SOURCE: Greenlight Technologies, Inc.

Greenlight Technologies, Inc.

September 06, 2012 08:00 ET

Greenlight Technologies Wins Best Big Data Solution Award at SAP Start-Up Forum

Greenlight Enterprise Business Controls Monitoring Technology Compliments SAP HANA In-Memory Data Analysis for High Volume Transaction Risk Analysis

FLEMINGTON, NJ--(Marketwire - Sep 6, 2012) - Greenlight Technologies, the market leader in continuous, real-time Enterprise Business Controls Monitoring software, announced today that the company received the Best Big Data Solution award during the SAP Start-Up Forum on Thursday, August 30, 2012 in Palo Alto, CA. The SAP Startup Forum provides a platform for a broad range of emerging companies to highlight their technologies that compliment the in-memory computing capabilities of SAP HANA for addressing the challenges of big data analytics. The SAP Start-Up Forum event included presentations by each of the startup companies to an audience consisting of top executives from SAP Ventures, other select venture capital firms, company executives and industry thought leaders.

"We are very pleased to have been awarded Best Big Data Solution at the SAP Start-Up Forum. Greenlight's real-time approach to business controls monitoring is unique in the market. The partnership with SAP HANA enables us to advance our innovation agenda by applying real-time transaction policy enforcement for the most data intensive use case scenarios that customers have," said Anand Adya, CEO and Founder of Greenlight Technologies. "Organizations will now be able to prevent transactional risks that can lead to sizable operational losses for the business."

The challenge with running real-time controls at transaction run-time where rules must be applied to enormous amounts of transaction data is non-trivial, and prior to today, this was unachievable. Because it can handle massive volumes of structured and unstructured data entirely in its in-memory database, SAP HANA enables applications and analytics engines to execute data intense operations right where data resides. In doing so, SAP HANA helps customers to achieve performance improvements of up to 100,000 times compared to traditional, disk-based databases while running non-disruptively alongside existing technology. Coupling SAP HANA's data processing capabilities with Greenlight Technologies real-time transaction risk analysis enables organizations to enforce their transaction policies at run-time, stopping anomalous transactions from being executed.

About Greenlight Technologies
Greenlight Technologies provides the industry's most comprehensive, real-time enterprise business control monitoring software solution that enables effective compliance and risk management for user access and transactions across all applications. Leading Global 2000 organizations rely on Greenlight Technologies to reduce the complexity and operational overhead associated with achieving compliance with regulations and ensures the integrity of business transactions. For more information on Greenlight Technologies, please visit www.greenlightcorp.com or call 908-782-5700.

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