DataStax Drives Asset Control’s Cloud-Based Reference Data Platform
Asset Control has picked Santa Clara, Calif.-based DataStax to power development of new data management services.
DataStax Enterprise’s data layer allows users to search, find and store market data while reducing delivery time to Asset Control customers, which include ING, Standard Chartered, Erste Group, The World Bank, Commerzbank and Raiffeisen Bank. The platform aims to increase control of financial data while lowering costs and improving risk and compliance management.
“By leveraging new technologies, such as Apache Cassandra, Spark, and enterprise Solr search, as well as security as part of the standard functionality of DataStax Enterprise, we are raising the bar in scalability and data transfer performance, and at the same time providing clients with powerful tools to manipulate this data,” says Mark Hepsworth, CEO of Asset Control, in a statement.
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