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

Progress Real Time’s DataXtend Provides Data Integrity Capability

Subscribe to our newsletter

Progress Real Time, best known for its software for handling real-time complex event processing particularly in the electronic trading environment, has positioned a new product offering to exploit opportunities in the reference data environment.

Progress Real Time this month launched its DataXtend line of infrastructure technologies, comprising a Replication Engine (RE) module and a Caching Engine (CE) module. The DataXtend CE module incorporates Progress’s so-called Continuous Cache Coordination (CCC) feature, that could help financial institutions ensure that their existing databases of reference data are kept in sync when changes are made to them.

According to Ken Rugg, vice president of real time data services at Progress, the company’s intention is not to define reference data models for financial institutions, but rather to provide the database management infrastructure that ensures data integrity where these databases are already in place. The DataXtend CE module works with the major relational database management systems, including Sybase, Oracle and SQL Server, to map between existing reference data schemas to ensure consistency and integrity of data.
An example of a possible deployment of DataXtend would involve a client seeking to take an incremental approach to implementing a centralized reference data management environment. Here, both RE and CE could be used to ensure consistency as new data models are applied to specific applications within the enterprise.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Nature-Risk Data Proposals Hailed as Pathway to Better Investment Decisions

Proposals to improve the nature-risk data value chain has been welcomed by sustainability data leaders who said they will pave the way for better decision making and reporting by financial institutions and provide more detailed analyses for investors. The proposals offer a slate of principles to improve the quality of state-of-nature data collection and integration...

EVENT

TradingTech Summit New York

Our TradingTech Briefing 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

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...