CRYS factoid of the day (and, yep, it's all right there on
their internet site<http://www.cry-sys.com/>).
I addition to be a leading LINUX play with its recent
acquisition, CRYS products are well-positioned to tap
large worldwide market demands. I suspect the
worldwide demand for the following product by
financial institutions, pension funds, etc. is likely
staggering:
C-DECIMAL -- Crystal's solution for converting
applications to reflect the change in U.S. Stock Prices
from Dollars and Fractions of Dollars, to Dollars and
Cents.
WHAT IS DECIMALIZATION ?
Decimalization is the conversion of all securities
industry systems from fractions of dollars to decimal
pricing. It is a complicated process with major impact
on
software systems. Wherever a system currently
compiles, stores, or displays fractional pricing, both the
code and the data must be changed to accommodate
decimal pricing. Furthermore, attention must be given
to other consequences such as the anticipated increase
in traffic, the need for expansion of money
amount fields, and the recommended increase of
decimal positions in calculations and statistics.
THE DEADLINE APPROACHES !
As the SEC deadline is approaching, IT managers are
seeking a low-risk, cost effective way to successfully
meet this decimalization requirement. This
challenge for the affected enterprises poses an
additional one-time effort over and above their daily
operations. No matter what platform or operating
systems
exist within an enterprise, the organizational challenge is
there.
THE PROVEN SOLUTION
C-DECIMAL has been developed based on Crystal's
proven conversion technology and methodology that
has been successfully used to convert financial and
accounting systems at blue-chip companies such as
Ford Motor Company.
WHAT IS C-DECIMAL?
C-DECIMAL is a software tool and methodology
created by Crystal Systems Solutions for modifying
existing securities-related applications to deal with price
information in decimals rather than in fractions. This
includes the expansion of data fields, increasing the
number of decimal positions, performing the resulting
logical changes and converting the data. It also deals
with the impacts and consequences of these changes on
other aspects of the application's operation.
C-DECIMAL can handle a variety of environments
including most of the common platforms, operating
systems and Databases.
C-DECIMAL contains proprietary software that:
facilitates automatic IDENTIFICATION of programs
and files, and the fields and logic within them that are
impacted by the decimal conversion
REMEDIATES the application
prepares data to assist in VALIDATION and testing .
WHY C-DECIMAL?
C-DECIMAL is a conversion tool and methodology that
offers a comprehensive solution for all aspects and
phases of decimalization. The combination of
technology, conversion methodology and experience of
Crystal's professional team provides clients with the
optimal solution to meet the decimalization
challenge. For further information contact us at Crystal
at info@cry-sys.com |
