HANA-based business data analytics platform called Sentinel meant to help investors make faster, better decisions
SAP AG is working on stocks analytics and market insights platform which the enterprise software maker says will essentially be the “Amazon for stocks and the Facebook for investors.”
“The goal is to be nothing less than the Amazon for stocks and the Facebook for investors,” the posting said. “We take our metaphors seriously!”
Sentinel will blend “algorithmic trading with deep new analytics” and will be powered by SAP’s in-memory HANA platform. The product will use HTML5 and Javascript on the frontend and have a “super-scalable backend.”
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HANA’s in-memory database is able to quickly parse big data. Since data doesn’t need to be stored on a disc and retrieved with HANA, the platform is capable of accelerating transactions.
The “sole purpose” of Sentinel is to help investors identify profitable trading opportunities “with minimal cognitive overload,” according to SAP.
“The end goal is to build a system that is simple but not trivial, deeply quantitative but not compounding, advanced but not abstruse.”
The ideal candidate for the job, according to SAP, will be someone with demonstrated leadership in implementing large scale algorithms, applications in data mining, machine learning, text analytics, natural language processing, sentiment analysis, search and semantics.
Sponsor: IBM Canada Ltd
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