Bang Networks Partners With Traiana to Extend Bank and Broker/Dealer Solutions; Selection and Strategic Alliance Validates Strength of Bang Networks Offering.Business & Technology Editors NEW YORK--(BUSINESS WIRE)--Nov. 12, 2002 Bang Networks and Traiana today announced that Bang's intelligent information messaging platform -- the Bang Networks Axon axon: see nervous system; synapse. (TM) -- has been selected to enhance Traiana's ARCH(TM) enterprise software solution for bank and broker / dealer's sales and trading operations. The selection and alliance further enables the partners to provide solutions that satisfy the full range of business requirements in the complete trading and client servicing lifecycle. By incorporating the Bang Networks Axon, Traiana can offer its institutional clients enhanced 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. capabilities and improved ease of operation when integrating internal systems, external client systems, exchanges, ECNs and clearing houses. The Bang Networks Axon provides an integrated, intelligent messaging An earlier messaging system from Banyan Systems that ran on NetWare and VINES servers and incorporated Banyan's popular Streettalk directory service. It included a basic mail program, which could be upgraded to the more advanced BeyondMail system. See ePresence. platform that supports the full range of information messaging, routing and transformation requirements across disparate networks and endpoints. "Our mission at Traiana is to improve the service level efficiency, security and scalability of sales and trading operations for capital market's players," said Robert Rodriguez, vice president of product management and corporate development, Traiana Inc. "By combining Traiana's ARCH(TM) enterprise software solution with Bang's market leading messaging infrastructure, Traiana's ARCH(TM) solutions can extend even richer functionality and increase automation across all products in sales and trading operations world." By partnering with Traiana, Bang Networks can offer enhanced solution sets to the bank and broker / dealer community. "Bang Networks is committed to providing both the technology and solutions to assist its customers with their overall product requirements across the entire trade lifecycle," said Stephen Epstein Stephen E. Epstein, M.D, is a physician. Formerly Chief of the Cardiology Branch of the National Heart, Lung and Blood Institute of the National Institutes of Health in Bethesda, Maryland for over 30 years, became Director of Vascular Biology Research at the Cardiovascular Research , director, business development, Bang Networks. "Traiana's selection of the Bang Networks Axon not only validates the strength of the Bang Networks product, but enhances Bang's partnership team with one of the most innovative software providers in today's capital markets." About Traiana Traiana, Inc. provides banks, broker/dealers and futures commission merchants Futures commission merchant (FCM) A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any with software solutions targeted at sales and trading operations. Traiana provides these solutions through its scalable and flexible software platform, Traiana ARCH(TM). Traiana's cross-product, dealer-client focus distinguishes it from the silo-specific trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. that are widely used by the dealing community. Traiana was founded in 2000 and is headquartered in Menlo Park, California Menlo Park is a city in San Mateo County, California in the United States of America. It is located at latitude 37°29' North, longitude 122°9' East. Menlo Park had 30,785 inhabitants as of the 2000 U.S. Census. . For more information visit the Traiana web site at www.traiana.com. About Bang Networks Bang Networks provides the next-generation, intelligent information messaging platform that enables customers to significantly reduce the technology costs of sharing information across the enterprise and to external partners and customers. Bang Networks has offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and 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 . For more information, visit the company website at: www.bangnetworks.com. |
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