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

Hexaware Technologies Partners with Greenplum for Data Warehousing and Analytics Offering

Subscribe to our newsletter

Data management outsourcing vendor Hexaware Technologies has signed a partnership agreement with database software vendor Greenplum, under which the two will collaborate to produce a new data warehousing and large scale analytic processing solution. Greenplum will provide the database platform and Hexaware will focus on the migration, implementation, upgrades and maintenance services for the offering, explains Moorthi Chokkanathan, global head of enterprise solutions for Hexaware.

“Hexaware, with a focused business intelligence and analytics practice, has decided to partner with Greenplum, recognising Greenplum’s approach to tackle exploding data volumes and their ability to help customers achieve the compelling value proposition of petabyte scale analytics at breakthrough speeds,” says Chokkanathan. The solution is therefore aimed at allowing firms to cope with growing data volumes at the same time as meeting increasingly stringent analytics requirements that have sprung up as a result of regulatory and customer pressures. Keith Budge, Greenplum’s general manager for Asia Pacific and Japan, reckons the vendor’s offering is ideally placed to meet these needs. Its Greenplum Database is based on a massive parallel processing (MPP) architecture designed to support next generation data warehousing and large scale analytical processing by scaling from terabytes to petabytes of data, he explains. Hexaware hopes to bring its practical experience to the mix and address the end to end implementation of the data warehouse, says Chokkanathan. To this end, Greenplum will initially provide Hexaware with the preliminary training and familiarisation of the database. Hexaware will then build competencies and solution accelerators around the database thus tailoring to specific customer needs. To support these endeavours, Hexaware is setting up a Greenplum centre of expertise and will be creating a team of Greenplum software professionals. As a part of this alliance, Hexaware and Greenplum will also engage in joint go to market activities, which will include customised solutions for individual firms.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Northern Trust Highlights Asset Owners’ Data Challenge in Private Markets

Much is spoken of the data challenges that institutional asset managers are facing as they redraw their business models to meet the demands of a new economic environment, but less is said of asset owners, who are undergoing their own operational transformations. For them, the data journey is just as challenging; as their operational models...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Pricing and Valuations

This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.