Sync Big Data with Middle & Back Office Apps
When Everything is Connected
Financial firms today are faced with increasing global competition, surging transaction volumes, more than 30 major regulatory authorities and compliance regimes, and increasingly sophisticated forms of cybercrime and fraud.
That means that the details of every transaction need to be available, immediately, to a wide range of middle and back office applications such as:
- Trade clearing and settlement
- Reconciliation
- Execution management
- Global risk management
- Trade surveillance
- Regulatory compliance
Unfortunately, when it comes to connecting hundreds or thousands of remote offices, global exchanges, data centers and distributed information sources with back office systems, legacy middleware products just aren’t fast, reliable, or flexible enough.
Providing a Dynamic Data Fabric
With Tervela's Data Fabric, financial firms can ensure that massive amounts of critical information from around the globe can be delivered quickly and reliably to middle and back-office systems.
Tervela's technology replaces legacy middleware solutions with an appliance-based, ultra-reliable network. Data can be moved quickly, and predictably, even as the amount of information transmitted increases exponentially. Because the technology is optimized for multi-cast and publish-subscribe information distribution, it is extremely efficient in getting the details of every transaction to multiple order processing, risk management and compliance systems.
Message audit trails are created automatically, without affecting performance. This provides a record that can help demonstrate compliance with government regulations and industry standards.
Finally, because data integrity, security, redundancy, and quality of service features are built into the Data Fabric, financial firms can bring new applications, and new products and services, to market faster.
