SIFMA FINANCIAL SERVICES TECHNOLOGY EXPO
— Sybase, Inc. (NYSE: SY), an industry leader in enterprise and mobile software, today announced that SunGard, one of the world’s leading software and technology services companies, has certified the latest version of its Front Arena position control solution with
Adaptive Server Enterprise (ASE) 15
, Sybase’s enterprise database management system. Customers using SunGard’s newest version of Front Arena to support cross-asset capital markets trading and trading strategies combined with ASE 15 have experienced up to a 400 percent increase in transaction processing of stock exchange data.
“As trading firms continue their march across asset classes and geographies, exponential growth in data is lockstep with the new opportunities,” said Adam D. Honoré, Research Director, Aite Group. “Technology providers have to stay ahead of their customers’ needs and strong partnerships provide an opportunity to bring deep domain expertise together with raw processing power.”
“With the pace of today’s highly competitive global marketplace, delayed response to changing data conditions can mean missed opportunities,” said Nils Undén, chief technology officer for SunGard’s Front Arena business unit. “The combination of these leading solutions from Sybase and SunGard helps customers to keep pace with ever-increasing volumes of stock exchange data.”
ASE powers 46 of the top 50 banks and securities firms in the world, providing extreme transaction processing systems that support tens of thousands of concurrent users with ultra-fast, nonstop performance on cost-effective, standards-based platforms. Sybase’s rock solid reliability, superior performance and low total cost of ownership, combined with Front Arena’s processing and intelligent workflow capabilities, help give capital market firms greater control over the entire trade process.
As a result of close engineering collaboration between Sybase and SunGard, the latest version of Front Arena has been tuned to take advantage of the features of ASE 15, helping customers to improve performance, reduce operational risk and increase efficiency.