 |
Platform Computing and QuIC Financial Technologies Introduce Integrated Solution to Accelerate Risk Management and Analytics Applications New York, NY and Vancouver, BC, November 20, 2006 - Platform Computing and QuIC Financial Technologies Inc., a global solutions provider of risk management, pricing and financial analytics solutions, today announced an integrated solution that combines the QuIC Product Suite™ with Platform Symphony. As financial institutions are faced with the challenge of performing risk simulations and analytics at an ever increasing pace, this integration will empower customers to execute tasks in real-time, leveraging the compute power of their distributed hardware resources. The flexibility of the QuIC Product Suite applications and the agile nature of Platform Symphony combine to lower the total cost of computing by providing reliable access to data on demand and the compute resources needed to execute the sophisticated computation and analysis frequently required throughout the business day. Platform Symphony is enterprise grid software that virtualizes and distributes your application services to create a shared, scalable and reliable infrastructure. The software enables customers to solve mission critical pricing and risk problems in real time, delivering unsurpassed performance and competitive advantage. Built on Platform EGO, Symphony allows users to build, test, grid-enable, and manage application services on a highly fault-tolerant, shared, scaled-out infrastructure. The QuIC Product Suite features an exceptionally fast vector based calculation & simulation platform for pricing, risk management and financial analytics. Built with fully open technology, the QuIC Product Suite integrates easily with in-house and partner systems and provides a shared calculation fabric that can be leveraged throughout an organisation. “Combining the speed and precision of the QuIC Product Suite with the capabilities of Platform Symphony allows our customers greater infrastructure agility and quicker response times,” said Justin Forrest, Vice President of Business Development at QuIC. “By collaborating with key industry partners like Platform QuIC is able to further enhance the solutions we provide to our customers; solutions they need to excel in their day-to-day business.” “The success of Platform Symphony is enhanced by our ability to develop integrated solutions that improve the performance, competitiveness and profitability of our customers,” said Jim Johnson, Vice President, Marketing of Platform Computing. “This integration with QuIC will help financial institutions accelerate their applications, increase their competitiveness and generate revenue faster.” About Platform Platform Computing is the leading systems infrastructure software company that accelerates applications and delivers IT agility for increased business performance and reduced cost. Founded in 1992, Platform is a pioneer in HPC, Cluster and Grid Computing technologies. Platform has over 2000 global customers and strategic relationships with Dell™, HP, IBM® , Intel®, Microsoft®, Novell®, Red Hat® and SAS®, along with the industry's broadest support for third-party applications. For more information please visit www.platform.com. About QuIC QuIC is a global solutions provider for risk management, pricing and financial analytics. The QuIC Platform™ provides speed, accuracy and flexibility for pricing and risk calculations regardless of volume or complexity. QuIC technology delivers scalable, dynamically extensible and user-customizable solutions, by creating a seamless calculation fabric available to multiple recipients throughout the enterprise. The QuIC Product Suite™ easily integrates with in-house, partner and third-party applications & systems and operates in diverse environments, from a single laptop to large distributed grids. For more information please visit www.quic.com. For press information contact: QuIC US/Canada: Derek Shorkey MacLaren McCann +1 604 601 8579 press@quic.com « Back to 2006 News |
|
 |
  |
|
|
|
