Advanced analytics and data management provider RoZetta Technology has partnered with sister company SIRCA to build, deploy and manage an enhanced analytics and data collaboration platform to over 30 Australian and New Zealand universities.
The platform is a fully managed service offering designed to allow academic researchers and students the opportunity to access, collaborate and innovate with vast amounts of previously unavailable financial data.
SIRCA launched the service at the academic financial and accounting conference in Adelaide this week.
David Sharp, chief executive, RoZetta, said, “Part of RoZetta’s proven approach and methodology is to take the time necessary to understand how the end user interacts and uses the data to ensure they can derive maximum value and benefits. Initial feedback from PhD students has been positive.
{loadposition peter}“They have highlighted massive time savings, efficiencies and flexibility from the platform. The opportunity to conduct research and innovation across a range of issues that were previously just not possible was prised during the trial period”.
Built on the Amazon Web Services Cloud, RoZetta says it developed the analytics platform with a range of “market leading big data tools and products”, including the Databricks Analytics and Collaboration Platform.
According to Sharp, this technology coupled with RoZetta’s “deep data science and engineering skills” has delivered a solution that enables and fosters community based access, research and development.
Sharp claims the new data and platform capabilities are a significant step forward in providing the research community with economies of scale and ease of access to new data sets and compute power, and the cost savings for universities are significant when fully deployed.
“Researchers, students and teachers across Australia and New Zealand will be able to use the new platform in the AWS Cloud to not only reduce the cost of research but to shorten ‘time to science’ by taking advantage of the economies of scale and ease of access to new data sets and compute power.”
Professor Stephen Taylor, head of Financial Accounting, UTS, said, “The SIRCA Gateway will be a key enabler of financial market research, and will be welcomed by our academic research community. The SIRCA Gateway provides a unique opportunity for anyone who wants better insights into large-scale and complex financial markets data.
"It not only provides new and extensive data sets, it also lets researchers save time, control their analytics using their preferred programming language, and collaborate more easily.”