SmartCo Releases New, Faster Version of Enterprise Data Management Solution

SmartCo, a provider of enterprise data management software for financial institutions, released a new version of its Smart Financial DataHub (SFDH) solution that provides its clients with faster market data management capabilities, additional security features and enhancements of key financial modules.

SmartCo's news comes on the heels of a recent Streambase report, which suggested financial firms are increasingly investing in enterprise data management, despite the turbulent economic climate.

SmartCo said that with its new solution, the data quality controls and series jumps comparison tools already available for end of day prices have been extended to intraday prices.

In addition, the golden copies generation module now allows the setup, without any coding, of multiple-source management with complex rules such as average value, matched sources, and any kind of selection or calculation rule, SmartCo said in a release.

SFDH now allows for faster real-time requests and extracts of large historical time series of various measures, providing immediate results usable in statistical or mathematical applications, the company said.

Other enhancements include a "4 eyes" validation principle that can now be activated on any data perimeter managed within the application, giving enhanced security and control of manual data inputs, SmartCo said.

Paris, France -based SmartCo is currently expanding into North America, and opened an office in Boston last fall.

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio