Finance Monthly - June 2023

8 Finance Monthly. The Monthly Round-Up NEW CONFLUENT FEATURES MAKE IT EASIER AND FASTER TO CONNECT, PROCESS, AND SHARE TRUSTED DATA, EVERYWHERE Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced new Confluent Cloud capabilities that give customers confidence that their data is trustworthy and can be easily processed and securely shared. With Data Quality Rules, an expansion of the Stream Governance suite, organizations can easily resolve data quality issues so data can be relied on for making business-critical decisions. In addition, Confluent’s new Custom Connectors, Stream Sharing, the Kora Engine, and early access program for managed Apache Flink make it easier for companies to gain insights from their data on one platform, reducing operational burdens and ensuring industry-leading performance. Having high-quality data that can be quickly shared between teams, customers, and partners helps businesses make decisions faster. However, this is a challenge many companies face when dealing with highly distributed open-source infrastructure like Apache Kafka. According to Confluent’s new 2023 Data Streaming Report, 72% of IT leaders cite the inconsistent use of integration methods and standards as a challenge or major hurdle to their data streaming infrastructure. Today’s announcement addresses these challenges with the following capabilities: Data Quality Rules bolsters Confluent’s Stream Governance suite to further ensure trustworthy data Data contracts are formal

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