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Man Group Selects Percona for MongoDB Support

June 2, 2022 (Global News Distribution) -

Global active investment management firm chooses Percona to support its database infrastructure for mission-critical applications

Percona, a leader in open source database software and services, today announced that Man Group, a global, active investment management firm based in on Technology, which has $151.4 billion in assets under management[1], chose Percona for 24x7x365 support for its mission-critical applications that rely on MongoDB. Percona will provide premium support to Man Group’s Alpha Technology division, ensuring uptime for its core research and trading data applications.

Man Alpha Technology, manager of infrastructure and systems that facilitate investment decision-making at Man Group, will have access to Percona’s MongoDB experts to ask questions as part of consultative assistance. Man Group also uses Percona Monitoring and Management (PMM), an open source database monitoring, control and management tool.

Tim Mace, Director of Data Engineering at Man Alpha Technology, said, “ We look forward to working with Percona and benefiting from the expertise and high quality service delivered by their technical team. We saw a need for support with our business processes that depend on MongoDB, while at the same time wanting to maintain our approach to designing and scaling our infrastructure to meet our business needs. . Percona has demonstrated its long-standing experience in the field, with deep specialist knowledge and open source tools that meet our demanding needs today. »

Martin James, vice president of sales in EMEA and APAC, added: “ Companies want to use the best technologies to run their operations, and they need the best support and the best expertise to make the most of these technologies. technologies. Percona’s independent approach, and expertise in open source database software, means companies can rely on us to achieve their goals over time. With Percona, businesses get the information and support expertise they need, knowing that all recommendations will be the best for them and their needs. »

MongoDB is one of the most popular databases in the world according to DB-Engines , and it is used by millions of developers to help them build and run applications. Percona offers a range of products based on MongoDB Community Edition, including:

  • Percona Distribution for MongoDB – this is a global solution that is a direct and complete replacement for MongoDB Community Edition. It brings together the finest, most mission-critical enterprise components from the open source community that are designed and tested to work together, along with industry-leading support from Percona.
  • Percona Server for MongoDB – a free, off-the-shelf replacement for MongoDB Community Edition, which includes professional-grade features such as the Memory Engine in-memory storage engine, HashiCorp Vault integration, data-at-rest encryption, audit logging, external LDAP authentication with SASL, and hot backups
  • Percona Backup for MongoDB – a fully supported, open-source, community-based backup tool for performing consistent hot backups in MongoDB

These features are all included in the Percona Platform, the company’s recently announced product, which offers multiple open source database distributions, support and automated recommendation engines. The Percona Platform provides the software and services to unify the database experience across all infrastructures, enabling enterprises to benefit from the most mature open source solutions, support, services and intelligence to run their database environments at peak performance, in the cloud or on-premises, without licensing restrictions or increased costs.

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About Percona

Databases work better with Percona. Percona is the only company offering enterprise-grade products, support, and services for a range of open source databases, including MySQL®, MariaDB®, MongoDB®, and PostgreSQL, for traditional deployments , cloud-based platforms and hybrid computing environments. The company is committed to supporting open source as an approach to software licensing, development, and deployment; and its database management tools are used by millions of application developers, database administrators and IT professionals worldwide.

Percona gives businesses the freedom to choose, the freedom to create, and the freedom to make a difference, all while helping them scale quickly as they grow. The company supports multiple global brands such as PayPal, Vimeo, RockStar Games, Duolingo, Fiserv, Slack, Cisco Systems, and Rent the Runway, as well as smaller companies looking to maximize application performance while streamlining efficiencies from their databases. Learn more at www.percona.com .

About Man Group

Man Group is a technology-based global active investment management firm focused on delivering portfolio and alpha solutions to its clients. Based in London, we manage $151.4 billion* and operate from numerous offices around the world.

We invest in a wide range of strategies and asset classes, combining long-term strategies only and alternative strategies managed on a discretionary and quantitative basis, in liquid and private markets. Our investment teams work on Man Group’s unique operating platform, allowing them to invest independently while benefiting from the collaboration, power and resources of the entire company. Our platform is built on state-of-the-art technology and supports our investment teams every step of the way, whether it’s alpha generation, portfolio management, trade execution or risk management.

Our customers, and the millions of retirees and savers they represent, are at the heart of everything we do. We build deep and lasting relationships and create tailored solutions to meet their unique needs. We recognize that responsible investing is intrinsically linked to our fiduciary duty to our clients, and we embed this approach broadly across the business.

We are committed to creating a diverse and inclusive workplace, where difference is celebrated and everyone has an equal opportunity to thrive, by giving back and contributing positively to our communities. To learn more about Man Group’s global charitable efforts as well as its diversity and inclusion initiatives, please visit: https://www.man.com/corporate-responsibility

Man Group plc is listed on the London Stock Exchange under the symbol EMG.LN, and is included in the FTSE 250 Index. For more information, visit www.man.com

*As of March 31, 2022. All advisory and investment management services are offered through the investment “engines” of Man AHL, Man Numeric, Man GLG, Man Solutions/FRM and Man GPM.

[1] As of March 31, 2022

The text of the press release resulting from a translation should in no way be considered official. The only authentic version of the press release is that of the press release in its original language. The translation will always have to be compared with the source text, which will set a precedent.

contacts


Zoe Gardiner onebite press
contacts for Percona
percona@onebite.co.uk

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