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

PolarLake Adds Grid Computing Capabilities to RDD Platform

Subscribe to our newsletter

PolarLake had added grid computing capabilities to its Reference Data Distribution (RDD) platform in order to increase its scalability for downstream uses. John Randles, CEO of the vendor, explains that the enhancements have been added to PolarLake RDD to allow firms’ enterprise data management (EDM) platforms to support more than two or three downstream systems.

“By adding this capability to PolarLake RDD we have taken away a lot of the technical complexity of scaling up a distribution application where the alternative is to custom build in an extract, transform and load (ETL) tool or code,” claims Randles. “The particular complexities of the distribution processes in the reference data world can lead to lots of bespoke, specialised engineering work, particularly when scaling to grid technologies.”

PolarLake RDD’s data distribution and streaming capabilities are therefore available on grid technology to allow for firms to deal with larger volumes of reference data at a faster speed, says the vendor. The solution also includes five new grid-enabled features: distributed delivery agents, initial seeds, store and forward, resource optimisation and delivery agent’s dashboard.

The distributed delivery agents enable the separation of processing and transformation from the delivery process while maintaining the solution’s data streaming capabilities, says the vendor. The solution also allows for the initial setup of a downstream systems and recovery in a fatal outage of a downstream system.

The store and forward function allows the delivery agent to store up messages until a downstream system comes back online and automatically re-synchronise the data once this has happened. The solution also allows for unused computing resources on the grid to take on the work of distribution and therefore optimise resources, says PolarLake.

The delivery agent’s dashboard enables operations personnel to view and monitor in real time the operation of PolarLake RDD across the grid and to remediate any distribution problems that may arise.

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

CFTC File Format Change to Impact Futures Data Management Teams

For futures commission merchants, clearing members, proprietary trading firms, and banks with material futures and options exposure, the transition of CFTC Part 17 Large Trader Reporting to FIX Markup Language (FIXML) is a test of data management maturity. This change directly affects firms responsible for aggregating, validating, and submitting large trader position data, often across...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...