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 email@example.com. 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.
10 Exciting Things About MongoDB.local London
After nearly two years of the coronavirus pandemic preventing in-person events, MongoDB is very excited to once again see people face-to-face at MongoDB.local London! This event is designed to help developers grow and will be packed with educational content to teach you how to build data-driven applications without distraction. MongoDB.local London will be run as a hybrid event, featuring both in-person and virtual attendance options. For those unable to attend in-person, we will live stream most sessions for you to enjoy. All streamed content will be available on-demand for 30 days after the event. In-person attendance for the event is limited, so head over to our registration page and sign-up today! MongoDB.local London takes place on November 9, 2021. There will be something for everyone at .local London. Here are 10 exciting things about our upcoming event: Hear it Here First: The Keynote presentation will provide a recap of the products released in MongoDB 5.0 and highlight the new features in 5.1. Following the keynote, attendees can pose questions to MongoDB CTO, Mark Porter, CPO, Sahir Azam, and a larger panel of MongoDB experts. Customer Stories: During these sessions, attendees will hear from MongoDB customers and community members about how they are utilizing the MongoDB data platform to enhance the way they work with data. These sessions will include speakers from Boots, Vodafone, NatWest, and DWP Digital. “Ask Me Anything" Panels: Attendees can have their questions answered and problems solved live by a panel of MongoDB engineers and product experts. Panel topics include Performance & Security, the Aggregation Pipeline, and Schema Design. Technical Sessions: Over the course of the event, there will be 20+ educational technical sessions that will cover beginner, intermediate, and advanced level content. The information in these sessions has been selected specifically for this audience and will be delivered by the MongoDB experts who build the data platform. MongoDB Product and Feature Demos: The MongoDB product teams will be conducting dozens of demos on everything MongoDB, from Atlas to Ops Manager . This is the perfect opportunity to learn more about MongoDB and how it can work for you. Ask the Experts: Our MongoDB Experts will be offering free 1:1 technical consulting sessions where attendees can ask any technical questions that they have. Only available to in-person attendees. Deep-Dive Tutorials: Opportunity to learn by doing long-format, classroom style sessions on the latest data trends with MongoDB. You will receive 1:1 attention from MongoDB experts while you get hands-on with the data platform. Only available to in-person attendees. Community Café: Come to the Community Café stage where there will be an “up close and personal” with MongoDB CTO, Mark Porter, customer interviews, trivia, and so much more! Happy Hour: In-person attendees can grab some food and drinks at the event happy hour. Here’s your chance to engage and network with other attendees. Swag: Is it really a tech event if there isn’t some free swag? Stop by the event booths to get some swag from our MongoDB team members. Register today to save your spot for the event! Whether you attend in-person or virtually, we look forward to having you join us!