PolarLake Announces PolarLake RDD Version 3.0
Published March 11, 2008 / Press Releases
PolarLake announced the release of PolarLake RDD v3.0. Based on extensive experience in the field with complex Reference Data Distribution projects and customer feedback, the latest PolarLake RDD delivers massive enhancements in Business Operations support, Business Analyst usability and system performance and scalability.
Details of the product enhancements include:
- Enhanced Reconciliation: Providing the ability to reconcile golden copy Reference Data with downstream systems with human remediation, escalation and snagging of problems and data quality reports.
- Security watch list support: Allows downstream systems to subscribe to particular securities that they are interested in.
- User and system entitlements: Makes sure that only users and downstream systems that are entitled to particular pieces of Reference Data get it
- User BPM, Exception Management and Workflow: End to end process and human workflow to deal with exceptions. Typical exceptions include entitlement breaks, data validation exceptions and system update exceptions
- Business Analyst rule wizards: Enables rules to be created from wizards based on system schemas
- Enhanced Rule search, dependency management and scenario analysis tools: Through a Web 2.0 interface the Business Analyst is able to analyze and manage the rules network
- 4X performance improvements: Improvements in the core runtime have resulted in a in a 4X performance improvement
Commenting on the release John Randles CEO PolarLake said, “PolarLake RDD Version 3.0 is our most important product release to date. It delivers on real world requirements for staff in Business Operations, Business Analysts and Technology. PolarLake has the most complete vision and capability in the market for Reference Data Distribution. PolarLake RDD is the only purpose built, proven, Reference Data Distribution product in the market today. The alternative is expensive, complex and risky built projects with generic middleware tools.”
About PolarLake
PolarLake enables firms to deliver on the full promise of EDM, integrating into downstream systems with 75% less time and 80% less resources than generic ETL products. Its flagship product, PolarLake RDD (Reference Data Distribution) is a domain specific Integration application built to manage to end-to-end process of Reference Data Distribution.
PolarLake RDD provides unique capabilities for Business Operations, Business Analysts and Technology to manage and control Reference Data Distribution. PolarLake has been recognized by Industry Analysts as a leader in its space, named by Aite as the most packaged Reference Data Distribution solution and included in the Gartner visionaries’ quadrant. PolarLake’s clients include Global Sell side, Buy side and Asset Servicing Institutions.
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