Tudor Investment Corporation Purchases Composite Software Data Virtualization Platform


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The global hedge fund manager will use Composite to help streamline access
to market and trade data for traders, analysts and management

SAN MATEO, Calif. — April 30, 2013 — Composite Software today announced that
Tudor Investment Corporation, a globally pre-eminent hedge fund manager, has
purchased the Composite Data Virtualization Platform to create a virtual
data layer to streamline access to market and trade data for its traders,
analysts and management. Tudor joins Composite Software’s growing list of
financial services customers including Bank of America, Franklin Templeton,
NYSE Euronext and Wells Fargo Bank.

According to Paul Mark Skittone, Tudor’s Head of Data Services, Composite’s
data virtualization software will provide Tudor Investment a decoupling
layer, providing the necessary agility to integrate new sources of data that
come on line throughout the day. “This increased agility will enable us to
better serve our user community by reducing the time required to deliver
data requests,” Skittone said.

Other benefits to Tudor enabled by the Composite data virtualization
platform include improved governance and simplified enforcement of row-level
security across a federated set of data which reaches across dozens of
underlying databases; abstraction and reuse of existing calculations and
joining of this data with information provided by transactional data stores;
and an upgrade path for integrating existing systems and technologies.

“Financial services organizations are pioneers in the use of data
virtualization to expedite the delivery of new information assets into their
data warehousing and business intelligence environments,” said Robert Eve,
Composite Software Executive VP of Marketing. “This business agility is
essential to maintaining their competitive edge. We are pleased to welcome
Tudor Investment Corporation to our all-star lineup of financial services
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