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.
Top 5 MongoDB Podcast Episodes in 2022 (so far)
At MongoDB, one of our core values is to be focused on building together. One way we lean into this value is by bringing some of the best voices and stories from the database and tech communities onto our podcast. Podcasts help communities learn and connect. So as we head toward the end of the year, let’s take a look back—or, perhaps, a listen back—to our top episodes based on listens from The MongoDB Podcast so far in 2022. Episode 107 - Introduction to WiredTiger with Dr. Michael Cahill Dr. Michael Cahill co-founded the WiredTiger company and the storage engine by the same name. In our most-listened to episode from 2022 so far, Dr. Cahill sits down with Michael to talk about the storage engine, its strengths and capabilities, and a little about his journey as a database industry legend. Episode 108 - Exploring Postman with Arlemi Turpault In this episode of the MongoDB Podcast, Michael Lynn discusses Postman with Arlemi Turpault, Senior Developer Advocate at Postman. Postman is an application used for API testing. It is an HTTP client that tests HTTP requests, utilizing a graphical user interface through which we obtain different types of responses that need to be validated. Episode 109 - Prisma and MongoDB - Better Together Prisma is an open source ORM for Node.js and TypeScript that helps developers build faster and make fewer errors. On this episode, host Mike Lynn sits down with Nikolas Burk and Matt Miller of the Prisma team to discuss the Prisma + MongoDB launch week. Burk is a Developer Advocate and Miller is a Product Manager at Prisma, and together they outline what Prisma is now capable of with MongoDB support, including effects on developer workflows and efficiency. Episode 106 - Securing the Internet with Josh Aas, Sarah Gran of ISRG In this episode of the podcast, Michael talks with Josh Aas and Sarah Gran of the Internet Security Research Group (ISRG). They walk listeners through their mission to secure the internet through projects like Let's Encrypt , the automated digital certificate authority, and Prossimo , which focuses on transforming risks around memory safety in popular open source projects. MongoDB World Series Our number five blog so far in 2022 was a preview of MongoDB World. But why listen to a preview when you can dive into the actual event? Live at MongoDB World 2022, host Michael Lynn met with a variety of customers, partners, and experts on-site in New York City. Those conversations formed a great series filled with stories, learning and community. Check out the series episodes: Ep. 121 The MongoDB World Series - Oli Proulx from ChargeHub Ep. 120 The MongoDB World Series - Simcha Coleman from Inspirit Ep. 119 The MongoDB World Series - David Sarabia from inRecovery Ep. 118 The MongoDB World Series - Nick Gamble from Unqork Ep. 117 The MongoDB World Series - Beray Bentesen from Qubitro Ep. 116 The MongoDB World Series - Vatsal Singhal from Ultrahuman Subscribe to The MongoDB Podcast wherever you listen to your podcasts so you can stay up to date with all our new episodes, dropping weekly. And if you are a tech expert or enthusiast with a passion for sharing your thoughts, opinions, and stories, connect with Michael Lynn to discuss a podcast guest opportunity.