In April, Progress launched the Market Surveillance and Monitoring Solution Accelerator product, which financial institutions, exchanges and market regulators can use to identify patterns of erroneous or abusive trading activity, and prevent this from happening in real time. This solution also automates the steps required for handling investigations and supports the case management of alerts.

Read more: Progress' New Solution to Detect Abusive Trading Practices

The Progress OpenEdge SaaS platform now has a highly compliant and cost-effective data privacy solution. This delivers full life-cycle data encryption that complies with things such as the latest Payment Card Industry (PCI) regulations, an important requisite for the ongoing expansion of Cloud Computing. According to Progress, "To make this possible, the Progress OpenEdge Enterprise RDBMS now supports Transparent Data Encryption (TDE). TDE encrypts data on disk, whether the data is in the database, a backup, or a binary dump, and stays encrypted throughout its lifecycle."

Read more: Data Privacy Solution for OpenEdge SaaS Platform