News from 2009
PolarLake Sign Two More Global Tier 1 Banks
Published December 15, 2009 in Press Releases
PolarLake today announced they have signed deals with two more Global Tier 1 Banks to use the PolarLake RDD product as part of strategic Data Management programmes.
“These two recent wins bear out the continued demand in the market for a Reference Data specific distribution product”, John Randles, CEO PolarLake commented, “These projects are complex projects and are global in scale. The risk of building distribution applications with generic ETL and EAI tools was deemed far too high. Aggressive time to market objectives for integration projects related to risk management and cost control were only achievable with PolarLake for both these organisations”
PolarLake sign leading Asset Management firm deal
Published November 10, 2009 in Press Releases
PolarLake today announced they have signed a deal with one of the world’s leading Asset Management firms to use the PolarLake RDD (Reference Data Distribution) product as part of their strategic Enterprise Data Management (EDM) programme. PolarLake will enable the firm, headquartered in the US with Global Operations, to distribute instrument, issuer, pricing, ratings, ts&cs, SSIs and corporate actions data across all asset classes in batch and real time to over 30 downstream systems initially.
Reference Data Distribution - A Particular Case in Business IT Alignment
Published November 9, 2009 in Media Coverage
There is no end to the amount of literature in the world of IT, Business Consulting and the Harvard Business Reviews of this world on the age old debate in how to align business and IT. But how relevant are these works to the Reference Data world? When it comes to Reference Data we see it as a very peculiar case. This is because business requirements are so distributed across the organization and so many stakeholders that are peers of each other. And the famous executive sponsor tends not to have the patience for refereeing disputes in minutia.
View the article in Refererence Data Review
PolarLake Signs Unnamed Asset Management Firm Deal
Published November 9, 2009 in Media Coverage
PolarLake today announced it has signed a deal with one of the world’s leading asset management firms to use the PolarLake Reference Data Distribution (RDD) product as part of its strategic enterprise data management (EDM) programme. PolarLake will enable the firm, headquartered in the US with global operations, to distribute instrument, issuer, pricing, ratings, terms and conditions, standing settlement instructions (SSIs) and corporate actions data across all asset classes in batch and real time to over 30 downstream systems initially.
View the article in Reference Data Review.