McObject Unveils V7 of eXtremeDB Financial Edition

The changes in version 7.0 improve the platform's speed and scalability, officials say.

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Ted Kenney, marketing director at McObject

Officials say the improvements are intended to improve the speed and scalability of eXtremeDB, which can be used for algorithm back-testing, real-time risk analytics and reporting, and real-time consumption and analysis of high-volume market trade data.

Previous incarnations of eXtremeDB Financial Edition leveraged an in-process database architecture—where database functions are embedded in the application code, and the software executes from within the application process—so there was no commun