We’re delighted to announce that trueDigital and their global digital finance platform has joined the Crux supplier network! trueDigital’s platform will provide institutional investors with OTC cryptocurrency reference rates. Learn more here.
Thrilled to share that Morningstar has joined the Crux Supplier Network as a leading provider of independent investment research to the industry. Morningstar is bringing its mutual fund reference and return data to the platform. Read more here.
We are delighted to welcome Moody’s Analytics to the Crux platform! Datasets from Moody’s include Ratings Delivery Service and CreditEdge Plus North America. Connect to Moody’s and learn more here.
We’re excited to announce that Stoxx has joined the Crux supplier network, bringing their suite of global indices to the platform. Stoxx is a leading global multi-asset index provider, covering 95% of the world’s investable market cap across developed and emerging markets. Learn more here.
We’re delighted to announce that RavenPack has joined the Crux Supplier Network. RavenPack uses Natural Language Processing methods that converts news and social media into Sentiment Data to gather insights, from stocks to key business and political figures. Learn more here.
Announcing that Swaps Monitor Publications and their Financial Calendar product have joined the Crux Supplier Network! Covering holidays, trading hours, expiry dates, time zones and economic events, they use intensive research, a heavy technology investment and constant maintenance to deliver the highest standards of accuracy. Learn more here.
We’re delighted to announce that Fraud Factors joined the Crux Supplier Network. They leverage machine learning and natural language processing methods to turn unstructured data into corporate governance insights. Learn more here.
A vast majority of financial institutions are exploring cloud computing to see how they might serve investment processes and customers better, faster and more securely, and be able to plan for the future with modern infrastructure. Crux Informatics, a data delivery and operations company, built its infrastructure from the ground up with cloud computing, and hasn’t looked back. At Crux Informatics, we’re pleased to partner with Google Cloud Platform (GCP) to help scale the building of secure, efficient and high-quality data pipelines for the financial services industry.
Since its inception, Crux has used its cloud platform and expert services to connect data users and suppliers in the capital markets so data can flow. Data suppliers are large data owners and distributors that gather and send raw financial data to banks and hedge funds—the data users—for them to make trading and other critical business decisions. These data suppliers provide a wide variety of data sets in multiple formats to users. Until recently, financial firms ingested and processed data in-house. As a result, their data analysts spent a significant amount of time and resources focusing on the repetitive tasks of extracting, cleaning and validating the data to prepare it for analysis.
Crux eliminates the need for financial firms to build and maintain these complex data management infrastructures in-house by providing a solution that replaces the data supply chain ingestion process. Its cloud-based delivery and operations platform serves as an industry utility, so customers can reliably process the data they need, when they need it and where they need it. In turn, data users can access more data from their suppliers and build their own proprietary services, moving away from repetitive tasks to sophisticated data analysis that brings knowledge and insight to capital markets.
Cloud benefits spread to the financial services industry
Financial institutions have uncompromising technology requirements regarding security, compliance and accuracy. With persistent and rapid change within financial services, it’s essential that technology keeps up the same pace. But maintaining massive repositories of data in-house makes it harder for financial firms to move quickly. Migrating legacy systems into a streamlined data supply chain on the cloud can also be very challenging. For Crux’s customers, their product brings a simpler way to ease into cloud use, rather than having to choose separate services.
Crux uses a variety of GCP’s set of tools and services to help build its business faster and serve its customers better. The cloud-native approach that Crux has taken means that it can offer high resiliency by using multi-region storage buckets in Cloud Storage combined with GCP’s global network and ability to spin up high-availability clusters. Crux is able to detect and respond quickly to issues thanks to its comprehensive monitoring, logging, and tracing infrastructure that uses Stackdriver.
High-performance data access and data processing are foundational aspects of the Crux offering, which is facilitated by Google Kubernetes Engine (GKE), BigQuery for data analytics and Istio for production monitoring. Security is also paramount for Crux, and GCP’s Shared VPC option gives the company a global IP space where firewall rules for multiple projects can be centrally managed by the infrastructure team.
These GCP services have helped Crux grow and scale up quickly, and has led to many benefits for Crux’s customers. Crux plans more growth and development to serve even more clean, useful data to its customers.
We’re delighted to announce that Revelio Labs joined the Crux Supplier Network. Their datasets leverage AI methods to create structured & accurate representations of raw labor data contained in hundreds of millions of resumes, profiles, and job postings. Learn more here.
We’re delighted to announce that OptionMetrics has joined the Crux Supplier Network. Over 300 institutional subscribers and universities rely on OptionMetrics products as their main source of options pricing, implied volatility calculations, volatility surfaces, and analytics. Learn more here.