First Derivatives consulting brings big data and multi-cloud applications to the electronic trading industry with Pivotal One
Financial software company First Derivatives (AIM:FDP) has today announced that it will commence consulting services in order to deliver financial applications to the industry.
Powered by technology from Pivotal, the software company at the intersection of big data, PaaS, and agile development, First Derivatives aligns its complementary skills to offer consulting services for the design and implementation of financial solutions in areas such as surveillance, risk management and trading using Pivotal One, a comprehensive integrated platform that includes a set of application and data services that run on top of Pivotal CF, the leading enterprise distribution of Cloud Foundry.
These services will accelerate clients in their adoption of technologies such as Pivotal HD for Hadoop implementations, Pivotal Data Dispatch to retrieve and analyze data, Pivotal RabbitMQ for message delivery and Pivotal MySQL for rapid application development and testing.
“Every industry realizes that data rules the world and software is eating the world. There is no substitute for insight and understanding and no industry knows this better than the financial service sector. Our collaboration with First Derivatives will help financial service firms take advantage of Pivotal technologies to allow them to store data at scale, analyse anything and build the right application for their needs. And do this in ways that are much more agile and value driven than the past,” said Russell Acton, Vice President of Europe, Middle East, Africa, Pivotal.
Gerry Buggy executive at FD commented: “The collaboration with Pivotal enables us to overlay our domain expertise on top of this future state financial services architecture. Services for Risk, Trading and Regulation require unobstructed access to intelligent data. Customers are seeking best practice installation, alongside services such as semantic data tagging of items, spanning real-time to off-line, structured to unstructured, all essential to support the future business processes and queries.”
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.