Financial Reporting Acceleration

Shorten your reporting time with the SQream Data Analytics Platform

SQream for OFSAA

Monitoring and quickly responding to changing conditions are key to meeting your organization’s regulatory compliance requirements. SQream for OFSAA and other reporting applications provides a hybrid solution for data analytics on premise or on the cloud, for rapid insights when you need them most.

The Challenge

Regulatory Reporting requires the execution of some complex data preparation queries first, which typically run over long periods of time and require a great deal of CPU and memory resources. As the amount of data increases year-on-year, a CPU-bound massive parallel data preparation process now struggles to handle the sheer scale of the complexity and data.

The Solution

Accelerate reporting, minimize risk and improve efficiencies, while ensuring compliance is being met.

Powered by GPU, SQream is specially built for massive data, handling growing data stores with trillions of rows. Integrating with your existing environment and run on SQL, it cuts processing time by an average of 50%, while slashing costs.

An end-to-end solution, SQream runs alongside OFSAA and accelerates the data staging and data preparation processes, ingesting the results directly into the OFSAA result tables.

How Does It Work?

SQream utilizes the power of the GPU, which comes not only from its large number of computing cores, but also from incredible usage of data streams that bypass memory limitation issues, along with the software development tactics used to develop them. GPUs allow software developers to parallelize complex tasks and do so with performance that’s difficult to achieve on classic CPU-bound implementations. For example, compression, encryption, and sorting algorithms benefit from the GPU’s high core count and memory bandwidth.

Learn how SQream can help maximize your potential with OFSAA and other reporting applicationsfill out the form and book a meeting with our experts.

Accelerated Reporting Over Growing Data

  • Out-of-the-box OFSAA acceleration platform.
  • Average of 50% reduction of processing time.
  • Robust platform that harvests thousands of GPU cores to split complex data preparation queries.
  • Customizable high-performance Data Loader connector to extract data from staging tables.
    Appliance or cloud deployment options.
  • Duration of a typical implementation six to eight weeks.
  • Simple and cost-effective scaling out.
  • Can be leveraged for other financial reporting needs, from terabytes to hundreds of petabyte dataset sizes, unmatched in speed or cost.

    Learn how SQream can help maximize your potential with OFSAA and other reporting applicationsfill out the form and book a meeting with our experts.