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Bremer Associates and PowerShare Announce Strategic Technology Partnership.


Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--April 3, 2001

Joint Solution Unlocks a Unique Order Routing Solution For

Securities Industry Marketplace

Bremer Bremer may refer to:

People:
  • Arthur Bremer (born 1950), American would-be assassin
  • Chris-Carol Bremer, former German Olympic swimmer
  • Dick Bremer, American sports broadcaster
  • Frederick Bremer (1872-1941), English inventor and engineer
 Associates, Inc., a leader in data transformation and application integration and PowerShare, Inc. a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company focusing on global trading and asset management solutions, today have signed a technology partnership agreement. Under the terms of the agreement PowerShare will deploy Bremer Associate's DIGMAS(R) data transformation engine with PowerShare's Global Order Routing Gateway(TM) solution. The integration of these two products will result in an advanced order routing solution for the securities industry, which seamlessly integrates back office and front office operations.

"The combination of Bremer's DIGMAS data transformation engine and PowerShare's Order Routing solution will allow brokers and institutions to operate with multiple exchanges, multiple brokers, or other destinations while dramatically accelerating their order routing capabilities," said Shubhro Sen, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of PowerShare, Inc. "By developing the solution with the DIGMAS platform, we will give our customers an advanced order routing solution that will truly surpass the solutions available today. Our Order Routing Gateway will let you track and monitor orders and trades in real-time--on your desktop."

"We are excited that PowerShare has selected our technology as an integral component of their order routing solution," said Maurice Rodrigue President and CEO of Bremer Associates. "PowerShare will be bringing to market a unique solution that will exceed the demanding requirements imposed by straight through processing-- a must have for anyone in the securities industry marketplace."

About PowerShare's Global Routing Gateway Solution

PowerShare's Global Routing Gateway provides reliable, versatile order routing services. The system is part of PowerShare's integrated product suite and can run as a standalone stand·a·lone  
adj.
Self-contained and usually independently operating: a standalone computer terminal. 
 module outside the PowerShare environment. PowerShare can also customize the Global Routing Gateway within the customer's environments, providing them with global connectivity, and access to potentially vast sources of liquidity.

The PowerShare Global Routing Gateway sends and receives FIX and CMS (1) See content management system and color management system.

(2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system.
 messages, consistent with industry standard protocols, yet can be easily extended to any exchange protocol using DIGMAS. It monitors the overall status and health of the exchange connections and the status of any order, allowing operators to handle trade exceptions proactively.

About Bremer's DIGMAS Solution

Bremer's DIGMAS (Dynamic Information Gateway Management System) is a next-generation middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a  solution that delivers data interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other.  without having to write a single line of programming code or make changes to existing systems. It is a uniquely robust and cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
 approach for maximizing the use of information in the enterprise.

About PowerShare

Founded in January 2000 and with offices in Boston, Bangalore and Berlin, PowerShare is a rapidly growing global company powered by deep technology capabilities. PowerShare's mission is to enable any local and regional financial institutions the same level of capabilities and service as the world's top tier players. PowerShare is focused on serving the institutional investment community worldwide. PowerShare's primary offerings are targeted at asset management firms This is a list of corporations that provide financial asset management.
  • Abernathy Group
  • ABN AMRO Asset Management
  • Acadian Asset Management
  • AllianceBernstein
  • Ameriprise Financial, Inc.
 as well as the brokers and custodians
For more meanings of this word. Please see Custodian.


The Custodians is terminology in the Bahá'í Faith, which refers to nine Hands of the Cause assigned specifically to work at the Bahá'í World Centre in attendance to the Guardian of the Faith.
 who serve them. To learn more about PowerShare's products and services visit our website at www.powershare.net or call 508. 870.5700.

About Bremer Associates

Bremer Associates, Inc. develops and markets systems integration and data transformation software modeling products for the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 and financial markets. Bremer's solutions integrate, translate, and validate To prove something to be sound or logical. Also to certify conformance to a standard. Contrast with "verify," which means to prove something to be correct.

For example, data entry validity checking determines whether the data make sense (numbers fall within a range, numeric data
 message interfaces, database interfaces, applications, and APIs. Bremer's metadata-driven software is easy to use and provides fast and efficient prototyping, implementation, and change management. For more information about Bremer Associates and our services call (617) 965-4460 or visit Bremer's web site at www.bremer-inc.com.

Copyright (c) 2001 Bremer Associates Inc. DIGMAS(R) is a registered trademark of Bremer Associates, Inc. All other product names mentioned are trademarks of their respective companies.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 3, 2001
Words:616
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