We update MongoDB Cloud Manager regularly so that we can make it better for our customers. The latest version of Cloud Manager that was released on 2/22/16 introduced some significant changes and improvements. Continue reading below to learn more about the changes:
- Release of optimized navigation structure UI, including simplified Servers & Processes view. Take a look at the new Deployment tab to see the re-styled Servers and Processes tabs.
- Completely retooled user and roles management, giving users more flexibility over what is managed and what is not managed. You can find the users and roles under the “More” menu on the Deployment tab.
- Ability to convert a replica set to a sharded cluster
If you have any feedback, feel free to send us an e-mail at firstname.lastname@example.org. Thanks for using Cloud Manager!
Derivitec’s Risk Analysis Platform Uses MongoDB to Give Any Trader Access to Big-Bank Computing Power
Understanding future risk is vital for every successful organisation. In the financial markets, gaining that understanding means processing a mountain of complex data. In previous generations that meant you needed big computers and proprietary software that only big banks could afford. Thanks to better open source software and commodity hardware, that is no longer the case. Derivitec uses powerful modern infrastructure like MongoDB and AWS to make it possible for traders to get streamlined, industry standard financial analytics in minutes, not months. This gives them an understanding of what a range of different future events could mean for their investments. Answering the vital questions: What could go wrong? What’s the worst-case scenario? How can I hedge that risk? To address these questions Derivitec needed to build a different, more modern, platform. In 2011, when the company started, the team knew it would be processing a large volume and wide variety of data. So the database layer was going to be a defining factor for success. For the core functionality of the platform something fast, reliable and, above all, flexible was needed. New data sources, constantly changing regulations, and variable customer requirements meant functionality would be continually evolving. For Derivitec the obvious answer was a non-relational database with a document-oriented data model . Then, as now, MongoDB was a good fit. It’s worth pointing out that other no-SQL solutions were evaluated for this functionality but, quite simply, the performance levels were nowhere near what was needed. There are dozens of non-relational databases, but the choice was still a simple one. The three reasons for deciding on MongoDB were: Tried and tested technology – it has all the modern functionality and performance but it’s also got a massive community, thousands of customers and a mature support network. Operational tooling – Cloud Manager provides monitoring, backup and automation of deployments from the beginning - reducing costs and eliminating risk Ease of use – If you’re building a platform that will be easy to use, it makes sense to use one that’s easy to use too. MongoDB was also proven to run efficiently in the cloud, which is a huge part of what makes Derivitec special. In the early days Derivitec used Microsoft’s Azure cloud, but as its usage of MongoDB increased, the decision was made to switch from Azure to Amazon Web Services . Azure’s cloud was still too focused on its own software and it wasn’t as simple as it should have been to use non-Microsoft software, whilst AWS proved to be more accommodating. With that underlying infrastructure in place the platform could now be scaled out. MongoDB’s flexibility enabled Derivitec to deliver a system that could have users calculating risk on their portfolios in minutes, compared to the months it would have normally taken. For example, you can simply drop your trades in from Excel, visualise them, rearrange your portfolios, set up new portfolios, and manage the whole booking cycle natively within the app. The playing field is far from level. A big financial institution can still call a Napoleon's army of resources - both personnel and technology. But with the right data, enough context and access to intuitive tools you might just be able to see what your multiple futures hold. It’s exciting to be working in a time that modern open source software architectures and the power of cloud computing is eliminating obstacles and liberating giant ideas from giant budgets. About Derivitec Derivitec Ltd is a privately owned, UK based independent software vendor specialising in high performance, cost effective analytics for the derivatives industry. Founded in Dec 2011, the company have been working intensively towards cloud based solutions for risk and portfolio management. The Derivitec Risk Portal has been designed to allow users to start analysing risk on their derivatives portfolios in a matter of minutes. With industrial standard models and sanitised market data as standard, customers can focus on the business of business, while Derivitec concentrates on the business of risk. For an overview of MongoDB and its implementation on the AWS cloud platform read our guide. MongoDB on AWS: Guidelines and Best Practices About the Author - George Kaye George is the CEO and founder of Derivitec.
MongoDB at AWS re:Invent 2020
While 2020 has been a challenging year, it has also given rise to new levels of innovative collaboration and agile thinking. Where better to experience both than at AWS re:Invent 2020? At MongoDB, we’re excited to partner with AWS on this free, 3-week virtual event, providing unlimited access to hundreds of sessions led by Cloud experts. Although we’ll miss the grand, buzzing halls of the Venetian Hotel and the celebratory sounds of slot machines this year, it’s still important to approach AWS re:Invent with a focused plan. Think of this year’s event as an opportunity to curate your own perfectly tailored experience. Check out this page for details of our fresh new lineup of deep-dives, targeted jam sessions and — of course — the annual MongoDB late-night party. Here are some of the highlights. AWS Jam — "Excel isn't a database!" Imagine this: It's your first week in a new job, and the VP of sales has already given you an important data task. The good news? From the start of the year, all your current sales data has been stored in MongoDB Atlas — allowing operational and analytical workloads to run on the live data set. The not-so-good news? That wasn't always the case. For years before they switched, their database (well, ”database”) of choice was… Excel. Fortunately someone took the initiative to export that data in CSV format and store it in S3, but now the sales team needs your help to analyze that data — and they need it fast. In our “Excel isn’t a database!” Jam Session, you’ll test and upgrade your skills by connecting MongoDB Atlas Data Lake to CSV data that’s been languishing in an S3 bucket. Then you’ll run an aggregation to complete the challenge and claim points. Game on! This jam session will be available on-demand for the duration of AWS re:Invent Databases & S3: Auto-archiving Breakout Session Databases are built for fast access, but this can also make them resource-intensive. As data grows, you may want to optimize performance (or cost) by migrating old or infrequently used data into cheap object storage. But this presents its own problems: automating the archival process, ensuring data consistency during failures, and either querying two data stores separately or building a query federation system. In this talk, you’ll learn about how we approached these problems while building Online Archive and Federated Query features into MongoDB Atlas, lessons learned from the experience, and how you can do the same. MongoDB Late Nite That’s right: it’s a party! In the spirit of Vegas, MongoDB will be hosting an interactive late-night bash complete with throw-back entertainment at our virtual after-hours event. Like Vegas, there’s something for everyone. Unlike Vegas, the odds are actually on your side. Get your adrenaline going and dial in for exclusive swag at our Home Shopping Network. Just sign on and dial into our custom QVC-reboot every hour for a chance to snag some really cool limited-release items. Stay tuned to the event website to find out what you can win, and when! Are you a Jeopardy lover? MongoDB Late Nite is your time to shine. Exercise your mental reflexes and get those synapses firing with hundreds of other party people inside episodes of dev-focused live trivia. And what kind of revelry is complete without a resident psychic on board? Join us at the Future of Coding for an interactive reading by a VERY accurate psychic. So kick back, grab a beverage and join us at the party from home. Let’s get in the spirit together! Sponsor Page/Online Booth Pop into our virtual sponsor booth at your convenience. Our product experts will be there to answer your questions one-on-one. Alternatively, if casually exploring resources is more your style, check out our self-serve content playlists. View these to dig deeper into MongoDB education, glean customer success stories and get up to speed on the latest product features.