Confluent and Risk Focus have joined forces to help Financial Services clients realize the benefits of event streaming architectures for Regulatory Compliance.
Online PR News – 15-March-2019 – New York, NY – Confluent the enterprise event streaming platform pioneer, and Risk Focus, a leading consultancy for highly regulated industries, have joined forces to help Financial Services clients realize the efficiency and cost-effective benefits of event streaming architectures for Regulatory Compliance.
"One of the most exciting technology developments in the past decade is undoubtedly the general accessibility of event streaming architectures," shares Vassil Avramov, Founder and CEO of Risk Focus. "Confluent is the undisputed leader in both cloud-based and on-premises offerings. Their technologies enable a substantially more efficient and cost-effective set of processes, and they unlock one of the most valuable and not yet monetized assets that the financial industry possesses - data. We are excited to partner with Confluent to bring the power of Apache Kafka® to the Financial Services sector."
Confluent Platform is a powerful and flexible event streaming platform that can be leveraged in new development efforts or easily layered into existing applications. During a recent project following the launch of The Deutsche Boerse's MiFID II APA, Risk Focus restructured the existing message-based architecture to include Confluent, increasing throughput 20x with minimal increase in hardware costs. In fewer than four months, the team conducted their development and scalability testing in the cloud and then deployed the platform into Deutsche Boerse's existing data centers.
Following this success, Risk Focus launched the Confluent Center of Excellence to provide clients with Kafka-certified developers and architects. Combining this Kafka-specific expertise with its Player-Coach Strategy Service, Risk Focus provides active coaching and guidance to clients to help shape their overall technology and data streaming strategy.
"Partners like Risk Focus help Financial Services customers accelerate the business value they can derive from successfully implementing Confluent's Event Streaming Platform based on Apache Kafka. The domain expertise that Risk Focus has in Capital Markets and the technical acumen of their staff who have completed the Confluent Certified Developer for Apache Kafka exams provides the guidance and expertise needed by Financial Services Markets," says Simon Hayes, Confluent's Vice President of Corporate and Business Development. "The Confluent Partner Network provides the training, certification and partner development to partners like Risk Focus, that enables the rapid development and deployment of the next generation of products and solutions which are driven by real time business events and leverage the power of Confluent Platform."
About Apache Kafka
Apache™ Kafka™ is an open source technology that acts as a real-time, fault tolerant, highly scalable distributed event streaming platform. It is widely adopted for use cases ranging from collecting user activity data, logs, application metrics, stock ticker data and device instrumentation. Its key strength is its ability to make high volume data available as a real-time stream for consumption in systems with very different requirements—from batch systems like Hadoop, to real-time systems that require low-latency access, to stream processing engines that transform the data streams as they arrive. This infrastructure lets you build around a single central nervous system transmitting messages to all the different systems and applications within a company.
Confluent, founded by the original creators of Apache Kafka®, pioneered the enterprise-ready event streaming platform. With Confluent, organizations benefit from the first event streaming platform built for the enterprise with the ease-of-use, scalability, security and flexibility required by the most discerning global companies to run their business in real time. Companies leading their respective industries have realized success with this new platform paradigm to transform their architectures to streaming from batch processing, spanning on-premises and multi-cloud environments. Backed by Benchmark, Index Ventures and Sequoia Capital, Confluent is headquartered in Palo Alto and London with offices globally. To learn more, please visit www.confluent.io. Download Confluent Platform at www.confluent.io/download.
About Risk Focus
Risk Focus is a NYC-based company that provides strategic IT consulting to global enterprises. The company's Infrastructure practice provides solutions, methodologies, and strategic guidance for digital transformation, containerization, and automation, while its Financial Services team offers strong domain expertise and technology acumen to deliver feature-focused solutions in Capital Markets. To learn more about Risk Focus, please visit www.riskfocus.com.