Derivitec Uses MongoDB Cloud Manager and AWS to Process Huge Amounts of Risk and Market Data for the Financial Industry

Derivitec Uses MongoDB Cloud Manager and AWS to Process Huge Amounts of Risk and Market Data for the Financial Industry

September 06, 2016

In the financial industry you need to under the risk facing your portfolio. What happens to your position if the market drops 10%? What happens if rates rise? What happens if Britain leaves the EU?

UK based Derivitec is helping organisations get a complete view of this risk, with a MongoDB powered platform.

In this video George Kaye, CEO at Derivitec, explains how a mixture of MongoDB on Amazon Web Services results in a platform that can calculate complicated analysis quickly and efficiently.

George also goes on to discuss MongoDB Cloud Manager, which gives Derivitec a database administrator facility and helps take away a lot of stress of handling such a large amount of data in the cloud.

You can read more about Derivitec’s data strategy for risk management on our blog.

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