Vaultspeed launched at WWDVC 2019

The Agile Automation Factory launches Vaultspeed at WWDVC 2019. As a leading technology company, they introduce their data warehouse automation tool built on the Data Vault 2.0 standard and on a decade of business experience.

Vaultspeed drastically reduces implementation times and increases the speed at which new functionality is ready to be delivered to end users. The Data Vault 2.0 modeling approach strips the data model components to their bare minimum before loading them through repeatable loading patterns and giving them a uniform database structure. 

The template system understands the structure of the object types and has easy-to-set configuration parameters. Developers, analysts and data scientists only need to learn the Data Vault 2.0 jargon, no other complex template language. Each time a source changes, only the parameter settings and the metadata properties require an update. There is no need to adapt the template code. 

Vaultspeed comes with an intuitive process-driven user interface that guarantees the generation of high-quality code as quickly as possible. 

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Immediate business value with the Data Vault 2.0 standard

The 2019 edition of the annual WWDVC (WorldWide Data Vault Consortium) was opened in Stowe, Vermont with a brainstorm session on the importance of the Data Vault standard. The outcome was unanimous: if you need to process massive data volumes or if you need a real-time data vault, working according to the official Data Vault 2.0 standard is the way to go. Using all three major components comprised in this standard - the Data Vault Model, the Methodology and the Systems Architecture – ensures the delivery of true business value in a matter of days.

The DV2.0 standard has a rock-solid track record: each element was thoroughly studied and tested during the setup of terabyte data warehouses. And this standardized way of working is exactly what Vaultspeed offers as well. But that's not all. The Vaultspeed development team of experts combine years of hands-on experience to create this data warehouse automation solutions that works: its easy setup and clean interface will automate any large-volume data warehouse.

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VAULTSPEED Data Vault 2.0 for Finance, Event organized by Scalefree in Frankfurt

Vaultspeed at the Scalefree Data Vault 2.0 for Finance conference in Frankfurt

Scalefree, the IT consultancy firm owned by Dan Lindsted and Michael Olschimke, organized a conference targeted at the financial sector. More than 50 attendees joined the conference in Frankfurt, representing financial institutions from the US, Germany, Belgium and other countries.

Today, the finance world has to deal with many silo legacy systems and an increasingly evolving demand for data, as a result of regulatory requirements and digitalization. The challenge: can working with the Data Vault standard bring the added value and data agility that the finance world urgently needs?

Dan Lindsted, the inventor of the Data Vault standard gave the opening presentation. His message in a nutshell was this: 

  • Data Vault is much more than a data modeling approach. It is a standard that includes people, processes and architecture. And it is a methodology that guarantees CMMI compliance level 5, when implemented accordingly. 
  • Data integration needs a similar approach, much like the innovation Henry Ford brought to the car industry. Standardization and automation will allow financial institutions to keep managing the ever-increasing data volumes.
  • Data Vault is a logical data model. The physical data model can be different, depending on the platform on which it is implemented: in the cloud, on premise, relational or file based, etc. It does not have to be on a single central platform. That’s how Data Vault supports the idea of Data Hubs, as referred to by Gartner.

During the event, we introduced Vaultspeed, our data warehouse automation tool that can also help financial organizations to profit from agile automation through Data Vault 2.0 modeling. We illustrated our experience in the finance sector with the Argenta and Bank Degroof Petercam customer cases. 

Michael Olschimke, CEO at Scalefree, closed the conference by sharing a few best practices for financial institutions to get started with automated data warehousing according to the Data Vault 2.0. standard. 

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