18 January 2018
visit http://response.ncr.com

CSFB to build new online applications on BEA platform

19 March 2002  |  2874 views  |  0 CSFB to build new online applications on BEA platform

Credit Suisse First Boston (CSFB) has signed a multi-year agreement to use the BEA WebLogic e-business platform on which to build a new suite of online applications.

The initial applications will include an interactive research tool for institutional investors, a Web-based clearinghouse for fixed-income bond and derivative trading, and a customer-management system for CSFB's marketing and sales professionals, says the bank.

G.T. Sweeney, chief technology officer at CSFB, says: "We evaluated BEA WebLogic, and several other application platforms, and we found WebLogic to be an ideal environment for our needs. We believe it will help us bring innovative products to our clients faster and more cost-effectively."

Details of the new technology projects underway at CSFB are scant. The interactive research tool will have the capacity to maintain all time-series data for thousands of securities. This includes daily and intra-day trading prices on a rolling 52-week basis. The fixed-income trading clearinghouse is billed as a messaging system with the flexibility to communicate with a broad range of database systems while maintaining absolute data integrity.

"Accelerated time to market is crucial in our industry," says Jamie Jones, vice president, global Web services at CSFB. "BEA has done most of the 'heavy lifting,' allowing our application development teams to focus on their business requirements."

CSFB recently revealed plans to move its global order routing architecture to the BladeFrame range of Linux servers supplied by US-based Engenera.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

CSFB deploys AppStream for PrimeTrade version control

CSFB deploys AppStream for PrimeTrade version control

01 March 2002  |  2583 views  |  0 comments

Related company news

 

Related company information

Credit Suisse

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.thomsonreuters.infovisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10481 views comments | 32 tweets | 36 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10051 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9738 views comments | 17 tweets | 14 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9634 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9192 views comments | 17 tweets | 16 linkedin

Featured job

Find your next job