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

Eagle Taps In-Memory VoltDB For Performance Measurement

Subscribe to our newsletter

BNY Mellon unit Eagle Investment Systems has selected and will resell in-memory database technology from VoltDB. Eagle will leverage the VoltDB database to underpin real-time analytics and decision support functionality initially for its performance measurement offering.

VoltDB is an ACID-compliant relational database offering a SQL interface and Java stored procedures, designed to support high velocity transactions.

Says Eagle CTO, Marc Firenze: “We deliver the best in class technology to our clients, and when we evaluated VoltDB, we discovered that it suited our requirements. Its in-memory, high-velocity database will enhance our current and future offerings, and our first use of VoltDB will be in our forthcoming ex-ante risk extension to our performance measurement solution.”

“Big data is changing the way developers design, plan and build applications, especially in the financial services industry, where speed and cost per transaction efficiency are absolutely essential,” says VoltDB CEO, Bruce Reading.

Now shipping its version 3.0 product, VoltDB was founded in 2009. It is one of the many data management companies to benefit from the work of Michael Stonebraker – others being Ingres (folded into Actian, with its open source offering the genesis for the likes of Pivotal’s Greenplum database), Illustra, (aquired by Informix, and in turn by IBM), Cohera (IP of which is now in Oracle), StreamBase Systems (now part of TIBCO Software), Vertica (acquired by HP), and most lately Paradigm4.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

Twelve Leading Data Lineage Solutions for Capital Markets

The ability to trace the journey of data from its origin to its final report is no longer a luxury but a regulatory and operational necessity. As firms grapple with the intensifying requirements of regulations such as BCBS 239, GDPR and the shifting landscape of MiFID II, the “black box” approach to data management has...

EVENT

AI in Data Management Summit New York City

Following the success of the 15th Data Management Summit NYC, A-Team Group are excited to announce our new event: AI in Data Management Summit NYC!

GUIDE

Complex Event Processing

Over the past couple of years, Complex Event Processing has emerged as a hot technology for the financial markets, and its flexibility has been leveraged in applications as diverse as market data cleansing, to algorithmic trading, to compliance monitoring, to risk management. CEP is a solution to many problems, which is one reason why the...