Sybase (NYSE:SY)
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Sybase, Inc. (NYSE:SY), the largest enterprise software and services
company exclusively focused on managing and mobilizing information,
today announced the launch of RAP –
The Trading Edition™, a next–generation
market analytics platform that
lets capital markets firms make better trading, risk and portfolio
decisions with less risk through timelier, more comprehensive market
insight. Designed specifically for high-volume, high-velocity trading
environments, RAP – The Trading Edition
accelerates varying analytics requirements for all asset classes in a
single platform.
RAP – The
Trading Edition enables capital markets firms to capture and
consolidate high volumes of market data feeds by efficiently storing
multiple years of trade and other data in real time—compressing
stored data by up to 70% and capable of storing up to terabytes of data—while
delivering 10 to 100 times faster analytics performance than traditional
data management platforms.
“The risk analytics market has barely been
tapped. There’s a huge growth opportunity to
be seized for vendors providing innovative offerings to optimize
performance,” said Tom Price, Senior Analyst
at TowerGroup. “Wall Street is hurting and
they need to look at solutions that will provide them with better
efficiencies in their trade lifecycles.”
Leading financial services institutions, such as Mitsubishi UFJ
Securities International plc (MUSI), have already adopted RAP
– The Trading Edition, the first
commercially available solution for addressing combined analytics
requirements.
“As an early adopter of RAP –
The Trading Edition, our trading desk has been able to be more
responsive to market opportunities through faster, more complete
analysis of market data, both historical and real-time feeds,”
said Jason Ross, director, Rates Trading Group at MUSI. “We
were pleasantly surprised at the performance speed, and found we need
only half the storage capacity to store the same amount of data.”
Other key beneficiaries of the solution include quantitative analysts,
risk managers, and compliance officers. Analysts can run powerful
quantitative models against years’ worth of
time-series market data, trading histories, and reference data, with
complex analysis running in minutes vs. hours; risk managers can monitor
balance sheet exposure hourly to reduce firm-wide risk; and compliance
officers can audit the trade flow to meet the latest market compliance
requirements.
“RAP – The Trading
Edition is the only integrated solution today with the ability to absorb
streaming market data feeds and consolidate these with vast stores of
historical data for common shared access and analysis. We offer an
enterprise-class platform that can offer a single source of data to the
entire trade life cycle, from quantitative analysis, through pre-trade
pricing, to market risk analysis
and compliance,” said Dr. Raj Nathan, Chief
Marketing Officer at Sybase. “In today’s
unforgiving market environment, financial services firms need
best-in-class, bullet-proof solutions that afford instantaneous
throughput with no down-time. Sybase® RAP –
The Trading Edition is very robust, having a built-in administrative
console and dependable business continuity/disaster recovery solutions
to protect against system failures.”
For more information on RAP –
The Trading Edition, please visit: www.sybase.com/RAP
About Sybase, Inc.
Sybase is the largest enterprise software and services company
exclusively focused on managing and mobilizing information. With our
global solutions, enterprises can extend their information securely and
make it useful for people anywhere using any device. The world's most
critical data in commerce, communications, finance, and government runs
on Sybase. For more information, visit http://www.sybase.com.
Sybase and RAP – The Trading Edition are
trademarks or registered trademarks of Sybase, Inc. All other company
and product names mentioned may be trademarks of the respective
companies with which they are associated.
Special Note: Statements concerning Sybase’s
future growth, prospects and new product releases are, by nature,
forward-looking statements that involve a number of uncertainties and
risks, and cannot be guaranteed. The words “anticipate,”
“believe,” “estimate,”
“expect,” “intend,”
“will” and similar
expressions relating to Sybase and its management may identify
forward-looking statements. Such statements are intended to reflect
Sybase’s current views with respect to future
events and may ultimately prove to be incorrect or false. Factors that
could cause actual events or results to differ materially include shifts
in customer demand, rapid technology changes, competitive factors and
unanticipated delays in scheduled product availability. These and other
risks are detailed from time to time in Sybase’s
Securities and Exchange Commission filings, including, but not limited
to, its annual report on Form 10-K and its quarterly reports on Form
10-Q (copies of which can be viewed on Sybase’s
Web site).