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ScaleOut Addresses Big Data In-Memory Analytics; Adds Multi-Site, Cloud Support
ScaleOut Software has released version 5 of its ScaleOut StateServer in-memory data grid. For the first time, it supports linking grids across physical sites, including leveraging cloud services – providing an elastic architecture for big data analysis. Version 5 is currently available for public clouds Amazon Web Services and Windows Azure. “By helping developers and…
Brown Brothers Harriman Works with DTCC to Reduce Risk in Corporate Actions
Brown Brothers Harriman (BBH) has gone live with DTCC’s standards-based corporate actions real-time messaging and expects the solution to provide both operational efficiencies and reduced operational risk. The solution is part of a multi-year corporate actions reengineering project at DTCC that will replace 60 legacy systems by 2015 with a single platform that is compliant…
The Benefits of Going Big for Eikon Users
By Philip Brittan, Thomson Reuterswww.thomsonreuters.com The scale of data in financial services is, although significant, dramatically smaller than it is for online consumer companies like Google or Amazon. For financial services, petabytes are huge, but for those firms they are a rounding error. Nevertheless the need for real-time throughput makes financial services data a unique…
Q&A: RainStor’s John Bantleman on Big Data Scale with Low Cost and Complexity
Big data storage and analytics is not just about MapReduce and Hadoop. A number of specialised database products have grown up that look to solve the problems of data scale, while keeping a focus on costs, and overall complexity and manageability. One such database is RainStor, from the company of the same name. We spoke…
FSB Outlines Plans for Federated Access to Centralised ISO 17442-Based LEI Database
The Financial Stability Board (FSB) has outlined details of the global legal entity identifier (LEI) system that it will propose at the forthcoming G20 meeting on June 18-19 in Los Cabos, Mexico. The system would involve the creation of “a ‘logically’ centralised database of identifiers and corresponding reference data” that would appear seamless to users…
BTG Pactual Transforms Data Management with Asset Control’s AC Plus
Brazilian investment bank BTG Pactual is implementing Asset Control’s AC Plus data management solution to optimise data and risk management ahead of a major push into international markets. The implementation of the data management system, one of the first in Latin America, is under way with a deadline to finish the initial stage of the…
Q&A: Ron Huizen of BittWare on Accelerating FPGA Development
BittWare was in the news recently with its FPGA network boards being adopted by Fixnetix for its trading and pre-trade risk offering. As well as providing hardware, BittWare’s also has tools to speed up FPGA development, helping to overcome a much-cited drawback of adopting them. IntelligentTradingTechnology.com talked to the company’s vice president of technology Ron…
NYSE Technologies, Bloomberg Offering Open Data APIs
This week’s formal roll out of OpenMAMA – aka the open source Middleware Agnostic Messaging API – from NYSE Technologies and friends (now officially hosted as a Linux Foundation project) means that trading firms and vendors now have a choice of open data APIs, the other being Bloomberg’s newly open BLPAPI. OpenMAMA – now at…
SwiftRef Utility to Include LEI, Reference Data
Interbank messaging organisation Swift is suggesting that its SwiftRef payments reference data utility, which went live in January, will also host legal entity identifier (LEI) reference data when it becomes available later this year, and perhaps securities reference data as well. SwiftRef was conceived to fill a perceived market gap in accurate and up-to-date payments…
US Data Transparency Coalition Focuses on Federal Data in Capital Markets
The US Data Transparency Coalition (DTC) introduced last week to advocate for the standardisation of federal data published online, warns that without significant changes in electronic data creation and management capital markets remain open to a crisis on the scale of the 2008 collapse of Lehman Brothers. If that is a worst case scenario of…