SAN JOSE, Calif., May 6, 2019 /PRNewswire/ -- PeerNova, Inc., a leading Distributed Ledger Technology (DLT) solution provider, today announced the availability of its Cuneiform Platform Multi-Node DLT on the Google Cloud Platform (GCP) Marketplace. Cuneiform will be available on the GCP Marketplace for developers to build, test, and deploy their applications. PeerNova will demonstrate Cuneiform at Google Cloud's booth at SIFMA's Operations Conference and Exhibition in Boca, Florida on May 6 – 9.
"Our blockchain-based DLT platform uses big data components to achieve the volume and velocity requirements of mission-critical financial applications," said Gangesh Ganesan, PeerNova's President, and CEO. "By collaborating with Google Cloud's world-class big data and infrastructure, we unleash the awesome power of our platform and allow financial institutions to explore our software through an easy single-click deployment. We are excited to showcase our platform at Google Cloud's booth during the SIFMA Ops Conference."
Google Cloud's infrastructure allows for automated deployment and management of the Cuneiform Platform in a multi-party workflow model on a distributed ledger. Cuneiform's permissioned DLT platform provides a trusted network where financial institutions can share data and mutualize on business processes internally and with other institutions in hybrid cloud topologies.
Cuneiform allows financial institutions to build a Golden Source, ensuring a single source of truth through Event Lineage™. This provides end-to-end visibility of assets in real-time and a fully programmable rules-engine to capture lifecycle events of those assets across both external and internal market participants and systems.
The SIFMA Operations Conference and Exhibition will dive into the dynamic and complex environment that is reshaping operations, the customer experience, and market requirements for financial institutions.
To learn more about Cuneiform and its launch on the GCP Marketplace, or to learn how to deploy Cuneiform, please visit https://peernova.com/cuneiform-google-cloud-marketplace.
About PeerNova, Inc.
Founded in 2013, PeerNova combines the expertise of financial industry veterans with the technical aptitude of Silicon Valley innovators to enable financial institutions around the world to solve some of their most prevalent challenges around post-trade processing. PeerNova's Cuneiform Platform is a blockchain-based Distributed Ledger Technology (DLT) solution purpose-built for reducing friction both within and in-between financial institutions that execute high-value transactions in multiple asset classes, involving complex multi-party workflows and large datasets. For more information, please visit https://peernova.com.
SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry's nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.
SOURCE PeerNova, Inc.