Amdahl Keeps A Global $670-Billion-A-Day Marketplace Booming For The Chicago Mercantile Exchange.SUNNYVALE, Calif.--(BUSINESS WIRE)--July 20, 1999-- - Bill Jenks, Executive VP & CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for the CME CME See: Chicago Mercantile Exchange CME See Chicago Mercantile Exchange (CME). says, "Amdahl offered the best technical solution and had the most competitive price." - Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs Krettler, Manager of Technical Support for the CME says, "From a strategic point of view Amdahl positions us to react quickly to the market." Amdahl Global Solutions, a division of Amdahl Corporation (company) Amdahl Corporation - A US computer manufacturer. Amdahl is a major supplier of large mainframes, UNIX and Open Systems software and servers, data storage subsystems, data communications products, applications development software, and a variety of educational and , today announced that the Chicago Mercantile Exchange Chicago Mercantile Exchange (CME) Chicago Mercantile Exchange (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. (CME), a world-leading financial exchange, is using Amdahl Millennium(TM) S/390-compatible servers to support the exchanges IT demands in a time of dramatic growth. Since 1996, the CME has increased from an average 15,000 financial instruments traded daily, to 33,000 daily instruments in mid 1999 and at the same time has experienced steady market volume increases. During a time of rapid growth and evolving applications, including e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. , the CME depends on Amdahl technology and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to meet these heightened IT demands through increased performance and capacity, and an overall reduction in costs. "Reliability and performance are the most important criteria, and the CME strives to deliver the best level of support available for our client firms," said Bill Jenks, Executive Vice President and CIO for the Chicago Mercantile Exchange. "To do that, we needed the best technical solutions. Amdahl offered the best technical solution and just happened to have the most competitive price as well." The CME utilizes Amdahl's Millennium servers and support services to clear all trades each day in order to open the following morning. The CME maintains an infrastructure capable of managing more than $1.3 billion in funds transferred overnight to Chicago banks. In addition, Amdahl's Millennium servers provide the CME with key capabilities that are essential for their support for the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. Euro. As a result, Amdahl's technology and superior services furnish fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. the CME with a solution that manages mission-critical data and evolving applications in electronic and pit trading, allowing the exchange to perform at the high levels necessary to maintain a competitive advantage. "Amdahl provides its customers with solutions that produce real business benefits," said Alan Bell, Group President of Amdahl Global Solutions. "The CME is yet another instance of our innovative systems and services constituting a complete solution, enabling our customers to meet their most critical business demands. Through delivering high-performance systems that are feature-rich with capabilities, we ensure that our customers gain competitive advantage in the face of challenging business issues, such as e-commerce and the Euro." About Amdahl Global Solutions: http://www.amdahl.com About Amdahl Corporation: http://www.amdahl.com For the Year 2000 compliance status of this offering or any other Amdahl offering, visit the Amdahl Year 2000 Web site at: www.amdahl.com/y2k Amdahl is a registered trademark and Millennium is a trademark of Amdahl Corporation. S/390 is registered trademark of International Business Machines Corporation. All other trademarks and product names are the property of their respective owners. NOTE TO EDITORS: Amdahl news releases are available on the Internet at www.amdahl.com, the Amdahl Corporation homepage. The Amdahl site provides current, in-depth information on Amdahl offerings and solutions for enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. . |
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