The Stratus ftServer line of fault-tolerant servers has been chosen for three new services:

• PRIZM Payments is building a nationwide payment infrastructure for financial institutions, retailers and service providers. Its Windows-based ATM and credit card payments solution will run on Stratus' mid-range quad-core server.
• The Tea Board of India will soon be inaugurating the nation's first Internet-based electronic tea auction in Kolkata. Five Stratus ftServer systems will support NSEIT's Windows-based auction application, which is intended to enhance market access, fair price discovery and liquidity for all participants in the tea market.
• MCX is a nationwide electronic multi-commodity futures exchange set up by Financial Technologies to facilitate online trading, clearing and settlement operations for futures markets across India. Using high-end ftServer quad-core systems, MCX can offer superior service availability to market participants.

"India is a rapidly developing economy because it sees its future clearly and has the conviction to do what is needed today to realize that vision," said Freeman Nung, Stratus vice president, Asia/Pacific Region. "India is certainly among the leading nations to aggressively invest in electronic trading and financial services, and has been for more than a decade. It shows no signs of slowing down."

Always a key market for application availability and network resiliency, the financial services industry is Stratus' largest served market. India's largest stock exchange, The National Stock Exchange of India, has been a Stratus customer since its inception in 1994.