Brisken has just released the Market Data Hub for SAP FSDP. This new version of the company’s flagship product connects external data sources to the SAP Financial Services Data Platform (FSDP).
The Market Data Hub (MDH) will provide market data and other data from external sources to the FSDP. This way the FSDP can take advantage of the growing number of external data sources that are integrated into the MDH’s library of data providers. At the same time the MDH submits all data to a thorough data quality check, alerting specific users by e-mail and alerts of any anomaly and data quality related issues. Complete auditing of the integration process and online functions to analyze the data add to the suite of data governance functionalities. The MDH continuously checks the status of scheduled integration processes.
The MDH is completely configurable, so that customers can define their own individual views of external data, tailored to the analytical functions and apps that consume the data from the FSDP.
Additionally, the MDH allows the processing and transformation of the data by use of functions and formulas. These functions can be selected from an existing list of formulas, or can be implemented using a formula editor. E.g. this would allow customers to run specific valuation processes on position data stored on the FSDP, using the market data and financial calculation algorithms from the MDH.
Brisken will present the solution together with SAP at the International SAP For Banks and Insurance Companies.
