MCO Europe: extreme data storage

HomeBlogsMCO Europe: extreme data storage

Fast, high-capacity storage to meet MiFID II reporting and other big data needs

When MiFID II comes into effect in 2018, capital markets participants will need to comply with extensive data retention requirements. As well as being able to store the data, firms will need the ability to report quickly on their transactions against multiple file types.

McObject’s eXtremeDB® Financial Edition will simplify the task. An ultra-high-speed data processing engine, it’s been optimised to help financial institutions meet the challenge of managing and analysing large quantities of real-time and historical data at very high speeds. Tests show it to be more than capable of storing datasets of up to 40TB. It has also set records in the independent STAC-M3 Kanaga Benchmark for analysis of large volumes of historical market data.

MCO Europe is the exclusive European distributor for eXtremeDB® Financial Edition, providing consultancy, implementation, development and support. MCO Europe’s specialists work with clients to understand their specific performance requirements and optimise the deployment — whether in preparation for MiFID II, or to meet other big data needs as efficiently as possible. This may involve locating the engine close to market data for rapid global access, or locating multiple instances around the world for efficient data collection.

“McObject’s eXtremeDB® Financial Edition is the perfect solution for many types of large-scale data management needs among the Colt PrizmNet community. This includes providing the market data storage to demonstrate ‘best execution’ for algo trading and to meet MiFID II reporting requirements. Colt’s state-of-the-art data centres offer the ideal colocation environment for our infrastructure, while Colt’s financial extranet provides consistent, high-speed connectivity for efficient data collection and analysis.” –Mark Reece, Director of Professional Services, MCO Europe

Mcobject

 

Recent blog posts

Colt expands IQ Network to Kyoto and Kobe

Colt is furthering its presence in Japan to support businesses both locally and globally make the most of ...
Continue Reading

Oracle OpenWorld

Cloud connectivity redefined: Simple, smart, secure. Meet Colt at Oracle OpenWorld in San Francisco to discover how cloud ...
Continue Reading

Colt and Night Zookeeper hit three million words

Over the past year, we have been working with Night Zookeeper and are delighted at the progress we ...
Continue Reading