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Virtual Database Consolidates Search Across Distributed Heterogeneous Databases
This week Dynatrek, Formtek’s partner in Japan was featured in one of Tokyo’s top financial newspapers. Dynatrek has a unique patented technique for performing very high performance searches across heterogeneous distributed databases. Here is the original article and my very rough English translation of it.
Congratulations Joji-san!
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Effective Use of Existing Data
By Joji Saeki, CEO Dynatrek Corporation
Dynatrek (headquartered in Chiyoda-ku of Tokyo Japan, 30 million yen capitalization, 7 employees) develops and sells a data search integration tool called Dynatrek that uses a virtual database technology. In December, 1999 the company was established and the Dynatrek product was announced. Throughout all of Japan there are 10 companies using the product. Among banking and investment companies, the product is used at the Mitsubishi-Tokyo UFJ Bank branch office in Kyobashi and at the Mitsui Sumitomo Bank branch office in Ginza.
While I was doing System Consulting primarily for government agencies, in 1991 during the Gulf War, it was necessary to very quickly extract specific data from the Japan trade insurance data. But it was determined that it was very difficult to do that kind of processing with the existing systems, so I undertook some research and development towards solving the problem. What this project led to was new technology that made it possible to integrate data in real time from across multiple distributed systems and make it possible to perform searches as if it were a single unified database. About half of the users today are in Japanese financial companies, and we expect to add more users in the financial sector going forward, Saeki said.
“Japanese IT in financial institutions is lagging the world. It is necessary to build systems that are based on global trends. Further, it is urgent to put to practical use the already existing data found in many huge system, he hinted.
