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

Progress Real Time’s DataXtend Provides Data Integrity Capability

Subscribe to our newsletter

Progress Real Time, best known for its software for handling real-time complex event processing particularly in the electronic trading environment, has positioned a new product offering to exploit opportunities in the reference data environment.

Progress Real Time this month launched its DataXtend line of infrastructure technologies, comprising a Replication Engine (RE) module and a Caching Engine (CE) module. The DataXtend CE module incorporates Progress’s so-called Continuous Cache Coordination (CCC) feature, that could help financial institutions ensure that their existing databases of reference data are kept in sync when changes are made to them.

According to Ken Rugg, vice president of real time data services at Progress, the company’s intention is not to define reference data models for financial institutions, but rather to provide the database management infrastructure that ensures data integrity where these databases are already in place. The DataXtend CE module works with the major relational database management systems, including Sybase, Oracle and SQL Server, to map between existing reference data schemas to ensure consistency and integrity of data.
An example of a possible deployment of DataXtend would involve a client seeking to take an incremental approach to implementing a centralized reference data management environment. Here, both RE and CE could be used to ensure consistency as new data models are applied to specific applications within the enterprise.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Strategies and solutions for unlocking value from unstructured data

Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social media posts, news articles and sustainability and company reports – that were all but...

BLOG

Unfashionable ESG Risks Unearthed in RepRisk Supply Chain Report

ESG data can get under the skin of companies – sometimes literally. A European fashion retailer was accused of selling fur products despite repeated appeals and evidence highlighting the mistreatment and unethical slaughter of animals such as foxes, rabbits, and chinchillas. The incident was one of thousands included in a new RepRisk report for its...

EVENT

TradingTech Summit London

Now in its 14th 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

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...