Posted by: Bob Reary
Agility, Business Value, Case Studies, Composite Data Virtualization Platform, Composite Software, Data Federation, Data Virtualization, Uncategorized
Tudor Investment Corporation, a globally pre-eminent hedge fund manager, has joined an impressive list of Composite customers with their recent adoption of data virtualization.
Tudor purchased the Composite Data Virtualization Platform to create a virtual data layer to streamline access to market and trade data for traders, analysts, and management. “This increased agility will enable us to better serve our user community by reducing the time required to deliver data requests,” says Paul Mark Skittone, Tudor’s Head of Data Services.
The data virtualization software will provide Tudor Investment a decoupling layer, providing the necessary agility to integrate new sources of data that come on line throughout the day.
Tudor will also receive many other benefits from the data virtualization platform including:
- Improved governance;
- Simplified enforcement of row level security;
- Abstraction and reuse of existing calculations;
- Upgrade path for integrating existing systems and technologies.
Data Virtualization in Financial Services Organizations
The business agility gained from data virtualization is essential to financial services organizations maintaining their competitive edge. Data virtualization is a more agile, lower cost data integration approach that successfully addresses financial instrument and product line data silos and delivers significant business benefits.
Financial institutions that successfully integrate their disparate data by turning distributed data silos into competitive information assets are the ones who will lead in this ever dynamic industry.