How Pink OTC Markets Cuts Reporting Time and Operating Costs with a Market Data Warehouse Built on Vertica and Syncsort
As the third largest U.S. equity trading marketplace, Pink OTC needed to improve its reporting capability to stay ahead of the millions of records its trading system amasses daily. The company connects OTC marketplace participants, providing a quotation and trading platform for FINRA member broker-dealers, market data for OTC participants, and disclosure services for issuers with securities traded on the OTC market. An important element in keeping this diverse set of clients happy is Pink OTC's ability to quickly generate reports for up-to-the-minute market analysis.
Learn how Pink OTC built a highly available and highly reliable (no downtime in a year of production use) data warehouse using Vertica's Analytic DBMS that cost-effectively stores billions of records and scales easily by simply adding CPUs without incurring additional licensing fees. View this paper to learn more.