20 September 2017
Find out more

AB Watley ports trading platform from Microsoft to Sun

21 June 2000  |  3176 views  |  0 AB Watley ports trading platform from Microsoft to Sun

Wall Street brokerage firm AB Watley is to port its online trading systems from Windows NT to a network of Sun Enterprise 4500 servers, citing cost savings, reliability and scalability.

"When we considered how we could improve our product offerings and serve our customers more efficiently, the hardware platform choice was critical," explains Leon Ferguson, CIO at AB Watley. "The reliability, scalability and system manageability of Sun's technology allows us to meet our goal of providing the highest quality trading technology and service in the industry at a low cost."

The Sun system migration will consolidate over 200 NT servers to fewer than 20 Sun servers. Steve Katzman, global industry manager of securities and capital markets for Sun Microsystems says the switch will help the broker handle rapidly growing online volumes and support industry advances such as decimalisation and shorter settlement timeframes.

By early July, AB Watley expects to have converted the majority of its users to the new system, with the remaining users scheduled to go online in early September.

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 company news


Related blogs

Create a blog about this story (membership required)
visit www.sibos.comvisit www.temenos.comdownload the paper now

Who is commenting?

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
11159 views comments | 24 tweets | 40 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10475 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9243 views comments | 6 tweets | 3 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
7736 views comments | 5 tweets | 4 linkedin
ING moves into digital wealth management with Scalable CapitalING moves into digital wealth management w...
7514 views comments | 14 tweets | 15 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job