Wilco hits three million trades per hour in IBM benchmarking
10 December 2001 | 3291 views | 0
Back office vendor Wilco International has released benchmark test results which show its next-generation trade processing system hitting three million trades per hour when run on a partitioned IBM mainframe.
It is intended that the Wilco trade processing system will provide the back office securities processing and settlement component of IBM’s STP WorkBench for e-business - a set of best-of-breed software applications designed to boost financial market straight-through processing rates.
For the testing, the Wilco trade processing system was run on an IBM eServer z/900 running the z/OS 1.1 operation system. The Java application uses JDBC to access IBM's DB2 version 7 databases. WebSphere 4.0 for z/OS were used to support the Enterprise Java Beans. Processing results included trade capture, enrichment of the trades with data and processing details according to their business processing rules, and routing for onward processing.