Source: Wall Street Systems
Wall Street Systems today announced that release 4.1 of The Wall Street System treasury and capital markets solution now supports Sun Microsystems' Solaris 10 Operating System (OS) running on SPARC processor-based Sun systems.
The initiative marks Wall Street Systems' ongoing commitment to providing its clients with advanced trading and risk management technologies using the latest operating systems and platforms available in the market.
Mike Thrower, marketing director at Wall Street Systems said: "We recognize that our clients are under increasing pressure to reduce the complexity of their IT infrastructures, while improving efficiency and lowering operating costs. The Solaris 10 OS has fast become the industry benchmark and we are pleased to enable our clients to take advantage of the innovations of the deployment platform. Our long-standing relationship with Sun, developed over many years, will enable Wall Street Systems to continue to deliver best-of-breed technology solutions, meeting the needs of our clients today and in the future."
The award-winning Solaris 10 OS has set the standard for the next-generation of operating systems with major breakthroughs in features, functionality and performance. Sun has built advanced, innovative technologies into the new Solaris 10 OS, providing fast, operationally resilient performance that can help financial services organizations address their key business and IT infrastructure issues. Applications can run up to 30 times faster and web server performance is more than 40 percent faster than competing systems.
Nigel Woodward, global manager, Capital Markets & Securities, Sun Microsystems, said: "We are delighted that The Wall Street System is now available on Solaris 10. In our view, Wall Street Systems is established as a market leader in risk systems which manage transactions across the lifecycle – front, middle and back office. The scale, resilience and performance of Solaris 10 will match the impressive broad spectrum of capability that Wall Street Systems now covers: market, credit, operational risk and STP functions."