The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

ITRS Adds Capacity Planning Capability Through Acquisition of Sumerian

ITRS Group has concluded a nine-month partnership with Sumerian, which developed ITRS Insights Capacity Planning, with the acquisition of the firm. The acquisition combines ITRS’ real-time monitoring software with Sumerian’s predictive capacity analytics to help financial institutions save money on under-used resources, while quantifying business risks and avoiding outages.

The solution takes large-scale data from the ITRS Geneos monitoring tool – and other monitoring tools – and puts it into Sumerian’s predictive analytics engine, which recommends optimisations, uses machine learning to predict future issues, and quantifies business risks through scenario modelling.

Guy Warren, CEO at ITRS, explains: “Customers need to avoid downtime from over-used capacity and save money by spotting under-used resources. Sumerian’s Capacity Planner addresses both of these issues. In many jurisdictions it is a regulatory requirement to be able to report business capacity, including capacity in a disaster recovery fail over situation. Incorporating Sumerian’s application demand modelling will allow ITRS to support these needs.”

The management team of Sumerian will stay with the company, which will be run by CEO Peter Duffy during the integration of Sumerian functionality into appropriate parts of ITRS.

Related content

WEBINAR

Upcoming Webinar: Integrating Intelligent Machine Readable News

Date: 30 November 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Intelligent machine readable news is a powerful tool in the arsenals of trading and investment firms seeking competitive advantage. It turns unstructured data into actionable insight and can be used, for example, to uncover market trends, identify correlations and...

BLOG

Exberry Partners with Arcadier to Bring Exchange-Grade Technology to New Marketplaces

Exberry, an exchange technology provider, will provide infrastructure to enhance user capabilities and price discovery for Arcadier’s marketplace platform. The technology partnership aims to provide Arcadier’s marketplace operators with a unique trading experience, with all the robust features of an established exchange, offering sellers and buyers enhanced price discovery, creating a new, customer-focused, buying experience....

EVENT

TradingTech Summit London

TradingTech Summit London will explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility. Leveraging the cloud, AI and ML technologies to get an edge, automate processes and simplify operations in a cost effective way is the name of the game and will share practical insight from practitioners and technology leaders who are innovating and driving forward change in trading operations.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...