Specialist fintech innovator Velocimetrics has been shortlisted in the ‘Best Big Data Analytics Solution Provider’ category by the Data Management Insight Awards, in recognition of its VMX EndToEnd solution.
The Data Management Insight Awards recognise the most compelling vendors in the data management space in the global financial technology industry. The awards are run by A-Team Insight, which specialises in insights into, and in-depth analysis of, financial industry trends.
The ‘Best Big Data Analytics Solution Provider’ finalists have been selected based on the vendors’ hard work and success in delivering exceptional data management solutions to the financial industry. The winner will be chosen through online public voting and will be announced on Friday, 6th December, at the London ceremony.
Nick Gordon, Co-Founder of Velocimetrics, said: “We are thrilled to have received this recognition from A-Team Insight and to be shortlisted for this nomination. We are and always have been committed to providing the best possible service to our clients and are delighted that the benefits of our product are being recognised through this nomination. The acknowledgement is great news for Velocimetrics and is testament to the team’s fantastic work.”
Velocimetrics’ unique product, VMX EndToEnd, tracks all types of business data in true real-time, with virtually no impact on underlying systems. This shows businesses exactly where every transaction has been at all times and how they relate to each other, i.e. data lineage. This in turn generates instantaneous, real, actionable business intelligence, and facilitates enhanced regulatory reporting and compliance.
VMX regularly monitors up to 30 million events a day at 250 different data points, handling 7.5 billion events per day, with the capacity to handle many more.
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