The working of a stock exchange includes securities trading, formulating business rules related to such trading, accepting and arranging listings, organizing and monitoring securities trading, managing and disseminating market information, and regulating members and listed companies.
In other words, millions of queries and data points are generated everyday involving buy and sell transactions. Information on a transaction performed is generated with the script id, buy/sell price and number of shares traded. Such a humongous amount of data is generated every day for all business days in a year, year-after-year. A stock exchange, as well as listed businesses and investors, have to make sense of this vast sea of information to understand changing customer behavior. It is also important to understand how and where business is evolving to stay competitive in a scenario where many stock exchanges are operational.
Why Teradata?
Teradata enables an enterprise to make sense of all the numbers and find the patterns that affect it. Managing and data mining stock exchange data successfully can be a critical factor for determining the success of a company. A couple of examples and scenarios are described here.
A manufacturing enterprise needs to monitor their market performance as well as track the performance of competitors, suppliers and possibly that of clients. Aside from their manufacturing analytics, quality and manufacturing performance evaluation, Teradata can help them monitor and track current and historical information to gain insights for formulating their strategy.
Teradata can help an organization integrate real time and historical data to create a rich information resource. Teradata’s true power lies in its ability to help an enterprise as an investment firm make sense out of this massive sea of data. It allows investment bankers and brokers to identify pathing and discover patterns for their clients. In addition, Teradata can help streamline their finance and performance metrics or manage risk and improve operational efficiency.
Teradata can provide end-to-end solutions for all big data applications including data warehousing and in-depth analytics while providing reliable redundancy and disaster and risk management options. The ability to manage stock exchange data in addition to this is just what makes it the best option for an organization.
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