Mexico Analytica and Sasianet Markets Provide Access to On-line, Real-time Financial Services in Untapped Markets With BEA WebLogic Application Server
BEA Provides Proven, Scalable Infrastructure for Internet-based Systems in Mexico and Sri Lanka
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 10, 1998-- BEA Systems, Inc., (Nasdaq:BEAS - news) today announced that SasiaNet Markets in Sri Lanka and Mexico Analytica in Mexico have adopted the BEA WebLogic application server as a key part of their application infrastructure to deliver real-time financial services over the Internet.
SasiaNet Markets and Mexico Analytica both provide comprehensive current and historical financial information on money markets, mutual funds, and financial news in their countries. Both are using Java to deploy information systems today that deliver critical real-time news and analysis to their customers via e-mail or the Internet.
SasiaNet Markets
SasiaNet Markets in Sri Lanka covers the Colombo Stock Exchange, as well as information from the south Asian, and southeast Asian markets and has plans to extend coverage to include stock exchanges in India and South Africa. SasiaNet Markets chose the BEA WebLogic application server for its customer service and portfolio management system, an application that needed to scale to meet future increases in demand. One of the key reasons that SasiaNet Markets chose BEA WebLogic was for its ability to deliver performance while providing low-cost deployment.
''Java helps enable us to leap-frog other technical solutions and lead with one of the most advanced, reliable information technologies available,'' said Erik Wikramanayake, managing director of SasiaNet Markets. ''The BEA WebLogic application server provides us with easy deployment and strong manageability and performance capabilities. BEA's demonstrated expertise in advancing its technology, and its support for standards such as Enterprise JavaBeans (EJB), shows the importance BEA places on helping us use new technologies, protect our development investments, and offer new services to our customers in order to maintain our competitive position.''
SasiaNet Markets is using the BEA WebLogic application server as the gateway between their sophisticated database system and the multiple clients that access the system using a standard Web browser. Client screens are based on WebLogic HTTP servlets, which use preset connection pools. The user interface allows clients to retrieve or update information in HTML, generated by using BEA WebLogic's HTML classes. With BEA providing the platform, SasiaNet Markets' need to implement integrated feeds from various sources was successful with no impact on performance.
Mexico Analytica
Mexico Analytica provides similar services to those of SasiaNet Markets and is one of the only providers of on-line, real-time financial services in Mexico. Mexico Analytica provides financial information on the Bolsa Index, BMV, NYSE, CME, NASDAQ, Dow Jones, and NYMEX-COMEX. Customers access information through a standard Web browser or as a Java stand-alone application. Mexico Analytica chose the BEA WebLogic application server for its support of client-server database access with Java, which works with their existing infrastructure and data sources, including databases, legacy systems, and clients.
''The implementation of the BEA WebLogic application server was made in response to the rapid growth of our systems and services,'' said Francisco Castrillo, senior Java developer of Mexico Analytica. ''BEA met our implementation needs and helps provide high performance and stability. The BEA WebLogic application server handles scalability with caching, pooling, and sharing connections to our multiple databases.''
''It is encouraging to see companies from many different parts of the globe looking for ways to leverage leading-edge technology such as Java to create innovative solutions for their customers,'' commented Paul Ambrose, chief technology officer for the BEA WebXpress division. ''Java and the BEA WebLogic application server provide the solution to their need for secure, mission-critical information dissemination services and can continue to be key components as they continue to develop sophisticated services in the future.''
About SasiaNet Markets
SasiaNet Markets is a division of SasiaNet (Pvt), Ltd., focused on developing state-of-the-art Web-based applications and services to lower information and transaction costs in financial markets. SasiaNet Markets specializes in providing investors and financial services companies in ''smaller'' financial markets with low cost, high quality financial information and transaction services. Additional information on SasiaNet is available at http:// www.sasianet.com or sasianet.lk.
About Mexico Analytica
Mexico Analytica is a flexible, accurate, user-friendly, real-time financial service that can be very useful to individuals and companies interested in launching or expanding their business and investments in this important emerging market and growing economy. Subscribers will see a real-time feed from the BMV (Mexican Stock Exchange) and relevant data from other major sources. Mexico Analytica also gives an ample perspective of macro economic indicators, a live updated news database, the Mexican money market, mutual funds, and Cyberspace portfolio to register a selection of stocks and securities and instantly obtain their real-time value and the return on investment. Additional information on Mexico Analytica is available on the Internet at mexicoanalytica.com.
BEA Systems, Inc.
BEA Systems, Inc., is a leading provider of cross-platform middleware solutions for enterprise applications. BEA's products and services enable mission-critical, distributed applications to work seamlessly in client/server, Internet, and legacy environments. BEA provides transactional, messaging, and distributed object-based software, as well as an industry-leading Java Web application server, for developing and deploying these enterprise applications. The BEA WebLogic application server, developed and supported by BEA's WebXpress division, offers the critical front-end Web component to BEA's end-to-end enterprise middleware solution.
In addition to its broad software product line, BEA provides complete solutions to its customers through its extensive partner network, and a full range of services including consulting, training, and support. BEA is headquartered in San Jose, Calif., and has 50 offices in 24 countries around the globe. The company's common stock trades on the Nasdaq National Market under the symbol ''BEAS.'' Additional information on BEA is available on the Internet at beasys.com.
BEA and WebLogic are registered trademarks of BEA Systems, Inc. Java and Enterprise JavaBeans are trademarks or registered trademarks of Sun Microsystems, Inc., in the United States and other countries. All other company and product names may be trademarks of the company with which they are associated.
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Contact:
BEA Systems, Inc.
Angie Rodriguez, 408/570-8354
angie.rodriguez@beasys.com
OR
Burson-Marsteller
Pamela Sufi, 650/287-4026 |
