Author:
Source: Sell-Side Technology | 06 Feb 2013
Categories: Infrastructure Technologies | Data Display & Analytics
Topics: TechIBMNYSE EuronextBig Data
Technology juggernaut IBM has announced an extensive revamp of its PureSystems integrated platform, which allows for the rapid deployment of private cloud infrastructure and large data set analysis.
The PureData System for Analytics, powered by technology from Netezza, has been included in the suite. The product increases data analysis and capacity efficiency in handling large-scale volumes of information, and is already in use at the New York Stock Exchange (NYSE).
"NYSE needs to store and analyze seven years of historical data and be able to search through approximately one terabyte of data per day, which amounts to hundreds in total," says Emile Werr, head of product development at NYSE's Big Data Group and global head of Enterprise Data Architecture and Identity Access Management for NYSE Euronext. "The PureData System for Analytics powered by Netezza system provides the scalability, simplicity and performance critical in being able to analyze our big data to deliver results eight hours faster than on the previous solution, which in our world is a game changer when you look at the impact on businesses every second that passes."
The release also includes a streamlined, smaller version of its Pure Application System, designed for the acceleration of cloud deployments across a range of organization sizes.
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status
Work with us on your Integrated Marketing Campaigns
WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.
Events
Email Alerts
Latest Whitepapers
Complex, dated and unwieldy data infrastructure is not uncommon among even the most progressive companies in the world of finance. As financial regulations...
With the launch of a new legal entity identifier (LEI) looming, the financial services industry needs to get ready to ensure efficient and timely implementation...
Visitor comments Add your comment