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: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

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

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...