Alveo, a provider of financial data management solutions, has announced the general availability of Prime Cloud, a major new release of its core data management platform Prime.

Prime is a scalable, end-to-end solution for the sourcing, mastering, quality management, access, distribution, analytics and ROI improvement of financial data. Prime Cloud offers a cloud-native, containerised version of Prime based on a microservices architecture using open-source components including Apache Cassandra as its time series database.

Prime’s rich ecosystem of data management services helps companies onboard and incorporate new data sources, monitor and improve data quality, manage data workflows, track data usage, provision business users and scale applications, and implement complex analytics at lower cost and higher speed. Prime Cloud provides cloud-provider agnostic deployment, a globally distributable solution and, thanks to its storage structure and linear scalability, extremely performant write and read operations.