Daiwa Deploys Fast and MongoDB

Strapline: Data Management

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Daiwa Securities has implemented Fix Adapted For Streaming (Fast) to handle reference data, as well as the MongoDB database system to handle tick data, as part of major data improvements to its business, according to Del Abdullah, head of electronic trading technology at the firm, who described details of the implementation at the recent Asia-Pacific Financial Information Conference.

The use of Fast for reference data is a departure from its regular market data uses. "The receiver and sender agr