BNP Paribas has deployed an Oracle Exadata Database Machine to improve the management of electronic trading data.

BNP Paribas' data warehouse manages billions of messages in real-time, processing a terabyte of raw data daily. A half-rack Oracle Exadata Database Machine has helped BNP Paribas better manage data growth and improve system performance, said the bank.

The Oracle Hybrid Columnar Compression feature of the Oracle Exadata Database Machine is used by the bank to compress the size of its active data, leading to "easier data management and more efficient use of storage", said the bank.

The bank said the platform had helped achieve "17 times greater data throughput without any changes to existing applications".

Jim Duffy, senior business intelligence and data warehouse architect at BNP Paribas, was honoured by Oracle recently as EMEA data warehouse leader of the year, at the Oracle OpenWorld conference in San Francisco.

Duffy's team are charged with mastering all trading activity data between the bank's global equities and commodity derivatives (GECD) business and the world's electronic markets.

Financial adviser and broker BNP Paribas Personal Investors recently deployed a project and portfolio management (PPM) system from CA to improve the use of its IT resources.