InterSystems in Financial Services
Around the World

Our technology powers mission-critical, high-volume trading applications in leading financial institutions worldwide, including:

• 5 of the top 10 Broker Dealers
• 5 of the top 10 Asset Managers
• 6 of the top 10 Global Banks

With Caché and Ensemble, financial services application developers can meet the need for high-performance, low-cost solutions. Our technology is found in world-class solutions for a wide range of financial services activities, including:

• Database acceleration, including trade acceleration, routing, and management
• Real-time processing of highly distributed data
• High-volume market data capture for pricing
• Risk management
• Real-time P&L analysis
• Portfolio management and accounting
• Asset management
• Straight-through processing for clearing and settlement
• Real-time access to large market databases for advanced analytics
• Market data and reference data management
• Compliance

Why Do Developers of Financial Services Solutions Choose Our Technology?

Caché and Ensemble share innovative core technology that provide benefits the financial services industry demands.

Lightning-fast performance

The unique multidimensional data structures used by Caché and Ensemble are more efficient for storing and retrieving data than the two-dimensional tables used by products built on relational technology. They eliminate the processing overhead caused by the “joins” and “table-hopping” that relational databases perform to reassemble data for transactions. Less processing overhead means higher performance. In real-world applications, solutions based on our technology run faster – often several times faster – than solutions using relational technology.

For financial services applications, that means lightning-fast transaction processing as well as the ability to deliver information immediately – just when financial professionals need it to make portfolio management and trading decisions that reduce risk and capitalize on opportunities.

Massive scalability

Change, growth, and mergers are major forces in financial services. Solutions that use our technology can grow from a single PC client to distributed networks with hundreds of servers and tens of thousands of clients without changing a single line of code or sacrificing performance. In fact, the largest integrated client/server system in the world, serving over 50,000 users, runs on Caché.

Real-time data analytics

We are the only company to offer a database product with bit-map indexing technology that is so fast, it is suitable for use with “live” data. As a result, financial analysts need never work with old data, but can perform real-time, advanced analytics on dynamic market data – while the system maintains its high-performance transactional processing. Our products also enable the easy creation of executive dashboards that can display dynamic data in real time.

Robust reliability

The world of finance never sleeps, and financial services solutions have to always be available. We include a number of resiliency features in our products, so the solutions they power can run constantly.

Rapid development, integration, and deployment

Our technology is an ideal match for rapid object-oriented development and integration technologies and standards. Because no mapping is required between objects and the innovative multidimensional data structures used by Caché and Ensemble, development times can be cut by as much as 40%. Our object technology supports the use of Java, EJB, .NET, XML and SOAP, C++, and other object-oriented languages and protocols. But even when modeled as objects, all data is automatically accessible via ODBC and JDBC.

Seamless XML support

Caché and Ensemble transparently parse XML, and store data without the need for mapping to relational data structures. The results are higher processing speeds and faster application development. Our products support a wide range of standards found in financial services solutions including XBRL, FpML, MDDL, RIXML, and FIXML.

Cost-effectiveness

With their simplified system management, reliability, and high availability, solutions built on our products require minimal administrative resources and so can run at a lower cost. Add that together with typically lower hardware and development costs for solutions running on Caché or Ensemble, and the result is lower total cost-of-ownership. In short, our technology enables developers and integrators to provide the affordable solutions that financial services companies are looking to buy.

InterSystems in Financial Services Around the World

Here is a partial list of companies using InterSystems’ technology in financial services applications.