Nyse Euronext has selected a Greenplum Database to quickly process the high volumes of data produced by its exchanges on a daily basis. The transatlantic exchange will be using Greenplum technology to enable strategic reporting and other business intelligence applications.
Nyse Euronext says data volumes are growing as much as 200 percent per year. Data warehouse performance issues led the exchange operator to begin evaluating alternative solutions that could deliver a high level of performance while supporting its escalating data volumes.
Greenplum says it provides a high-performance, massively parallel database built for large-scale data environments, and will give Nyse Euronext the ability to support its critical applications and easily add data warehouse capacity in small or large increments, avoiding costly appliance or server upgrades. Greenplum is built on low-cost commodity hardware, making it possible to grow compute and storage capacity efficiently.
"Greenplum's fast performance and scalability is a critical factor for us, as we currently load about one terabyte a day into the database and expect to be loading two terabytes a day going into 2009," said Steve Hirsch, chief data officer, Nyse Euronext. "Greenplum will allow us to process massive volumes of data fast enough that the critical applications using this data can complete their functions."