CMS Announces Increased Internet Usage by BondEdge Clients; Data Updates, Product Upgrades and Increased Security Coverage Now Internet Accessible.LOS ANGELES--(BUSINESS WIRE)--June 22, 1998--Capital Management Sciences, a division of Data Broadcasting Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ), today announced new Internet See Web 2.0 and Internet2. data delivery for clients of its widely used fixed income portfolio analytics package, BondEdge. The latest version of CMS' software takes advantage of increased Internet delivery to offer clients instant access to data updates, product upgrades and increased security coverage. The new service includes improved access to current and historical mortgage pool data. With the latest release of BondEdge v3.1, institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. clients can access an extended securities database that contains approximately one million fixed and adjustable rate Adjustable rate Applies mainly to convertible securities. Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that prevailing on Treasury bonds or notes. Pool Specific Mortgages. "Electronic delivery of data has greatly simplified the way information is delivered," said Laurie Adami, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at 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. . "Over 40% of our clients use the Internet to access BondEdge database updates as well as product upgrades. There is no faster way than the Internet to distribute huge amounts of information." Mortgage pool data including descriptive and factor information can be retrieved and incorporated into BondEdge's security and portfolio analysis functions. Clients can update and reprice portfolios in their entirety without having to go through a separate download procedure to access the data. The benefits of the Internet are readily apparent to BondEdge clients. Using direct connections to the Internet via T1 or fractional T1 lines, month-end downloads that normally took over two hours to retrieve from the CMS bulletin board system are now completed in 10 minutes. Daily downloads are reduced from 20 minutes to three minutes "Three Minutes" is the 46th episode of Lost. It is the twenty-second episode of the second season. The episode was directed by Stephen Williams, and written by Edward Kitsis and Adam Horowitz. It first aired on May 17, 2006 on ABC. . System upgrades are reduced from over two hours to 10 minutes. Long distance phone charges are eliminated and the likelihood of a successful transmission increases as clients access the Internet using a local phone connection. In addition to mortgage pool data, BondEdge clients can automatically retrieve and refresh data for adjustable rate mortgages and municipal bonds via a high speed Internet connection. About CMS Founded in 1979, CMS is the recognized leader in fixed income analytical software with over 500 institutional investor clients. Long known for BondEdge, CMS is considered an independent source of research, analytics and valuation tools. CMS is a division of Data Broadcasting Corporation (NASDAQ:DBCC), a leading provider of real-time market data, stock quotes, and financial news and information delivered via PCs, wireless FM broadcast, cable, satellite and the Internet. More information on CMS and BondEdge is available at www.cms-info.com. Corporate information on DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. is available at www.dbc.com.
CONTACT: Capital Management Sciences
Lorraine DiBacco, 310/479-9715 ext. 5302
ldibacco@cms.dbc.com
or
Pondel Parsons & Wilkinson
Cecilia A. Wilkinson, 310/207-9300
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion