP of which is now in Oracle), StreamBase Systems (now part of TIBCO Software), Vertica (acquired by HP), and most lately Paradigm4.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

TRG Screen Launches AI Assist to Advance Reference Data Cost Management

Market data spend and usage management software provider TRG Screen has launched an artificial intelligence-powered capability to help financial institutions better manage spiralling data costs. The conversational AI interface sits on top of TRG Screen’s established Xmon platform, allowing users to interact with their own programme data using natural language. Instead of digging through technical reports, users can ask the system direct questions about cost optimisation opportunities and...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Complex Event Processing

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...