Incedo Inc. tackles Data Management Problem for a Trading Portal
Incedo Inc. is an emerging IT consulting and services firm which specializes in delivering real-time technology solutions that are cost effective, innovative and enhance business productivity.Incedo Inc. possesses immense expertise in enterprise Data Management solutions. Incedo launches a Data Management solution for a leading online trading portal.
Santa Clara, June 25th, 2016
Incedo Inc. is an emerging IT firm which offers end-to-end consulting and technology services. Incedo Inc. is CMMI Level 3, ISO 9001 and 27001 certified and HIPAA compliant with presence in North America, South Africa and APAC.
Incedo has worked extensively in the area of Data Management in Pharma and Analytics with various prestigious clients all over the world. One such client launched an online trading platform, with a daily transaction volume of over $1 billion USD. The trading platform enables trading across multiple instruments. This trading platform is used by retail investors and brokers alike. The client while implementing a portfolio recommendation solution, needed a Data Management solution for their Trading platform.
Incedo launched a Data Management solution for this client which is a Big Data based Portfolio Recommendation Engine. The solutions takes 12 data feeds (6 structured, 6 unstructured). The unstructured feeds are pulled from financial portals and news sites.
The solution was initially rolled out in its beta version to 50 users. This processed close to 100 GB of data daily, within a 3-4 hour window starting at midnight. The solution has now been rolled out to 50,000 concurrent users. This enterprise Data Management solution is in its second Phase uses NLP (Neuro Linguistic Programming) for ranking news items & incorporating into recommendation. Incedo Inc. has executed this Data management solution using various tools and technologies including Hadoop, Mongodb, MapReduce, Pig, Hbase, Oozie, R and Java.
Incedo Inc. is home to a “Centre of Excellence: Data Management and BI & Analytics” with dedicated teams working on building various Data Management services and solutions. Incedo Inc. breaks down the Data Management task into the various categories like MDM or Master Data Management, Business Intelligence and Data Analytics, Data Warehousing and Big Data.
Incedo Inc. is a leading the way and helping clients transform their businesses to meet the challenges and requirements of Data Management with confidence and ease. With sharp Data Management solutions clients can make well-informed decisions based on data which is of high quality, accurate, clean, consistent and cleanly and well-integrated with all systems in the organization.
These Data Management steps allow businesses to push revenues upwards while reducing costs.Incedo’s Data Management solutions are scalable and adaptable to constantly transforming business environments.
About the Author:
Incedo Inc. provides Data Management strategies and solutions for businesses globally. Incedo’s experts in Data Management create all-inclusive Data Management solutions for clients globally.