Behind the Market's Swings: Technology at Work Assuring Internet Market Access; Market Leaders Assure Customer Transactions with HydraWEB's Technology.NEW YORK--(BUSINESS WIRE)--Sept. 21, 1998--With the market careening The careening of a sailing vessel is laying her up on a calm beach at high tide in order to expose one side or another of the ship's hull for maintenance below the water line when the tide goes out. and experts unable to predict its ups and downs ups and downs pl.n. Alternating periods of good and bad fortune or spirits. ups and downs Noun, pl alternating periods of good and bad luck or high and low spirits , a key technology, application-aware load balancing The fine tuning of a computer system, network or disk subsystem in order to more evenly distribute the data and/or processing across available resources. For example, in clustering, load balancing might distribute the incoming transactions evenly to all servers, or it might redirect them from HydraWEB Technologies, Inc., assures investors' transactions on the Internet, as well as constant access to market data information. When the market is volatile, it creates a volatile underlying computer transaction load. 80% of the Fortune 500 Securities Industry Companies and other Industry giants, including Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. , Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. , Morgan Stanley Application-aware load balancing network infrastructure devices from HydraWEB route user requests for information automatically to the server that is most available to handle that particular request. This improves overall system reliability and access to information, which leads to higher levels of customer satisfaction and productivity, even during periods of extreme market swings. HydraWEB's application-aware balancing capability understands the application's availability to handle requests; if a problem in a server were to occur, the technology routes requests around those servers and applications to continue to assure smooth customer transactions. "Load balancing from HydraWEB gives us confidence that our site will be available for customers to trade whenever they need it," said Suresh Kumar, 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. at DLJdirect. "During the market swings, we experienced an over 100% increase in the number of trades executed through DLJdirect. Having dependable technology like HydraWEB lets us breathe easier when we hit those peak periods." In addition to the Securities Industry, 75% of the market data providers as well as many major on-line publishers also depend on HydraWEB's load balancing technology. On a daily basis, HydraWEB assures the delivery of market data from companies like Reuters and Bridge Information Systems to brokers and analysts who depend on that information for making timely market decisions for both individual and institutional investors. The Wall Street Journal Interactive Edition, owned by Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance & Company, uses HydraWEB in its on-line publishing operations. On August 31st and September 1st, when market volatility caused dramatic highs and lows, requests for market news, quotes, and portfolio checks drove usage up, increasing the number of subscribers visiting the site by nearly 25%. "Even with an almost double increase in hits, HydraWEB's load balancing technology helped keep our site available to our subscribers," said Tom Baker, General Manager for the Wall Street Journal Interactive Edition. "During a worrisome time for our subscribers, we were able to provide them the constant information they needed." Adds SmartMoney Interactive's Technical Director, Jonathan Bellack, "By accurately distributing traffic across each of our Web servers, HydraWEB's load-balancing agents insure that our site responds at its best, even when the traffic doubled during the recent major market correction Market correction A relatively short-term drop in stock market prices, generally viewed as bringing overpriced stocks back to a level closer to companies' actual values. ." SmartMoney Interactive is an initiative of SmartMoney Magazine, a joint venture of Dow Jones and Hearst Corp. About HydraWEB Technologies, Inc. HydraWEB Technologies, Inc. is the pioneer and leading provider of application-aware, load-balancing technology. With reliable information availability as its goal, this unique technology extends standard TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. and UDP/IP Refers to the use of UDP packets over IP. UDP does not guarantee reliable delivery, whereas TCP does. See UDP. load balancing to provide the ultimate load balancing support for server environments. Enabled by Hydra Intelligent Agent Technology, application-aware load balancing has the advantage of insight into application availability as well as server software and machine resource performance. This combined insight allows granular load balancing control that maximizes overall system-level performance. Located in the heart of New York's financial district, HydraWEB provides load balancing solutions to 80% of the Fortune 500 Securities Industry companies and 75% of the major Market Data Distribution providers. HydraWEB Technologies, Inc. can be reached at http://www.hydraweb.com or at 1-212-809-5900. HydraWEB is a trademark of HydraWEB Technologies, Inc. All other products and services found in this document are identified by the trademarks or service marks of their respective companies or organizations. |
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