The New York Stock Exchange Uses 1010data On-Demand Business
Intelligence Solution to Support Global Exchange Integration Strategy
July
21, 2008 -- Latest 1010data Platform Provides the NYSE with Complex
Analytic Capabilities to Explore Multi-Terabyte Databases in Seconds
NEW
YORK – July 21, 2008 – 1010data, a provider of hosted, ad-hoc business
intelligence solutions, today announced that the New York Stock
Exchange (NYSE) is using the newest version of the 1010data platform to
analyze multi-terabyte databases in seconds. By providing the
NYSE with leading-edge analytic capabilities, 1010data allows users to
understand, leverage and utilize market data better and faster than
ever before.
In 2001, 1010data entered into a
proof of concept with the NYSE to manage and publish market data.
Since then, the NYSE has built a revenue-generating product division
around the data 1010data manages, including raw data feeds and
web-based applications. It also uses 1010data to conduct its own
market research data analysis and to provide the back-end service for
its NYXdata Web site which gives subscribers access to a vast amount of
NYSE data.
“1010data has allowed the NYSE to analyze, manage
and distribute unlimited quantities of data, and the ease-of-use and
speed of the latest version of its platform empowers us to push the
limits of query sophistication,” said Mark Schaedel, vice president of
data products, NYSE Euronext. “With our rapid explosion in data
volume, 1010data has delivered consistent and reliable service for
almost seven years. 1010data is also a key component of our strategy
for handling the market data aspects of our global expansion efforts
with Arca and Euronext mergers.”
The
1010data hybrid business intelligence (BI) platform combines back-end
analytical functionality, accuracy and performance, with front-end
usability, giving users the tools to analyze, manage and present
data. The latest version of the 1010data platform is a flexible,
scalable solution that is best-in-class in terms of cost, speed,
ease-of-use and reliability. Delivered as a service, the platform
is implemented quickly so companies experience high speed-to-value and
very short ROI. With the ability to integrate new data sources
daily, 1010data provides enterprises with an easy, unique BI solution
that lets them get the most out of their data.
“Any
type of business – regardless of size or industry – is flying blind if
it can’t make fast, correct decisions based on data,” said Joel Kaplan,
president and CEO, 1010data. “1010data provides an analytical
playground for users, giving them the ability to express complicated
business ideas in virtually real time. 1010data ensures that
organizations – even as they grow and their business needs continue to
evolve – can get the most out of data.”
That
newest version of the 1010data platform includes new features like
multi-aggregation tools, time-series analysis, click-stream analysis
and sophisticated ETL, among others. To learn more about the
1010data platform, visit: http://www.1010data.com.
About 1010data:
1010data
provides high-performance ad-hoc analytics for business intelligence,
empowering organizations with a fast, reliable and easy-to-use solution
to get the most out of data. The company’s hybrid business
intelligence tool provides a unique platform that combines front-end
usability with back-end analytical functionality. Delivered as a
Software-as-a-Service (SaaS) solution, 1010data returns complex,
sophisticated query results from very large datasets in seconds,
allowing organizations to make quick, critical decisions and enabling
them to express complicated business ideas. To learn more about
1010data, visit: http://www.1010data.com