Velocimetrics announced an upgrade to its product suite, VMX, that aggregates and connects data from all levels across the enterprise to give a single, connected view of an organization’s business flow. By collecting, analyzing and aggregating huge volumes of data from all levels of an organization in real-time, the new version has the ability to handle a 10x increase in data volumes.
Steve Colwill, CEO of Velocimetrics, said in a statement: “Collecting data across infrastructure, application and business levels is the relatively easy part; but creating connected business intelligence by correlating it all and allowing navigation through and across the different layers in real-time is challenging.”
This translates to users being able to move from a high-level, bird’s eye view of the business, to look at data at a very granular level and across different aspects such as trading patterns, performance, client service KPIs and technical infrastructure. It’s also a route to compliance with regulations such as MiFID II and SFTR.