Customer Story
Nasdaq Increases Transparency Throughout Its Business
Challenge
Create a scalable, cloud-based platform with big data integration and analytics.
Solution
Revamp legacy system by employing Pentaho Data Integration and Pentaho Business Analytics.
Outcome
Efficiently transforms and analyzes billions of rows of data daily.
Enables Nasdaq to keep pace with 21st-century trading requirements.
Creates a data environment that can be commoditized while lowering costs.
Reduces total cost of ownership by 50%.
Customer Story
Customer Story
Customer Story
Challenge
Create a Cloud-Based Platform With Big Data Integration and Analytics
The company needed a way to quickly process and transform large data sets coming from multiple sources into a format that could be used efficiently to analyze several business lines in a timely manner. This was difficult due to the size of data.
Solution
Pentaho Data Integration and Pentaho Business Analytics
The company chose a solution based on Amazon Redshift and Pentaho.
Amazon's RedShift offered the performance and price point needed with the ability to scale quickly.
Pentaho's product suite offered a perfect blend of ETL, visuals, and extensibility that addressed Nasdaq's needs.
Customer Testimonial
Regardless of data size, Pentaho helps us make prudent decisions enabling us to compete.
Michael Weiss
Senior Software Engineer Nasdaq OMX
Outcome
A Data Environment That Can Be Commoditized While Lowering Costs
The solution lowered data processing time and increased business transparency.
Analytics are now available to management on a T+1 basis.
Managers can now quickly identify and understand factors impacting revenue, such as changes in participant behavior.
Nasdaq Inc. is a financial services corporation that owns the Nasdaq stock market and eight European stock exchanges.
Explore More
Pentaho Data Integration
Data integration platform to ingest, blend, cleanse and prepare diverse data from any source in any environment without code.
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