Capital markets technology provider Axoni has retooled and rebranded its data replication software to give clients greater flexibility in distributing their data to end users and lowering the cost of keeping databases updated.
The US-based company’s former AxCore product has been renamed HYDRA. The name is derived from the multi-headed creature of Greek mythology, which grows two new heads for every one that is cut off, and symbolises the ability of the platform to self-replicate from an original, or golden, source to various destinations in real time.