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: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

Gresham Enhances Investment Management Reconciliation Platform with New Web Interface and API

Gresham Technologies, a global provider of enterprise data automation solutions for the financial services sector, has announced a significant update to its reconciliation platform, Control for Investment Management, which introduces a streamlined web-based interface aimed at improving daily oversight of critical data, while preserving the platform’s core reconciliation capabilities. New functionality includes an API designed...

EVENT

Data Licensing Forum 2025 NYC

The Data Licensing Forum will explore industry trends, themes and specific developments relating to licensing of financial market data from Exchanges and Data Vendors.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...