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Technology Stocks : Business Intelligence & OLAP

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To: Carl R. who wrote (16)2/13/2001 4:06:27 PM
From: Thomas DeGagne   of 144
 
Informix Software Unveils Financial Foundation Bundle
Informix Software the First to Offer Real-Time Analytical Solutions for Time-Stamped Financial Data

biz.yahoo.com


MENLO PARK, Calif.--(BUSINESS WIRE)--Feb. 13, 2001--Informix® Software, the database company(TM), an independent operating company of Informix Corporation (Nasdaq:IFMX - news), announced the release of Informix Financial Foundation, an analytical database solution developed exclusively for capital markets, which will be unveiled today at the Global Association of Risk Professionals (GARP) trade show in New York City.

With the introduction of Financial Foundation, Informix Software is the first database vendor to offer efficient, robust analysis of massive amounts of complex financial time-stamped data -- such as stock transactions -- in real time.

In internal tests, Financial Foundation demonstrated the capacity to load and analyze up to 25,000 stock ticks per second in real time, processing power that will allow financial analysts to react to market trends as they are developing instead of having to wait until after the market has closed.

Financial Foundation achieves its groundbreaking performance by harnessing the strengths of Informix Dynamic Server(TM) (IDS), a high performance online transaction processing (OLTP) engine and content management platform. Bundled with a powerful assortment of datablades, software modules that add customized functionality and processing capabilities directly to the database, IDS enables users to efficiently store, retrieve, update, and manipulate large volumes of complex time-stamped data.

``The financial and investment community has long been a strategic marketplace for Informix Software,'' said Brian Staff, vice president of marketing, Informix Software. ``With the introduction of Financial Foundation, Informix Software is responding to our customers' needs for a more robust and focused database solution for real-time loading and analysis of time sensitive data,'' he said.

Financial Foundation is comprised of IDS bundled with the Time Series datablade, the Time Series Real-Time Loader and the Numerical Algorithm Group (NAG) datablade, and will soon be available worldwide
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