Why the Financial Industry Needs Redis Enterprise

The financial industry is facing significant challenges, including increased consumer expectations for real-time performance and fast decisions, as well as regulatory scrutiny and volatile market conditions. To address these challenges, financial institutions require a high-performance database that can deliver sub-millisecond response times, store data from dozens of sources in multiple data models, and provide high availability and multi-layered security. Redis Enterprise, built on the popular open-source Redis database, is designed to meet these needs, offering a multi-model database that can scale to store years of data in memory, score it in real time, and provide high-availability deployment models. The use cases highlighted include risk modeling, mobile banking and brokerage apps, and solutions for buy-side institutions, which demonstrate the power and potential of Redis Enterprise to address regulatory and compliance needs, improve customer engagement, and reduce costs and friction in financial data management.