Tier-One Investment Bank Leapfrogs Competition with MarkLogic Database
公司规模
1,000+
地区
- America
国家
- United States
产品
- MarkLogic Database
技术栈
- NoSQL
- Oracle
- FAST
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Productivity Improvements
- Revenue Growth
技术
- 应用基础设施与中间件 - 数据库管理和存储
适用行业
- 金融与保险
适用功能
- 产品研发
服务
- 系统集成
关于客户
The customer is a North American bank's highly respected research and analysis team. The team is comprised of nearly 400 research analysts across over 20 countries. They offer equity and fixed income research plus market and product-specific analysis for both the individual and institutional markets. The clients of the global research and analysis unit of the bank expect to easily access up-to-the-minute content in whatever format they choose.
挑战
The bank's clients expected to easily access up-to-the-minute content in whatever format they chose. The bank sought a system that could scale with clients' constantly changing requirements, especially the growing demand for mobile delivery and alerting. The bank's legacy system (based on Oracle and FAST) did not provide analysts with the ability to search and access previous reports at a component level. Adding that capability, which would facilitate reuse of content, and thus improve efficiency as well as information quality, was a significant undertaking. The existing system also did not have the flexibility to quickly add new features. It could not meet the demands of a constantly changing, highly competitive market where being first-to-publish was critical to retaining and growing readership.
解决方案
The bank decided to build an equity research authoring and delivery solution based on the MarkLogicR database. MarkLogic was selected due to its unique combination of the flexibility and scalability of NoSQL as well as enterprise features such as security and disaster recovery. The new MarkLogic-based solution has increased revenue for the bank and its reputation as the go to research firm, while also savings hundreds of thousands of dollars in technology costs. MarkLogic enables the bank to offer clients up-to-date research on global developments ahead of the competition in their preferred delivery method.
运营影响
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