|By Business Wire||
|June 11, 2014 07:00 AM EDT||
C24 Technologies, a world leader in financial services messaging and integration solutions, today announced a new product offering, C24 Integration Objects Enterprise Edition, that enables firms to store, process, and analyze more data using ultra efficient data compaction software.
The increasing volume, velocity and variety of data demands on companies typically means significant investments in new hardware. Now firms have another choice by making data smaller and faster. With this new release and as a key new feature of C24 Integration Objects Enterprise Edition, C24 introduces Simple Data Objects (SDO’s), a high performance model-driven data binding technology that generates software codecs using data compaction techniques. Applications using SDO codecs run on average 10 times faster and use 20 times less memory compared to traditional integration approaches. More information including whitepapers on SDO’s is available at www.c24.biz/simple-data-objects.
C24 Integration Objects (C24-iO) is a standards-based Integrated Development Environment (IDE) and run-time that extends Java integration frameworks with data modeling, metadata management, message transformation and semantic validation for any data format including XML, CSV, Excel, Cobol and financial standards including SWIFT, ISO 20022, SEPA, FpML, and FIX. The C24-iO SDO technology dramatically increases the efficiency and performance of caching technologies such as Gemfire, Gigaspaces, Coherence and Ehcache, as well as modern SSD storage arrays offering RAM level performance from persistent storage.
"Simple Data Objects (SDOs) are a real game changer in the finance industry,” said Kirk Pepperdine, CTO of JClarity. “Instead of scaling up to meet data demands, SDO’s with their incredibly light memory footprint enable you to scale down, for example fitting three uncompressed FpML documents into a single network packet. Now extend that to every other component in your network and certain classes of problems just simply disappear!”
“We are extremely excited to introduce such a profound technology that will bring increased business insight to every financial services firm,” said John Davies, CTO, C24 Technologies. “We are already seeing tremendous performance gains and cost savings in world leading financial organizations, while at the same time being able to analyze larger windows of data using the same infrastructure.”
CTO John Davies will introduce C24’s new product offering at the QCon Developer Conference on Thursday, June 12th at the Brooklyn Bridge New York Marriott in a session titled “Turn Your XML Into Binary – Make It Smaller and Faster”. C24 will be exhibiting at QCon from June 11th through June 13th.
QCon empowers software development by facilitating the spread of knowledge and innovation in the developer community. For more information visit www.qconnewyork.com
About C24 Technologies
C24 Technologies is a software company specializing in financial services messaging and integration solutions. Companies worldwide significantly decrease the time and costs for integrating financial standards and systems using C24’s data interoperability tools and pre-built standards libraries. Comprehensive support is provided for over 40 industry standards including SWIFT MT-MX, ISO 20022, FpML, FIX and SEPA. For more information or to download a free version of C24 Integration Objects visit www.c24.biz or email [email protected].
Follow C24 on Twitter: @C24io
C24 Integration Objects is a trademark of C24 Technologies. Any other marks contained herein may be trademarks of their respective owners.