Compaq and Intel set Compass for financial sector

Compaq and Intel set Compass for financial sector

Compaq and Intel have launched Compass - a collaborative technology and marketing programme designed to deliver a full range of trading cycle solutions to investment banks, brokerages and asset management operations in North America and Europe.

The Compass programme aims to accelerate the adoption of Intel architecture-based systems and solutions in the financial industry by providing a customised programme of information and services to investment banking and brokerage customers.

These include solution centres offering infrastructure, optimising and training; a proprietary database of performance benchmarking data; a wide range of selected and pre-optimised solutions from participating ISVs (independent software vendors); consulting services from Compaq and Intel covering planning, testing and implementation.

Under the programme, participating ISVs will work with Compaq and Intel to tune, optimise and scale their flagship solutions to run on Compaq ProLiant servers, powered by the Intel Xeon and Itanium family of processors.

The resulting portfolio of solutions will include order routing, order management, transaction processing, trading analytics, risk management and messaging applications, clearing, settlement and accounting.

Mack Gill, director of alliances, SunGard, says: "SunGard is pleased to see that two industry giants, Compaq and Intel, have teamed up to facilitate STP and we are excited about participating in this initiative that will lead to optimised solutions for financial services."

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