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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Barclays Deepens Market Data Strategy with Multiyear FactSet Agreement

Barclays has agreed a multiyear strategic collaboration with FactSet that marks a shift in how the bank is approaching market data and analytics infrastructure as part of a broader enterprise-level data strategy. The arrangement will see Barclays integrate a broad suite of FactSet products, data and technology solutions into its workflows to support data-driven decision-making...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...