PROPELLING THE FINANCIAL SERVICES INDUSTRY: A NEW APPROACH TO DATA MANAGEMENT

| August 30, 2017

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The world of finance operates at a blistering pace on a global scale. Companies in that world sort and move tremendous volumes of data 24x7 in order to perform and reconcile transactions. A delay in their ability to access, act upon, and secure that data can have dire fiscal and regulatory consequences. Under a traditional distributed, and siloed approach to infrastructure and architecture, much of this data is locked away in isolated data warehouses. It’s an inefficient method which is difficult to manage and performs poorly. This strategy guide explores an alternate approach that combines extreme performance for rapid transactions; storage optimization for cost effectiveness; and an intelligently integrated platform that handles more data in a consolidated footprint.

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Bank of England

The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”.

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