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The process that Omega Point developed begins with about four terabytes of raw data on securities, which is put through big data processing and then pulled into a suite of applications.
However, while starting Omega Point, he had seen how cloud services had evolved and could offer the needed expertise, optimization, and application of best practices more effectively and cheaply than an in-house team.
While evaluating managed Mongo DB providers, m Lab emerged as the service with simple, transparent pricing and the strongest reputation for performance and helpful support.
"For a higher education institution looking to move workloads off-premise, Oracle's Cloud Infrastructure offers some unique benefits.
Oracle's database offerings are pervasive in virtually all institutional environments.
Oracle is offering a rapidly growing set of its products in its cloud environment, including the flagship database, as well as building an ecosystem of third party vendors that service higher education customers from the Oracle Cloud Infrastructure environment.
N2N Services' Illuminate product, an API management platform, is now hosted in Oracle Cloud.
Institutions utilizing Oracle's database products or hosting their own applications in Oracle Cloud Infrastructure can leverage 'on network' connectivity and Oracle's enterprise focus in building and hosting these systems," said Joel Dunn, CTO of N2N Services.
A startup offering investment portfolio managers rich quantitative data to guide their decision-making, Omega Point needed to handle vast amounts of data without compromising product development.
When N2N first developed Illuminate, on Amazon Web Services (AWS), they were surprised by the rapid increase in costs.
Some of the cost increases were because of the rapid growth of the subscribers and evolution of N2N’s development team’s efficiencies in multi-tenancy, containerization, and continuous integration model.