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Event streaming platform pioneer honored for its exceptional technology partnership with one of the leading global financial institutions
Palo Alto, Calif. – June 5, 2019 ‒ Confluent, Inc., the event streaming platform pioneer, today announced Morgan Stanley has recognized the company as one of its exceptional technology partners with a CTO Innovation Award in the software category at its 19th TechWeek and CTO Innovation Summit in Palo Alto, California. Confluent was named the winner in the software category for its Confluent_®_ Platform, which was a key enabler in helping Morgan Stanley make more efficient use of its real-time event streaming data.
“Confluent has become a lynchpin to harness Apache Kafka_®_ for improved operational transparency and timely data-driven decisions,“ said Yunchi Nam, Head of Data Engineering and Distinguished Engineer at Morgan Stanley. “We are delighted with the improvements we have seen in the monitoring of our business flows, speeding up lending approvals, and providing better and more timely fraud analytics, and look forward to expanding services to leverage the platform to simplify, automate, and drive business decisions.”
“Data is only as valuable as your ability to quickly act on it,” said Jay Kreps, co-founder and CEO, Confluent. “That is why industry leaders like Morgan Stanley are reimagining their businesses around real-time event streaming platforms. With Confluent, companies can instantly place data from any source into context so they can act and engage with customers and win in the modern economy.”
Morgan Stanley’s TechWeek & CTO Innovation Summit is an annual forum that unites technology and business leaders from the firm, its vendor ecosystem and promising startups to discuss innovation, future products and partnership opportunities. The CTO Innovation Awards honor innovative technology solutions that materially contribute to Morgan Stanley’s technology platform.
Confluent recently released Confluent Platform 5.0 which introduced significant new capabilities — making infrastructure more secure, reliable and easier to manage, while enabling more powerful applications with streaming data. Enterprises around the world, including AUDI, Capital One, JPMorgan Chase, Nordea Bank, BT TV, Priceline.com and many more trust Confluent to become more competitive with real-time data and meet the needs of its customers.
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About Confluent
Confluent, founded by the original creators of Apache Kafka, pioneered the enterprise-ready event streaming platform. With Confluent, organizations benefit from the first event streaming platform built for the enterprise with the ease of use, scalability, security and flexibility required by the most discerning global companies to run their business in real time. Companies leading their respective industries have realized success with this new platform paradigm to transform their architectures to streaming from batch processing, spanning on-premises and multi-cloud environments. Backed by Benchmark, Index Ventures and Sequoia Capital, Confluent is headquartered in Palo Alto and London with offices globally. To learn more, please visit www.confluent.io. Download Confluent Platform and Confluent Cloud at www.confluent.io/download.