Press release: for immediate release
Microsoft and Xenomorph join forces to bridge industry database gap
750 billion record benchmark eases data analysis for risk managers
London, November 3rd 2008
Xenomorph and Microsoft have completed a benchmark project to ensure IT directors, risk managers and trading staff have access to high-performance tick and time-series analysis within a standards-based architecture.
Xenomorph’s specialist time series technology will be able to run within Microsoft SQL Server 2008 - resulting in easier database management and administration. The technology will also allow IT developers to build on existing skills in SQL and Microsoft reporting tools, and free up time for risk managers and trading staff to focus on analysing data.
Driven by feedback from customers and prospects, Xenomorph and Microsoft have spent 18 months designing and developing the project. The first benchmark of the hybrid time-series technology was conducted on Microsoft SQL Server 2008, involving 750 billion price records within a 12 terabyte database.
“Choice is the key,” explained Chris Budgen, chief technical architect at Xenomorph. “Microsoft SQL Server 2008 and SQL Server 2005 make it very easy to hook in new datatypes and functions. Our customers are calling for an easier way to manage their data, and our specialist knowledge of vector and time-series storage into Microsoft SQL Server made this partnership a natural step.”
In addition to the SQL Server database management tools, technologists will be able to use standard SQL to access data while business users can continue to use Xenomorph’s market-data aware language, TimeScape QL+, to easily analyse market data.
“SQL Server 2008 provides the platform for Microsoft’s overall BI solution, delivering data warehousing, integration, analysis and reporting capabilities to customers” said David Hobbs-Mallyon, SQL Server Product Manager at Microsoft UK. “With partners like Xenomorph onboard, Microsoft SQL Server 2008 is helping businesses to deal with the vast amount of data needed to be archived for reasons of compliance and industry regulation.”
The offering is due for release end Q1 2009.
Notes to editors
About Xenomorph
Xenomorph delivers real-time analytics and data management solutions to the financial markets. Our TimeScape technology leverages our clients’ proprietary expertise, and in so doing enables faster time to market for new financial products, new risk techniques and new trading ideas.
Trading, research, risk, product control, IT and back-office staff use Xenomorph’s TimeScape cross-asset data management platform at investment banks, hedge funds and asset management institutions across the world’s main financial centres. Established in 1995, Xenomorph has offices in London and New York.
For more information on Xenomorph, our clients, services and solutions, please see www.xenomorph.com.
Xenomorph® and TimeScape™ are registered trademarks of Xenomorph Software Limited. Other product and company names herein may be trademarks of their respective owners.
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