TYSONS CORNER, VA March 26, 2015 — Executive Mosaic — ExecutiveBiz reported Wednesday on the Financial Industry Regulatory Authority’s move to use Cloudera big data technology for its infrastructure.
Cloudera said Tuesday FINRA will deploy its platform to help manage the independent regulator’s graph database of billions of market events per day.
Saman Michael Far, senior vice president of technology at FINRA, said the Hadoop architecture offers scalability, dynamic monitoring and management tools with administrative automation features.
Steve Totman, big data technology evangelist and financial services subject matter expert at Cloudera, also said, “For a regulatory authority like FINRA, it is vital that technology deployments not only handle the growth of U.S. financial markets, but also provide fast, reliable analytics in order to protect investors.”
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