Informatica Corporation, a leading provider of data integration software, announced this week that the Deutsche Boerse Group has won The Data Warehousing Institute's (TDWI) prestigious 2004 Best Practices Award in the real-time data warehousing category. One of the world's most innovative stock exchanges, Deutsche Boerse won the award for its successful implementation of a real-time "information factory," serving both internal and external users and powered by the Informatica PowerCenter data integration platform.
"The success of our data warehouse hinges on Informatica PowerCenter's ability to source and integrate information in real time-and in 'right time' -- to meet our full range of consolidated information needs," said Klaus Detemple, director of information operations at Deutsche Boerse AG. "We're now able to provide timely and accurate on-demand trading information to customers, traders and financial analysts as well as to our own managers and business strategists."
Deutsche Boerse's information factory supports several major business applications, including a securities reference data application, equities and fixed-income indices, trade data processing for cash marketplaces and the German regional floor exchanges as well as trade, order and quote activity data for options-derivatives marketplaces.
"The Deutsche Boerse real-time data warehouse exemplifies the complementary nature of data integration and EAI platforms to support real- and right-time information sourcing and delivery," said Paul Albright, executive vice president and chief marketing officer at Informatica. "A data warehouse with this kind of foundation can answer a broad spectrum of analytical and operational information requirements."
"This year's competition was especially close," said Brenda Woodbridge, general manager of TDWI. "As usual, we had a significant number of outstanding applications related to innovative solutions, but a few stood head and shoulders above the rest. This year's winners definitely epitomize the best in the industry today."
Nominations were judged by a panel of experts with the winners clearly demonstrating that their data warehouse and business intelligence projects were innovative solutions to common problems faced by data warehousing
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