BIG DATA MANAGEMENT
MarketFactory | October 07, 2021
MarketFactory, part of ION Markets, a leading global provider of trading, analytics, and risk management solutions for capital markets, announces a new partnership with Tradefeedr, the leading independent FX data and analytics provider.
The Tradefeedr data and analytics platform is now fully integrated within MarketFactory, enabling clients to review their trading markouts, impacts, and spreads directly with liquidity providers, using a common platform and shared data sets. Tradefeedr’s data analytics solution will be available as an add-on to new and existing customers using the award-winning MarketFactory service.
Tradefeedr has created a common, truly independent FX trading database allowing market participants across the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyze their trading data, and collaborate. In June 2021, Tradefeedr launched its ground-breaking FX data analytics platform with more than 15 leading sell-side and 20 major buy-side firms onboarding and another 20 in the pipeline.
“MarketFactory’s partnership with Tradefeedr will broaden our offering to clients, providing shared data sets through one unified platform. The combination of MarketFactory’s end-to-end connectivity and Tradefeedr’s unified, analysis-ready data is a compelling proposition in a market where real-time data-driven decision-making is key,”
Eugene Markman, MarketFactory Chief Executive Officer
“I’m very excited by the possibilities this strategic partnership offers both Tradefeedr and MarketFactory clients. Our platform delivers significant benefits to market participants, through improving collaboration, and giving better access to trading information, providing greater transparency and trust in the market,” added, Balraj Bassi, Co-Founder of Tradefeedr.
About ION Group
ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation.
About ION Markets
ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale.
MarketFactory is a financial technology company that provides software-as-a-service to currency markets. Customers gain access to the entire market, no matter the location, workflow, protocol, instrument, or liquidity provider. Its flagship product, Whisperer, is a single API that connects to more than 100 FX APIs.
Tradefeedr was established in 2018 by Balraj Bassi and Alexei Jiltsov, who had previously worked together at Lehman Brothers and launched Blacktree, a macro systematic hedge fund. In December 2020 the company received $3 million in funding from IPGL, the private investment company owned by Lord Michael Spencer, the founder of global markets company, ICAP plc and subsequently financial technology business, NEX plc. Seth Johnson, former CEO of NEX Markets, also supported the fund raising and was appointed as Tradefeedr's Chairman. Tradefeedr aims to level the trading analytics playing field by allowing the sell-side to submit trading data on behalf of their buy-side clients. With better-standardised data, Tradefeedr transforms the way in which market participants interact with each other and deliver new insights and better decision making for all users.
BIG DATA MANAGEMENT
AtScale | June 14, 2021
AtScale announced integration with Snowflake’s Snowpark Java UDFs. AtScale is a leading provider of semantic layer solutions for modern business intelligence and data science teams. AtScale can now execute advanced analytics functions within Snowflake Data Cloud with the assistance of Snowpark. It can further optimize complex analysis, query performance and resource consumption, resulting in unparalleled ROI. The integration gives a foundation for embedding additional, high-value services in the Snowflake Data Cloud.
The AtScale semantic layer provides a business-oriented, virtualized view of data within cloud data platforms, to BI analysts and data scientists. This can also be accessed with applications like PowerBi, Excel, Tableau, and DataRobot. The organizations accelerate migrations to the Snowflake Data Cloud, the BI’s and data science teams can maintain reliable logical views and high-performance access is vital.
They can implement intricate, resource-intensive dimensional analysis natively with the Snowflake Data Cloud, supplying the best performance and resource utilization. Their preliminary implementation includes:
• Pushdown calculation of semi-additive and non-additive metrics. This includes distinct counts and quantities, 10 times the performance
• BI query protocols translation which includes MDX, DAX, and SQL, to queries pushed down to Snowflake with no data extraction or movement
• Vigorously making intelligent aggregations with automatic query routing- enabling self-optimizing query performance
AtScale empowers organizations to make better decisions and accelerating the flow of data-driven insights. The semantic layer platform streamlines, accelerates, and extends business intelligence and data science competencies for enterprise customers across all industries. AtScale enables customers to democratize data, implement self-service BI and build more agile analytics infrastructure for better, more impactful decision making.
BIG DATA MANAGEMENT
BC Platforms | June 06, 2022
BC Platforms (BCP), a prominent supplier of data and technology platforms for personalized medicine and drug development, will organize a crucial day-long Precision Medicine and Data Science Conference in Singapore on June 7, 2022 to examine how stakeholders can safely cooperate and allow the utilization of unified data at scale to drive precision medicine, population health, and preventative care programs in the area.
Professor Patrick Tan, Executive Director of the Genome Institute of Singapore, Associate Professor Neerja Karnani, BioInformatics Institute A*STAR, and Dr Shay Ben-Shachar, Director of Precision Medicine and Genomics at Clalit Research Institute, Israel, will speak at the event. It is part of BCP's efforts to help the expansion of precision medicine initiatives in Asia Pacific.
"Access to connected, secure data is a key pillar in overall healthcare development. High quality clinical and genomics information is foundational to predictive and preventive clinical care as well as drug development. Today, real-world data generated from Asian countries is not represented well enough and data diversity is key to solving the most pressing research questions. At BC Platforms, we recognize that Asian countries continue to remain under-represented in global life science research; so it is important for healthcare systems in the region to collaborate, build highly secure, enabling technologies and ensure local legislation is supportive of real-world data initiatives. It will allow the whole ecosystem to stay in front of the development, and our vision focuses on personalized care models for patients in this region."
Mr Tero Silvola, Chief Executive Officer of BC Platforms
Earlier this year, the organization extended its R&D activities in Singapore and partnered with SingHealth, Singapore's biggest public healthcare organization. Parties want to establish a series of research initiatives in order to speed relevant clinical research on illnesses affecting the Asian population, including but not limited to cancer and cardiovascular disease. This high-profile collaboration is part of BC Platforms' fast expanding data partner network for safe and regulatory-compliant data exchange. The worldwide partner network of BCRQUEST.com currently includes 33 million patient lives from 37 data partners across five continents.
While BC Platforms has been operating in Singapore since 2019, it aims to boost up efforts and expand its footprint in the area as it continues to create and implement safe and secure healthcare data infrastructure. In addition, the organization is concentrating on collaborations with local and regional healthcare and research institutions in order to build translational research skills in Asia Pacific and improve treatment outcomes for patients in the area.