Abel/Noser to Use Beast Financial's Framework Container as a Development Platform for Proprietary Technology.Business Editors & Technology Writers NEW YORK--(BUSINESS WIRE)--Jan. 13, 2003 Abel/Noser chooses Beast Financial for their stable architecture and development-friendly environment Beast Financial Systems announced today it has licensed its Framework technology to Abel/Noser Corp, a leading institutional brokerage firm based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The Framework technology is a horizontal infrastructure for real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. application development and distribution. Beast Financial offers a Software Developers Kit (SDK (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). ) for business logic development and third party integration. Under the license agreement, Abel/Noser will use the Framework as a platform for building their proprietary analytics and order management system. "Because of our unique, proprietary technology, we needed a non-threatening development environment. Beast Financial Systems' years of experience and flexible architecture was the clear choice," stated James Noser, vice president of Abel/Noser Corp. Abel/Noser is currently planning on using the technology in-house. The Framework's thin-client technology will make it both economically and logistically feasible when Abel/Noser wants to eventually distribute it to their clients. About Beast Financial Systems Beast Financial Systems is a leader of real-time information delivery over the Internet, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. , or WAN. Its Framework technology provides an open, scalable, content-agnostic application platform that connects to multiple liquidity pools and supports front-office trading over any network. Firms can use the Framework technology-based solutions to push real-time streaming market data, analytics, and custom trading applications to both internal users' and external customers' desktops. Beast Financial Systems newest solution is the Equity Trading In finance, equity trading is the buying and selling of company stock shares. Shares in large publicly-traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange, London Stock Exchange or Tokyo Stock Exchange, which serve as System (ETS ETS Educational Testing Service (nonprofit private educational testing and measurement organization) ETS Emergency Telecommunications Service ETS Electronic Trading System ETS Engineering (&) Technical Services ), which uses the Framework's thin-client technology. For more information, visit www.beastfinancial.com. About Abel/Noser, Corp. Abel/Noser, Corp. founded in 1975 by Stanley S Stanley, town (1991 pop. 1,557), capital of the Falkland Islands, S Atlantic Ocean, on East Falkland island. It is the main port and trading center of the islands. The name is sometimes written as Port Stanley. . Abel and Eugene A. Noser, Jr., Abel/Noser Corp. is an agency-only broker with memberships on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other leading exchanges. Abel/Noser has long been respected as a leader in the campaign to lower the costs associated with trading. To that end, Abel/Noser provides a range of effective tools and services for institutional sponsors and investments managers. Abel/Noser provides Transaction Cost Analysis in conjunction with other services that help their clients achieve savings. For more information, visit www.abelnoser.com |
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