Award winning year for DiffusionData
January 9, 2023 | DiffusionData
It is always wonderful when the industry recognises the product and the hardwork of the many who works behind the scenes. DiffusionData, leader in real time data streaming has had an excellent 2022 in this regard winning 4 prestigious awards and numerous accolades for its Intelligent Data Platform. The wins included “Most innovative data-driven transformation project, Capital Markets” at the A-Team Innovation Awards, “Best Data Ops Solution Provider” at the Data Management Insight Awards Europe and “Best Wealth Management and Private Banking Implementation” and “Most Innovative Cloud Deployment” at the IBSi Global FinTech Innovation Awards.
In the last twelve months, DiffusionData’s Diffusion has been acknowledged across many diverse sectors. In addition to the four awards it has won, it was shortlisted in twelve further categories.
In Financial Services, at the TradingTech Insight Awards Europe Diffusion was recognized under “Best Trading Solution for Foreign Exchange (FX) Markets”. At the TradingTech Insight Awards USA, Diffusion was shortlisted as a “Best Cloud-Based Market Data Delivery Solution” and at the Benzinga Global FinTech Awards, Diffusion was identified as one of the most pioneering solutions in Capital Markets.
In eGaming, Diffusion was shortlisted at the EGR North America Awards for “Sports Betting Supplier” and “Cloud and IT Services Partner”, and at the EGR B2B Awards for “Live Streaming Supplier”. At the SBC Awards North America Diffusion was recognized under the “Sports Data Product” and “Industry Innovation of the Year” categories and for “Live Streaming Product/ Supplier” at the SBC Awards.
Additionally, from the wider IT and technical and community, Diffusion received further kudos including making the shortlist at the DBTA Readers’ Choice Awards for “Best Streaming Solution”, for “Dev Innovation” at the WorldFestival Awards and finally for “Best Infrastructure Product of the Year” at Computing’s Technology Product Awards.
The fast changing global economic climate as the world pivots stimulative monitory policy to tightening is putting renewed emphasis on real time streaming especially in the finance sector. Real time analytics is becoming more important for both sell-side and buys-side firms as it allows them to be prudent and competitive in this market. Cloud Platforms are a greater leveller when it comes to computing power. A small buy-side firm can have the same computation power as a large sell-side enterprise on-demand in the cloud. As reliability of cloud platform grows financial enterprises are looking to migrate more and more real time and critical platforms to cloud for various reasons including availability, risk mitigation, scalability and cost.
A Realtime Intelligent data platform like Diffusion being a cloud-ready platform not only accelerates cloud migration but also allows buy-side enterprises to develop real-time insights with real time data and inflight wrangling. Diffusion Intelligent Data Platform consumes raw data in any size, format, or velocity; enriches the data in-flight; and distributes the data in real time reliably and at a massive scale with secure, fine-grained, role-based access control. Diffusion is purpose-built to simplify and speed data-driven, real-time application development, reduce operational costs, and economically deliver hyper-personalized data at Internet scale.