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

Pivotal Taps NYSE for Data Dispatch Middleware

Subscribe to our newsletter

Pivotal – the EMC/VMware analytics spinout – has released Pivotal Data Dispatch (PDD), a platform for discovery of and analytical processing on data stored in disparate repositories. The product was developed at NYSE Euronext for its internal surveillance and regulatory purposes and has been in use there since 2007.

According to product documentation, PDD provides “on-demand access to big data while supporting existing visualisation and analytical tools. installed as a middleware service on a commodity linux cluster, Pivotal Data Dispatch enables it administrators to set up data sources, analytical platforms, business metadata and access policies.” Data extracted from sources can then be fed into Hadoop or an MPP database for analytic processing.

Key features:

* Provisioning at Terabytes Per Hour – PDD gathers user-requested data from multiple sources, translates it to the destination format, applies user-defined and policy-driven transformations, and loads the data onto an analytical platform.

* Analytics Workflows – PDD includes a web-based workflow tool, so data workers can create multistep analytics workflows that include data movement, transformation and analytics.

* Heterogeneous Data Platform Support – PDD includes native adapters and resource monitoring for multiple platforms, including Pivotal HD and HAWQ, Pivotal greenplum Database (GPDB), Apache Hadoop, IBM Netezza, Oracle and SQL Server. It can also connect with any database through JDBC, and with most distributed file systems, such as NFS.

The NYSE/Pivotal collaboration came about when the exchange chose the Greenplum MPP database for its regulatory and surveillance needs, and built the middleware to populate the Greenplum analytics database from various internal data repositories. Greenplum was since aquired by EMC, and is now offered by Pivotal. EMC also provides storage for the Community Platform cloud offering, from NYSE Technologies, the exchange group’s commercial technology unit.

Says NYSE Euronext Chief Data Officer Steven Hirsch: “Pivotal Data Dispatch solves complex market surveillance and regulatory data needs, and is heavily utilised across NYSE Euronext production systems today. Together, we understand the pressures of managing big data, and the processing power behind Pivotal Data Dispatch technology allows us and their customers to store data reliably at significant scale and easily adapt to fast-paced changes in the big data universe.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

FSB Guidance for Supervisors – Tracking Systemic AI Adoption Risk

The Financial Stability Board (FSB) has released detailed guidance on how regulators and supervisors should monitor the adoption of artificial intelligence (AI) across the financial system. The report, Monitoring Adoption of Artificial Intelligence and Related Vulnerabilities in the Financial Sector, provides a practical framework for identifying where AI use may introduce or amplify systemic risks....

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Alternative Trading Systems Directory 2010

The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake...