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Christophe Barriolade, co-founder of Orchestra Networks

Analytics software developer TIBCO has acquired data management specialist Orchestra Networks. TIBCO claimed the move will combine the benefits of its Connected Intelligence platform with Orchestra’s EBX data management solution, improving, for example, the way banks can report to regulators.
EBX is designed to manage, govern, and share all master data, reference data, and metadata assets. Most organizations, said Orchestra, manage these shared data assets independently, resulting in higher cost, lower agility and greater risk. TIBCO claimed EBX customers in the banking sector and other verticals will now gain instant access to its integration and analytics capabilities for their data assets.
“Strengthened by TIBCO, EBX will provide shared data assets for integration and analytics to empower better decisions and faster, smarter actions,” said Christophe Barriolade, co-founder of Orchestra Networks and its chief executive officer until the acquisition. “TIBCO will help Orchestra Networks to market and support its leading data asset management software on a larger, more global scale while offering complementary API-led integration and AI-driven analytics capabilities to our customers.”
He said banking and insurance has been Orchestra’s largest market: “One of the largest US banks is using EBX to manage reference data and meta data, as well as the data management they need to be compliant with the regulator,” he said. “When they generate a regulatory report, they can understand quickly exactly which data elements are involved and where they comes from. It’s about building a connected catalogue for them. Now, with TIBCO, the bank can use that data to support their analytics.”

by Guy Matthews
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