Financial Services
ParAccel PADB and NetApp SAN Optimized Solution High Performance Analytics with Advanced Data Management Capabilities
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ParAccel Analytic Platform
Rapidly accumulating business intelligence data presents an amazing opportunity for all types of corporations. But “big data” can be overwhelming—and analyst firm IDC predicts this data will multiply by 44 times over the next decade, so it won’t get any easier to make sense of.
Financial institutions in particular need high-performance analytic databases more than ever. Rapidly changing markets, new regulations, new investment options, and new market opportunities must be constantly and rapidly analyzed for new insights with risk analysis, which relies on terabytes and petabytes of historical data. This requires the superior performance delivered by today’s analytic databases.
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Analytic Platform Selection
ParAccel has continued its attempts to differentiate itself in a crowded market by focusing its analytic-database products on high-performance analytics workloads. With version 3.0 of the ParAccel Analytic Database (PADB), the company has added in-database analytics capabilities that are due to be extended over the next year.
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