Nasdaq Increases Transparency Throughout Its Business

Case Study

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.

Outcomes

  • 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%.

Nasdaq Inc. is a financial services corporation that owns the Nasdaq stock market and eight European stock exchanges.

The 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.

Regardless of data size, Pentaho helps us make prudent decisions enabling us to compete.
– Michael Weiss, Senior Software Engineer, Nasdaq OMX

The 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.

The 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.

EXPLORE MORE

Pentaho Data Integration and Pentaho Business Analytics

Accelerates time to value by uncovering real-time insights, modernizing processing and gaining control of the increasing volume of data.

You’re in the Right Place!

Hitachi Data Systems, Pentaho and Hitachi Insight Group have merged into one company: Hitachi Vantara.

The result? More data-driven solutions and innovation from the partner you can trust.