Quobyte Joins STAC Benchmark Council to help Financial Services Solve Storage Challenges

Today hyperscale storage provider Quobyte announced that it has accepted an invitation to join the Securities Technology Analysis Center (STAC) Benchmark Council, an influential group of technologists in the finance industry. "Quobyte provides massively scalable software storage to allow the industry to take advantage of the insights they can gain from the extensive amount of historical trading data they have collected," said Bjirn Kolbeck, Quobyte's CEO and Co-Founder. "We've found that Quobyte storage software running on a cluster of industry standard whitebox servers can significantly reduce time spent on backtesting - literally converting time saved into money."

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