By deploying GemFire as an integral part of its infrastructure, Bear Stearns can improve the management of data in multiple formats across several operating environments while further reducing data latency and data bottlenecks.
Bear Stearns chose GemFire Enterprise after a formal evaluation process that included the consideration of proprietary distributed caching and data management products as well as open standards-based offerings. GemFireâs stability and ability to outperform competitive products made it a compelling choice for Bear Stearns.
"We were looking for data management technology that would complement our architecture strategy on two fronts," said Peter Cherasia, chief information officer of Bear Stearns. "First, we needed high performance, scalability, and aggregate reliability to match our trading and risk computing cluster. Second, we wanted to efficiently leverage our investment in high performance object-oriented software. The GemFire product exceeded our performance requirements and enabled us to integrate applications without single points of failure or burdensome data transformation."