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Lombard Odier Signs Up To New Database

Tom Burroughes

22 January 2014

Swiss private bank Lombard Odier has chosen US-based MongoDB open source database firm to store its E-MERGING social network, the technology firm has announced.

The E-MERGING business-to-business social network aimed at independent financial networks was rolled out by the Geneva-headquartered bank in 2009; it is free of charge and represented in more than 40 countries, open to professions involved in wealth management such as portfolio managers, lawyers and IT providers.

MongoDB – which gets its name from the word humongous, says it has helped Lombard Odier develop its network through a variety of ways, such as information broadcasting; bi-directional messaging service; an e-learning service; online shopping; search and browsing and knowledge-sharing services.

MongoDB has a global community of more than 5 million downloads of its open-source database, 100,000 online education registrations, 20,000 user group members and 20,000 MongoDB Days attendees.