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

A-Team Insight Blogs

Xenomorph Integrates TimeScape EDM+ with MarkLogic NoSQL Database

Xenomorph has extended the reach of TimeScape EDM+ by integrating the solution’s data management and analytics capabilities with the MarkLogic document-based NoSQL database. The integration allows use of the functionality of TimeScape EDM+, including ready-to-run data integration, cleansing, validation, audit, analysis and distribution, with the ACID – atomicity consistency isolation durability – compliant and scale out capabilities of the MarkLogic database.

This is Xenomorph’s second integration with a document database, the first being with MongoDB. The integration provides out-of-the-box TimeScape EDM+ interfaces to MarkLogic and allows both technical and business users to access, validate and analyse combined datasets.

Explaining Xenomorph’s tie up with MarkLogic, chief technical architect Chris Budgen says: “The integration of TimeScape EDM+ with the MarkLogic database continues our efforts to explore the benefits of NoSQL and scale-out SQL technologies for enterprise data management in financial markets. The combination of document and semantic storage within the MarkLogic database is an interesting fit with the TimeScape database model, enabling easy support of new asset classes through schema flexibility, combined with easy definition of relationships between different financial objects, such as those from a curve to its underlying data points.”

With many financial institutions considering the use of NoSQL databases offering extensive functionality around data management and MarkLogic already having a significant presence in large financial firms, Xenomorph CEO Brian Sentance expects the integration to be of interest to both existing MarkLogic users and Xenomorph users planning to implement a NoSQL database.

In addition to MarkLogic and MongoDB, Sentence says the company is looking at further integrations with other document databases. Other integrations already in place and allowing users to access data through consistent TimeScape EDM+ interfaces include Excel, business intelligence platforms such as Tableau and Power BI, and mathematical environments including Matlab and R.

Related content

WEBINAR

Recorded Webinar: How to Track Data Lineage for Enterprise Data Management

This webinar has passed, but you can view the recording by registering here. Data lineage, the ability to track the source and lifecycle of your reference data, is becoming increasingly important as regulations call for greater transparency and risk managers require confidence in the data feeding their models. What regulations are driving the need for...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

Data Management Summit Virtual

The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.

GUIDE

The Data Management Challenges of Client Onboarding and KYC

This special report accompanies a webinar we held on the popular topic of The Data Management Challenges of Client Onboarding and KYC, discussing the data management challenges of client onboarding and KYC, and detailing new technology solutions that have the potential to automate and streamline onboarding and KYC processes. You can register here to get immediate...