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: The emerging structure of the institutional digital assets market

As interest in trading digital assets continues to increase among institutional investors, so too does the need to focus on market structure, regulation and trading solutions. For financial institutions that get it right the rewards will be significant, but it is not necessarily easy and the challenges are many. This webinar will consider how digital...

BLOG

2024: Why FX Liquidity Provision Analysis (LPA) will Come Into its Own

By Daniel Chambers, Head of Data & Analytics at BidFX (an SGX company). As we usher in 2024, the world of market infrastructure is abuzz with anticipation, particularly in the foreign exchange (FX) markets where investors hang on every word uttered by central banks around monetary policy. Looking ahead, the New Year promises an increased...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Data Lineage Handbook

Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...