Oracle Gets Zippy with Financial Services - Page 3
Olofson hasnt tested it, but he said it makes sense logically. "Database kernels, they revolve around this issue of the disk structure," he said. "You store indexes in one place, data in another, and youre constantly checking to see, Should I swap a buffer out? Should I load this other from the disk?" Watch out, SybaseOf course, financial services companies could continue to use TimesTen in a two-tier setup with Sybase ASE. Theres no compelling reason to switch, just because TimesTen is being acquired. After all, database migration is a horrific pain. But, if financial services firms are looking to integrate what TimesTen is doing with what their back-end database is doing, and at a level of intimacy that can only be achieved by using TimesTen in conjunction with Oracle 10g, a migration might be tempting, Olofson said. Another thing to note is that Oracle has already achieved a much better hold in the financial services sector than it had, say, 15 years ago, when Sybase owned the business, Iati said. With the addition of TimesTen, it picks up a nimble player whos been in this business for a while and thus has the potential to offset its reputation as a large and somewhat clunky company, he said. At any rate, Sybase isnt sleeping. It recently released Sybase RAP (Risk Analytics Platform), a platform designed for supporting trading applications in the capital markets. The platform has three pieces that work together to feed trade data into user-selected models, one piece of which, Sybase IQ, is an analytical database that can store massive quantities of market data while enabling fast queries. Whats next? Keep your eye on other small, real-time database players, like ANTS Software Inc. As Oracle has demonstrated, the big database companies are hungry, and they certainly wont let the small guys have all the fun. Check out eWEEK.coms for the latest database news, reviews and analysis.
So what does this mean for Oracle, competitively? It should, for one thing, raise its visibility in the financial services industry. Sybase has historically been very strong in that sector, with Sybase ASE being the database of record for managing portfolios.