PolarLake Announce Solution Suite for Financial and Reference Data

Dublin - 9 November 2011

Today PolarLake announce the availability of the PolarLake Solution Suite. The PolarLake Solution Suite, which is the result of numerous successful client implementations and joint developments, offers four out of the box solutions built on top of the PolarLake Data Management Platform. The PolarLake Solution Suite includes:

PolarLake Price Processing Solution: Including an out of the box Data Management Workstation Application, the PolarLake Price Processing Solution enables rapid exception management and validation of multiple vendor sourced and internally sourced Prices. It also includes a pricing tolerance rules engine, is optimised to process 3000 prices per second, SLA management and an event schedule management system.

PolarLake Security Master Solution: Delivers a next generation Security Master solution with Post Relational approach to building Golden Copy Security Master. Has enabled clients to on-board over 300 unique feed formats in less than three months.

PolarLake Cost Optimization Solution: Complete inventory management of vendor sourced Data enabling cost optimization of the Data Supply Chain. Also includes cost allocation reporting.

PolarLake Data Distribution Solution: Alternative to home grown ETL based Data Distribution frameworks; PolarLake’s Data Distribution Solution supports batch, real time, request reply, pub sub and ad hoc distribution across multiple protocols.

Commenting on the release, PolarLake CEO John Randles said “In Data Management we have moved to a world of Internet scale complexity, more feeds, more demands, more consumers than ever before. This is why PolarLake have applied Big Data and Semantic Web technologies where the older approaches are no longer fit for purpose. The PolarLake Solution Suite will help Financial Services firms take advantage of advances in Big Data and Semantic Web without having to start from scratch”

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