Progress
Case Studies
Top Five Investment Bank Reduces Risk and Increases Efficiencies with the MarkLogic® Database
Overview
Top Five Investment Bank Reduces Risk and Increases Efficiencies with the MarkLogic® DatabaseProgress |
Application Infrastructure & Middleware - Database Management & Storage | |
Finance & Insurance | |
Business Operation | |
Regulatory Compliance Monitoring | |
System Integration | |
Operational Impact
Complex changes can be made in hours versus days, weeks, and even months as required by competitors using legacy technologies. | |
Before MarkLogic, it was difficult to identify financial exposure across many systems. Today, the bank can conduct real-time risk monitoring, analyses, and actions, enabling the bank to know its market and credit counterparty positions to act quickly and mitigate risk. | |
With one database, hundreds of thousands of dollars of technology costs are saved each year. | |
Quantitative Benefit
Replaced 20 disparate batch-processing servers with a single operational trade store | |
Reduced operations costs by managing one system versus 20 | |
Requires one database administrator instead of 10 | |