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

SAS Teams With SAP for Real-Time Analytics

Subscribe to our newsletter

Analytics specialist SAS is working with SAP and its in-memory HANA technology in order to offer real-time applications, including potentially for financial markets trading and risk use cases. Early offerings are due in the first half of 2014.

Ken Tsai, head of SAP HANA product marketing and vice president of technology innovation platforms at SAP, says: “Working with SAS is part of SAP’s initiative to reach out to independent software vendors and consider the possibility of running their apps on the SAP HANA platform. For SAP HANA to grow, we need to take on provocative alternatives to SAP apps.”

SAP is working with some software vendors that may compete with its own enterprise apps, but Tsai says SAS’s analytic apps have very little overlap with SAP’s and have been oriented to data science and computational work rather than the business markets addressed by SAP.

The collaboration is expected to enable massive parallelisation of computationally intense workloads in-memory. These could include pre-trade algo strategy building through to post-trade risk management.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

Exegy to Launch First Consolidated Overnight BBO Feed for After-Hours Trading Venues

Exegy is set to introduce what it describes as the first consolidated Overnight Best Bid and Offer (OBBO) feed covering all three US after-hours equity trading venues, addressing a gap in overnight price discovery as markets move toward extended and near-continuous trading models. The new feed, due to be launched within the next few weeks...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...