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

A-Team Insight Blogs

Oracle to Buy Data Integration Vendor GoldenGate Software

Share article

Oracle has agreed to acquire GoldenGate Software, a provider of real-time data integration solutions. The addition of technology from GoldenGate extends Oracle’s capabilities with a heterogeneous real-time data integration solution and adds functionality to maintain uptime of business critical applications during migrations and upgrades.

“The need to improve operating performance in a global 24×7 environment has led to the need for data integration to support real-time and high availability capabilities,” says Hasan Rizvi, senior vice president of Oracle Fusion Middleware Product Development. “With the addition of GoldenGate, Oracle expects to help our customers achieve better performance through improved business intelligence and business continuity with real-time information.”

The combination of GoldenGate and Oracle is expected to create a comprehensive heterogeneous data integration platform. Customers are expected to benefit from enhanced real-time data movement, replication and synchronisation across heterogeneous systems enabling improved business intelligence, while providing high availability of business critical applications.

“Oracle and GoldenGate share a common vision to bring a comprehensive data integration solution to customers,” says Ali Kutay, GoldenGate Software president and CEO. “Our partnership spans more than 10 years and now our joint vision can help companies make better decisions based on more timely, accurate information across multiple systems.”

The transaction is subject to customary closing conditions and regulatory approvals and is expected to close later this year. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.

Related content

WEBINAR

Recorded Webinar: Regulation and Risk as Data Management Drivers

This webinar has passed, but you can view the recording by registering here. As the regulatory onslaught continues, more forward-thinking financial institutions are seeking ways to build a data management and data governance framework that spans regulations and provides a methodology for expanding scope as the regulations continue to evolve. How can this be achieved?...

BLOG

There Is No Spoon: Matrix IDM Takes EDM to the Cloud

Matrix IDM, an investment data platform specialising in EDM as SaaS, has had a busy year. With offices in Sydney, London and New York, two major new clients signed up over the past month and over half a trillion dollars now managed on its platform, the start-up has come a long way since its launch...

EVENT

Data Management Summit London

Now in its 11th year, the Data Management Summit (DMS) in London, will explore how financial institutions are adapting their data strategies to capitalise and support revenue generating activities and operational efficiency in today's digital and cloud based environment. Join us to hear from leading data practitioners and innovators who will share insights into how they are pushing the boundaries with data and delivering value through data and analytics.

GUIDE

MiFID II Handbook

As the 3 January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) approaches, A-Team Group has pulled together everything you need to know about the regulation in a precise and concise handbook. The MiFID II Handbook, commissioned by Thomson Reuters, provides a guide to aspects of the regulation that will have...