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

Upcoming Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

10 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency,...

BLOG

Data Convergence Initiative Seeks to Bring ESG Clarity to Private Markets

Private market data tools have become a fixture of the data management industry, as evidenced by year-ahead predictions from experts who routinely put it near the top of their lists of anticipated developments in 2025. A slew of new products have also been launched to cater to the growing demand for information from general partners (GPs),...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

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...