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Overview-CompatbL developed software for … we have a platform that runs off Sybase, and we believe that this platform is a better way to handle analytics than traditional way that people do it. Normally, when analytic code is written it’s usually based on a lot of files and different programming languages that are compiled or stored on disk or in a version control system. Then some of the data is off in files, but other data is off in a database. And very often, and when researchers develop analytics, it relies on this intricate web of different file scripts that glues everything together, and this is very fragile. Sometimes you would like to run against something that you run six months ago but you cannot because the database has changed, or the files have changed, or the script is no longer there, so it worked before but it doesn’t work anymore. What our platform does, is it stores everything in the database, the data is in the database, and it may be multiple databases. We can import the old data into a single database. The code is also in the database, both the source code and the compiled code can be there, as well as all the scripts, all the connections between the data. We make it very easy to set it up. And then after that we get a lot of benefits compared to the traditional way of working. First of all because everything is backed up and is in the database, you have all the backups for the data. You also have the ability to go back six months back, two years back and run something that used to run before, and you are sure that it will continue to run. And also get a lot of additional benefits. For example you can package everything and send it to a … and it will run because all the data and code is packaged together.
Sybase Responsiveness-It is very important to us to get a direct connection to a database partner, because sometimes we need to implement a particular feature and we need to put it into somehow to do this. And with Sybase, we work with all the 3 key Sybase products: Sybase Anywhere, Sybase IQ, and of course Sybase ASE and with great experience getting very quick feedback. All the responses that are given to us are extremely accurate. And for us it means a lot in being able to deliver very quickly to our customers.
Sybase Solution Set-Sybase provides a broad range of database products. There is Sybase ASE, which is a traditional relational database product for massive storage in a relational format. There is also Sybase Anywhere, which is a more lightweight product which also can be used as a client in memory mode which is something that we use for in memory caching in our software. And also there is Sybase IQ which is a column database. So with Sybase we have a single vendor that can provide all the three different types of databases technologies which is very important for us, and we have been very happy with the performance.
One Source Partner-With Sybase we have a single technology partner that is able to provide us with a traditional massive relational database for high performance storage. Also with a lightweight database that can be used either as disk or in memory mode — Sybase Anywhere. As well as with a column database. And having a single vendor that is able to provide all three different database types is very important for our business.
Counterparty Risk Solution-In addition to using our software directly to the research. It also can be used as a platform to develop full-fledged applications. And recently we teamed up with Sybase and numerics to build a counterparty risk solution, which is based on CompatibL platform, in using numerics award winning models to deliver counterparty risk calculations that are much faster than have been possible before.
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