Case Study: Novus achieves real-time, high-concurrency wealth management dashboards with SingleStore

How Novus Partners Manages $2 Trillion with Help from SingleStore

The customer Novus, a large US bank, struggled with a slow and unresponsive wealth management dashboard powered by Hadoop/HDFS. Key challenges included a batch-based data loading process that locked out users for an hour at a time, unacceptably slow query speeds, and an inability to handle user traffic spikes during major market events.

SingleStore was implemented to power the dashboard, leaving Hadoop as a data lake for long-term storage. The solution enabled real-time data streaming, eliminating batch update locks. As a result, Novus achieved query responsiveness in tens of milliseconds, supported 40,000 simultaneous users even during usage surges, and could analyze five times more historical data for deeper insights.

Novus

Noah Zucker

Vice President of Tactical Engineering