Big Data Management
J.P. Morgan | October 11, 2023
J.P. Morgan introduces the Securities Services Data Mesh via Fusion.
Fusion's Data Mesh addresses data integration challenges and expands its capabilities, including compatibility with Snowflake, new APIs and SDKs.
Gerard Francis emphasizes the importance of convenient data access for institutional investors and highlights Fusion's role in helping clients overcome data-related challenges.
J.P. Morgan has recently unveiled its Securities Services Data Mesh for institutional investors, now accessible through Fusion by J.P. Morgan (Fusion). This innovative solution empowers investors to access vital investment data maintained by J.P. Morgan's Custody, Fund Accounting, and Middle Office services, leveraging cloud-native channels like REST APIs, Jupyter notebooks, and the Snowflake Financial Services Data Cloud.
In today's dynamic landscape, organizations seeking to harness the flexibility of the cloud and leverage the rapid advancements in analytics, AI, and machine learning require data within a contemporary technology stack that is ready to analyze and use. Fusion steps into this arena with the launch of the Data Mesh, which now includes Securities Services data. With a diverse array of cloud-native channels, Fusion addresses historical pain points associated with integrating asset servicing data, especially the challenge of ingesting data at scale, particularly as portfolios and investments increase in size and complexity.
Fusion has also established partnerships with leading cloud providers, including Snowflake, to bring Securities Services data directly into investors' workflows.
Gerard Francis, the Head of Data Solutions at J.P. Morgan, stated that institutional investors were increasingly utilizing data to enhance their alpha and operational efficiency. He emphasized the significance of having convenient access to this data and mentioned that with Fusion's new Data Mesh, they were meeting their client's needs by providing data directly to their Snowflake instances and Python notebooks.
Francis pointed out that clients now had the ability to access data from applications running in both cloud and on-premise environments through Fusion APIs and other contemporary delivery channels. He also highlighted that this launch represented the most recent instance of Fusion aiding clients in overcoming their data-related challenges.
Here are the notable cloud-native capabilities and channels:
Fusion is now compatible with Snowflake, making Securities Services datasets readily accessible from Snowflake tables. Investors leveraging cloud services, such as Snowflake as an integration layer, can now effortlessly retrieve J.P. Morgan data, irrespective of their chosen cloud provider.
The introduction of new REST APIs, Java and Python SDKs facilitates the easy integration of data into investors' workflows or existing applications. This empowers investors to develop advanced analytics for a wide range of applications, from automated reconciliation to investment analysis and reporting.
Investors have the added advantage of accessing data directly within their Jupyter notebooks through the Fusion Python library, streamlining the process of data analysis and application across a broad spectrum of use cases with minimal effort.
To cater to developers, the Data Mesh offers an assortment of developer-friendly features, including a notifications service that keeps applications informed about key data events, self-service tools for application management and data delivery, and access to data catalogs and data dictionaries through both the API and the Fusion UI.
Big Data Management
NetApp | November 08, 2023
NetApp introduces StorageGRID for VMware Sovereign Cloud, enhancing data storage and security for sovereign cloud customers.
NetApp's Object Storage plugin for VMware Cloud Director enables seamless integration of StorageGRID for secure Object Storage for unstructured data.
NetApp's Sovereign Cloud integration ensures data sovereignty, security, and data value while adhering to regulatory standards.
NetApp, a prominent global cloud-led, data-centric software company, has recently introduced NetApp StorageGRID for VMware Sovereign Cloud. This NetApp plugin offering for VMware Cloud Director Object Storage Extension empowers sovereign cloud customers to cost-efficiently secure, store, protect, and preserve unstructured data while adhering to global data privacy and residency regulations. Additionally, NetApp has also unveiled the latest release of NetApp ONTAP Tools for VMware vSphere (OTV 10.0), which is designed to streamline and centralize enterprise data management within multi-tenant vSphere environments.
The concept of sovereignty has emerged as a vital facet of cloud computing for entities that handle highly sensitive data, including national and state governments, as well as tightly regulated sectors like finance and healthcare. In this context, national governments are increasingly exploring ways to enhance their digital economic capabilities and reduce their reliance on multinational corporations for cloud services.
NetApp's newly introduced Object Storage plugin for VMware Cloud Director offers Cloud Service Providers a seamless means to integrate StorageGRID as their primary Object Storage solution to provide secure Object Storage for unstructured data to their customers. This integration provides StorageGRID services into the familiar VMware Cloud Director user interface, thereby minimizing training requirements and accelerating time to revenue for partners. A noteworthy feature of StorageGRID is its universal compatibility and native support for industry-standard APIs, such as the Amazon S3 API, facilitating smooth interoperability across diverse cloud environments. Enhanced functionalities like automated lifecycle management further ensure cost-effective data protection, storage, and high availability for unstructured data within VMware environments.
