The single standard allows a bank to monitor its counterparty risks globally, streamlines back office processing and reduces costs in data management.

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One of the fundamental challenges of the grids that GigaSpaces operates in is the management of a large pool of servers, the data processing jobs they are assigned, and the results they return.

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Storing, processing and analyzing even the tiniest fraction of that data will require drastically different technologies from the structured, relational data management tools organizations have so far relied on.

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