We chose MarkLogic because trade data is notoriously difficult…”
“We need the ability to respond quickly to changing regulatory requirements. We chose MarkLogic because trade data is notoriously difficult to handle in relational databases. We found the breadth of MarkLogic’s multi-model database and associated features, such as security and ACID transactions, to be compelling.”
Regulators increasingly want banks to be able to reconstruct trades and retrace data lineage. By building its trade store on MarkLogic, ABN AMRO can more easily comply with existing and forthcoming financial regulations. It now also has a fully-integrated, consolidated view of data to provide a single source of truth for reporting. Additionally, MarkLogic’s Bitemporal capability will allow ABN AMRO to minimize risk through “tech time travel” — timestamping and rewinding trades.