PolarLake News, Press Releases & Media Features

Press Releases

PolarLake to exhibit at North America Financial Information Summit as Integration takes centre stage in Reference Data Management

Published April 23, 2010

PolarLake will exhibit at this year at the Financial Information Summit in New York on May 26th.

“PolarLake is delighted to be exhibiting at the North America Financial Information Summit. We see the Reference Data Management industry now focused on the end to end supply chain and integration of Pricing and Reference Data.  This is directly driven by the current focus on counterparty risk and regulatory compliance as risk managers and regulators want to see an end-to-end data process, not just islands of data. This event gives us a gives us a great opportunity to meet with people in real projects often struggling under the weight of integration complexity often driven by using generic ETL / EAI technology” says John Randles CEO PolarLake.
 

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PolarLake announces Reference Data Policy Engine based on Semantics Technology

Published March 15, 2010

PolarLake today announced the availability of the PolarLake Reference Data Policy Engine within the PolarLake RDD (Reference Data Distribution) product. The Policy Engine uses semantics technologies embedded within a Business Application to enable Business Operations and Technical Staff to define Reference Data usage control policies such as:

  • Data access control policies based on user and application profiles
  • Routing policies and priorities, such as what the downstream update order is for new issues or issuers
  • Data usage quotas to ensure appropriate and controlled use of data
  • Expected delivery schedules and exception escalation paths
  • Take-on of new data feeds via a soft model without the need to rebuild the system
  • Ability to learn and adopt the model based on observing of change in data patterns over time
     

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PolarLake to exhibit at FIMA as focus moves to Data Integration

Published January 28, 2010

PolarLake have confirmed that they will exhibit at this year at FIMA in New York from March 15-17.

The focus of participants at this year’s FIMA in New York is obviously integration. According to FIMA 63% of participants have allocated budget for Data Integration for the next 12-18 months, making it the most common priority by some distance of attendees ”, John Randles, CEO PolarLake commented. “As the leading provider of Reference Data Distribution and Integration solutions in the market this makes FIMA the ideal event for us to talk directly to buyers who realize the importance of Data Integration to Data Management programmes.

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PolarLake Sign Two More Global Tier 1 Banks

Published December 14, 2009

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”

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