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

SAS Teams With SAP for Real-Time Analytics

Subscribe to our newsletter

Analytics specialist SAS is working with SAP and its in-memory HANA technology in order to offer real-time applications, including potentially for financial markets trading and risk use cases. Early offerings are due in the first half of 2014.

Ken Tsai, head of SAP HANA product marketing and vice president of technology innovation platforms at SAP, says: “Working with SAS is part of SAP’s initiative to reach out to independent software vendors and consider the possibility of running their apps on the SAP HANA platform. For SAP HANA to grow, we need to take on provocative alternatives to SAP apps.”

SAP is working with some software vendors that may compete with its own enterprise apps, but Tsai says SAS’s analytic apps have very little overlap with SAP’s and have been oriented to data science and computational work rather than the business markets addressed by SAP.

The collaboration is expected to enable massive parallelisation of computationally intense workloads in-memory. These could include pre-trade algo strategy building through to post-trade risk management.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

Growing Modern Data Platforms Adoption Seen as Benefits Become Apparent: Webinar Review

Take-up of modern data platforms (MDPs) is expected to accelerate in the next few years as financial institutions realise the greater agility, scalability and deeper insights offered by the innovation. Organisations that have so far been relatively slow to adopt the streamlined platforms – because they have been unsure of the technologies’ benefits – will...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...