AXA SLIM Licenses Full Suite of decalog's IDEE Software.BOSTON--(BUSINESS WIRE)--Aug. 31, 1998-- AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Subsidiaries in UK and Paris Consolidate Data for Distributed Database A database physically stored in two or more computer systems. Although geographically dispersed, a distributed database system manages and controls the entire database as a single collection of data. decalog, a leading international supplier of investment management solutions, announced today that it has licensed its full suite of IDEE software products to AXA Sun Life Investment Management (AXA SLIM), the UK asset management arm of AXA Group. AXA Investment Managers, the Paris operation that contracted IDEE in 1997, will consolidate its data with the UK operation for a distributed database, streamlining the reporting process. IDEE will be used to support AXA SLIM's equity and fixed income portfolio managers and traders. AXA SLIM contracted for 100 users for IDEE Manager, IDEE Trader, IDEE Compliance, and IDEE Performance. They are the UK's fifth largest life assurance company asset manager measured by funds under management. AXA SLIM manages investments in excess of $58 billion, principally for AXA Group UK companies. "We came to the same conclusion as our partners at AXA Investment Managers in Paris did last year: that IDEE is a superior product," says AXA SLIM Systems Delivery Manager Rob Sutherland. "We can easily fold our long term vision into our existing systems because IDEE is functionally rich and its architecture is flexible. The physical database is in Paris, so within that database we will start to consolidate the positions and holdings of all the AXA Investment Managers companies." "We are excited to have been chosen as the strategic partner of AXA SLIM in implementing their global asset management solution," comments Thierry Aiglon, Vice-President for International Operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. at decalog. "The scope of the project, including the installation of a central database to consolidate their data with AXA Investment Managers in Paris, demonstrates the ability of IDEE to support a true distributed organization -- a major industry trend that investment management companies are facing today." About decalog decalog, a subsidiary of Oshap Technologies Ltd., is a leading provider of front- and middle-office software products for straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. of investment management activities at global asset management firms This is a list of corporations that provide financial asset management.
IDEE covers a complete range of investment instruments, including equities, bonds, options, futures, swaps, repos and money market instruments Money market instruments See: Cash investments , as well as stock lending and borrowing. It supports fund managers in modeling and re-balancing funds, automatic order generation and compliance. The product line includes a complete trading product as well as a real-time performance measurement and attribution product. IDEE uses relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. technology and operates under UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). or Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. .
CONTACT: decalog, Inc.
Vivian Shpigler, 212/297-6223
vivian@decalog.com
or
River Communications
Zoe Sochor/Francine Vassallo, 914/591-5599
zsochor@riverinc.com
fvassallo@riverinc.com
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