PolarLake was recently awarded the Technology Innovation Award at the annual Irish Software Association Awards. According to the article, “The award acknowledges PolarLake’s achievement in producing the world’s first Semantics Based Data Management Platform for Financial Services Firms. The category was the most competitive of the evening with 12 other companies nominated for the award but PolarLake was selected because of its ability to innovatively apply Semantic Web and Big Data Technologies to solve Data Management problems in Financial Services Firms.”

PolarLake CEO John Randles commented, “The Data Management industry is constantly changing due to increased regulatory requirements and firms having to handle internet style scale and complexity. Financial Services Firms require a modern, high performance and flexible solution capable of handling more feeds, more demands and more consumers than ever before. PolarLake’s unique approach of combining Semantic Web and Big Data Technologies allows firms to tackle challenges that traditional Data Management systems weren’t built to solve.”

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Image: Courtesy PolarLake