transparency

Data Scientists Descend on New York to Attend PyData 2013

Data Scientists Descend on New York to Attend PyData 2013

PyData Conference beings Nov. 8th and runs through Sunday, Nov 10th at JPMorgan’s offices downtown Manhattan. Hundreds of data scientists, engineers and analysts are expected to attend this unique and highly technical event.

SlashDB a Proud Sponsor

Banner: SlashDB instantly adds a web API to your databaseData science and quantitative analysis are huge use cases for SlashDB, and we are very pleased to be able to provide sponsorship for PyData.

Instead of wrangling with access to data, scientists turn to SlashDB to access unobstructed data from disparate sources under standard data formats for reading and writing via REST/HTTP API, directly from their tool of choice. This translates to time savings and avoidance of repetitive coding, especially when the same data must be used in several tools and applications.

Special Offer, Do Not Miss Out – Extended FREE Trial

For those who stop by our booth at PyData and/or fully fill out this web form we are offering an extended 3 month FREE trial of SlashDB!

Why Python?

Python just “fits your brain”. Many data scientists and quantitative analysts select Python as the programming language of choice, and we fully understand why. This multi-paradigm language helps avoid code cruft, runs fast and comes with rich data structures and libraries.

Not only is SlashDB straight-forward to use from Python but it is also the language used for customizing its behavior. By default, SlashDB automatically generates a RESTful web service out of existing databases, which results in a web API, which closely follows database structures. This is often desired because it promotes data transparency and provides building blocks for business solutions but in some cases databases can have less then perfect design. Using Python, that auto-generated data model can be overridden to hide those imperfections or add functionality.

Register for PyData

There may be still tickets available, but they have been selling fast so don’t delay and head over to the registration page.

(UPDATE) Sorry the conference is completely SOLD OUT. Even if you cannot make it to the conference, just completely fill out this web form and we will honor your registration and reward you with a 3 month free license.

SlashDB Among Tech Partners to the Fintech Hackathon

Come hack with us April 6-7, 2013 at the Fintech Hackathon in NYC. Win $10,000 + exposure to thought leaders in the industry.

Fintechhack_small_logo

SlashDB is pleased to be a technology partner to the event among esteemed financial and web technology businesses such as: 10gen, Bloomberg, Caplin, CardFlight, Disqus, Dwolla, Estimize, Kaazing, Oanda, OpenFin, OpenGamma, StockTwits, Tradable, Xignite and Zipmark. Special thanks to Nick Gavronsky from OpenFin for inviting us to participate.

Although SlashDB has grown to become an industry agnostic database-to-web “middleware” the idea for it was actually conceived out of problems with data management observed in large financial institutions.

As you may know, SlashDB can create a mesh of all your database resources accessible in the same way, by referencing URLs. We call that a Resource Oriented Architecture (ROA). With the ROA approach there is far less of a need to use ETL processes and data warehouses. Instead of copying data, use a reference to data.

Data transparency and a capability for instant error correction naturally stem from this approach. Also, the fact you can use the same link to power an in-house trade processing service or a risk dashboard on a mobile device or even desk quant’s Excel workbook is for some just too good to be true. Except it is true and will become a norm.

SlashDB instance running on Amazon Elastic Cloud will be made available to the hackathon participants and will support any Amazon RDS databases (SQL Server, MySQL, Oracle) as well as SQLite files. If you have any questions for us ahead of the event, please send them to finhack @ slashdb.com.

We hope to see you there! Don’t delay, register now.

Resource Oriented Architecture Among Solutions to Data Silos

Resource Oriented Architecture Among Solutions to Data Silos

Inside Reference Data magazine in article “Transparent Demands” by Michael Shashoua refers to our opinion on using Resource Oriented Architecture to combat data silos and achieve greater data transparency. Subscription is required to read but free trial is available or see the snippet below.

Dismantling Data Silos

Services such as Bloomberg’s BVAL, launched about two years ago, and others emulating BVAL’s capabilities are proving beneficial to buy-side firms to save time, meet regulatory requirements for pricing data and generally do their jobs, according to Smith.

The more sources end-users have, especially from individuals trading the security in question, the greater likelihood of getting transparent and vetted prices, he explains. “If you have a whole bunch of dealers who trade a security, and you can get them all in one spot, in real time or at least a couple times a day, you’ll have a much better idea and more confidence where that’s trading,” says Smith. “Some vendors are better than others at it.”

However, with multiple sources, data silos present an obstacle to achieving transparency, according to Victor Olex, founder and president of VT.Enterprise, a Jersey City, N.J.-based provider of financial industry technology. Data-sharing methods including extract-transform-load processes (ETL), service-oriented architecture (SOA) and data warehousing all fail to address the problems created by silos, adds Olex.

VT.Enterprise uses “resource-oriented architecture” (ROA) which allows data to remain in a user’s original systems while offering a central, on-demand and uniform access mechanism to all data stores, in interoperable fashion, under standard data formats, according to Olex.