Gigaspaces and Microsoft team on financial analytics

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GigaSpaces logoGigaspaces is announcing today that they are teaming with Microsoft to offer an analytics solution for financial services companies.

The combined solution delivers real-time trading data in front-office applications based on Microsoft technologies, including Office Excel 2007. It combines the latest Microsoft technologies – Excel 2007, Excel Services, User Defined Functions (UDF) and Windows Compute Cluster Server (CCS) 2003 – with GigaSpaces’ eXtreme Application Platform (XAP) and Enterprise Data Grid to deliver superior usability, performance and scalability.

According to the release, the new solution

…allows organizations to move large volumes of data to compute nodes with low-latency performance, and, …eliminates the disconnect between the front office and the data grid