TYSONS CORNER, VA March 26, 2015 â Executive Mosaic âÂ ExecutiveBiz reported Wednesday on the Financial Industry Regulatory Authorityâs move to use Cloudera big data technology for its infrastructure.
Cloudera said Tuesday FINRA will deploy its platform to help manage the independent regulatorâs graph database of billions of market events per day.
Saman Michael Far, senior vice president of technology atÂ FINRA, said the Hadoop architecture offers scalability, dynamic monitoring and management tools withÂ 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.”
AboutÂ Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com