The integration of NetApp's Sovereign Cloud with Cloud Director empowers providers to offer customers:
Robust assurance that sensitive data, including metadata, remains under sovereign control, safeguarding against potential access by foreign authorities that may infringe upon data privacy laws.
Heightened security and compliance measures that protect applications and data from evolving cybersecurity threats, all while maintaining continuous compliance with infrastructure, trusted local, established frameworks, and local experts.
A future-proof infrastructure capable of swiftly reacting to evolving data privacy regulations, security challenges, and geopolitical dynamics.
The ability to unlock the value of data through secure data sharing and analysis, fostering innovation without compromising privacy laws and ensuring data integrity to derive accurate insights.
VMware Sovereign Cloud providers are dedicated to designing and operating cloud solutions rooted in modern, software-defined architectures that embody the core principles and best practices outlined in the VMware Sovereign Cloud framework. Workloads within VMware Sovereign Cloud environments are often characterized by a diverse range of data sets, including transactional workloads and substantial volumes of unstructured data, all requiring cost-effective and integrated management that is compliant with regulated standards for sovereign and regulated customers.
In addition to the aforementioned advancements, NetApp also announced a collaborative effort with VMware aimed at modernizing API integrations between NetApp ONTAP and VMware vSphere. This integration empowers VMware administrators to streamline the management and operations of NetApp ONTAP-based data management platforms within multi-tenant vSphere environments, all while allowing users to leverage a new micro-services-based architecture that offers enhanced scalability and availability. With the latest releases of NetApp ONTAP and ONTAP Tools for vSphere, NetApp has significantly made protection, provisioning, and securing modern VMware environments at scale faster and easier, all while maintaining a centralized point of visibility and control through vSphere.
NetApp ONTAP Tools for VMware provides two key benefits to customers:
A redefined architecture featuring VMware vSphere APIs for Storage Awareness (VASA) integration, simplifying policy-driven operations and enabling cloud-like scalability.
An automation-enabled framework driven by an API-first approach, allowing IT teams to seamlessly integrate with existing tools and construct end-to-end workflows for easy consumption of features and capabilities.
Big Data Management
AWS | September 11, 2023
Cloudera and AWS have signed a strategic collaboration agreement to boost cloud-native data management and analytics.
Cloudera, AWS ISV WMP Partner, will use AWS services to innovate and reduce costs with its open data lakehouse.
Its Data Platform is engineered to integrate directly with AWS services, providing a cost-effective and innovative platform for customers.
Cloudera and Amazon Web Services (AWS) have announced a Strategic Collaboration Agreement (SCA) aimed at bolstering cloud-native data management and analytics. Under this agreement, Cloudera will harness AWS services to provide ongoing innovation and cost reduction to customers using the Cloudera open data lakehouse on AWS for enterprise generative AI.
As part of this collaboration, Cloudera, already an AWS Independent Software Vendor (ISV) Workload Migration Program (WMP) Partner, will further simplify workload migration to the cloud and the purchase of Cloudera Data Platform (CDP) on AWS, leveraging AWS Marketplace credits.
Cloudera has opted to run key elements of CDP on AWS, including data management, data lakes, data warehouses, operational databases, AI and machine learning, master data management, and security components. This allows customers to transition to CDP in the cloud without the need to refactor their applications, facilitating hybrid deployments. Moreover, Cloudera has designed CDP for seamless integration with various AWS services such as Amazon S3, Amazon EKS, Amazon RDS, and Amazon EC2, delivering a tightly integrated platform that reduces costs and capitalizes on AWS innovations. Customers can access AWS native services without the burden of managing integrations themselves.
"Deepening our collaboration with AWS gives customers even more reasons to choose to run the Cloudera Data Platform on AWS. With tighter hardware and AWS service integration, customers get the best possible experience with strong security and governance, along with new cost reduction options to support their most critical analytical workloads,
said Paul Codding, Executive Vice President of Product Management, Cloudera. He stated that Cloudera and AWS, when combined, provide organizations with the necessary tools to construct and operate data applications in a manner that can optimally cater to the unique and evolving requirements of their business.
[Source: PR Newswire]
Beyond technology integration, AWS and Cloudera are set to collaborate on marketing and co-selling programs for customers. The partnership solidifies Cloudera's position as a trusted AWS partner in cloud-native data management and data analytics.
"Cloudera has strengthened their collaboration with AWS for shared customers to leverage their existing investments in CDP and accelerate their modernization to the cloud,
said Chris Grusz, General Manager, Technology Partnerships and Marketplace at AWS. He mentioned that Cloudera is persistently innovating on AWS throughout its data management platform to deliver authentic data analytics and insights for its customers.
[Source: PR Newswire]
Cloudera's open data lakehouse approach enables secure data management and portable cloud-native data analytics across various cloud environments, aligning with their mission to make data transformation feasible for the future.