Tag: financial services

Database Technology in a Blockchain World

It’s just about official—blockchain has taken over the world. Or, to be more accurate, the idea of blockchain has taken over the world. In recent months, we’ve seen Long Island Iced Tea Corp. become Long Blockchain Corp. and Kodak revive itself with blockchain aspirations. These unexpected moves led to some head scratching, but also to […]

The Changing Landscape of Databases in Financial Services

For decades, relational databases was the de-facto choice for financial service companies, until the 2000s where systems started to face challenges with scalability and availability as the amount of data being processed and consumed shaped how companies conducted their business. NoSQL databases emerged as a reaction to these challenges and while they certainly helped address […]

The New Speed of Finance — Fraud Detection and Real-Time Expectations

online banking in real-time with fraud prevention

Consumer finances today largely exist online. More than 60% of consumers reported using a banking website and mobile app, according to The Psychology of Waiting survey, commissioned by VoltDB and conducted by VansonBourne. 19% reported using an investment app as well. However, the survey reveals that as finances become digital, consumers expect their banks to […]

5 Fast Data Trends in Financial Services

The financial industry is undergoing a fast data revolution and we hear from a lot of our clients about why fast data is becoming an increasingly critical requirement in their IT infrastructure. This blog looks at some of the key trends for leveraging fast data in the financial services industry today. 1. Moving Data at […]

Fast Data in Financial Services: Key Trends to Maintain a Competitive Edge

Finserv: Key Trends for Fast Data

Financial services institutions are faced with a number of high-pressure demands, whether it be from regulators, investors, customers, and internal business users. These demands require that firms create, monitor, and provide access to vast amounts of data which must be immediately accessible, correct, and stored for various lengths of time. Data is a lifeblood as […]

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