New algo trading tool from tech vendor trio

NEWS

Released last week, the system uses Portware's Strategy Server, IBM System p entry-level servers and Random Walk's consulting and integration services. It was designed for financial organisations to manage the growth in market data, regulatory pressures and increasingly competitive markets where computing-intensive analytics and transaction processing are critical, said the firms.

Kevin Pleiter, IBM global infrastructure solutions salesman, said Portware on Power complements the Optimised

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