Fitch Ratings has selected and implemented LakeFrontData's Reference Data Factory (RDF) for its' Securities Reference Data Management platform.

Fitch selected LakeFrontData's RDF for its' reference data management platform having already chosen a service oriented architecture (SOA) as its forward thinking business-driven technology approach. With RDF, Fitch cost-effectively implemented 80 inbound data feeds, and built a comprehensive securities data model with over 6 million securities and a powerful data publication / distribution service. RDF was chosen as the most comprehensive, scalable and complete business-services SOA financial data management platform.

RDF was put into production in 120 days and met Fitch's expectations in terms of agility and scalability. Tony Maceroli, Managing Director of Information Technology commented "Fitch is very demanding, and we have stringent interoperability, flexibility and performance standards for third-party platforms. RDF fit right into our Service Oriented Architecture, adapted easily to the data feeds we required, and exceeded our performance targets."

Before selecting RDF, LakeFrontData assisted Fitch with a data strategy and organizational model. Dale Richards, CEO of LakeFrontData commented "Data is key in Fitch's business, it was more than picking a software vendor. Having an overall strategy and operating model in place let them analyze choices including software, buy/build, vendors, priorities, quality, skill sets / hires and services".

LakeFrontData's RDF is an open standards SOA software platform for data acquisition, normalization and distribution, and is equipped with a strong data model that provides a practical and scalable solution. RDF operates and integrates with any other vendor data or client-built models. RDF is an adaptable solution that comes prepackaged with feed handlers for virtually every major data service, a world-class abstraction data model, tools to rapidly integrate any client container, powerful distribution architecture and a services-oriented platform allowing rapid configuration-based integration of third party and client services / systems. RDF integration tools include a new generation of Web 2.0 and Semantic Web concepts.