A Double Victory: Fast Retrieval of Data From Ignite In-Memory Cache and Reduce Load on Classical DB

The speakers of this presentation are Mirko Cambi, Executive Director at Mediobanca, and Justin Mathew Quant Developer (VP) at Mediobanca.

 

This Apache Ignite-based solution (built on the GridGain platform) helped Mediobanca's front office trading business design, build, and deliver a fast-loading high-performance app without touching the existing infrastructure.

 

With in-memory caching, they have improved the overall performance of other pricing applications, as well as the applications used in middle office and back office, by reducing the network traffic and load on their traditional database. Their traders, quants, and top-level managers could instantly track the price of various assets in a highly volatile market, giving them a significant advantage over their competitors.

 

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