Alveo, a provider of cloud-based market data management services, has launched new data distribution capability, Delta.

By using the latest cloud technologies, Delta significantly accelerates the time needed to deploy data sets into business user workflows and business applications. The solution is an integral part of Alveo’s overall data management suite which includes its Prime data mastering solutions and its Alpha Datawarehouse.

Delta – like other components of Alveo’s data management solutions – builds on open-source technologies. Clients can choose to stream data using the Kafka distributed event streaming platform or send defined exports of data sets via csv, xml, json or other formats at regular intervals. Any data delivery is configured by defining criteria for a list of interest of financial instruments, its attribute coverage, quality criteria and format. This flexibility in exporting and shaping data speeds up integration with business applications and any third-party downstream data warehouse.