As the financial crisis gripping the U.S. and the global economy continues, the ability to make decisions based on analyses of vast amounts of rapidly changing data is more critical than ever, particularly for finance and treasury departments.

To this end, Dublin, Calif.-based Sybase Inc. is set to release in March a new version of its analytics server Sybase IQ 15 that will deliver faster, more accurate analyses and reporting, better enabling companies to anticipate market risks and opportunities.

IQ 15′s major advance is that it sets the data up in a grid-deployable way that allows information from anywhere in the company to all be loaded simultaneously. "This means that instead of loading data sequentially and ending up with data that is several hours old, treasurers can work with data that is only 10 minutes old," says product manager Joydeep Daf. Security enhancements include encryption and frequent password resets, he adds.Data as it ages can also be kept accessible in the system. "You don't lose data as it moves from one tier to another," he says.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.