CMS Launches Enterprise-Wide BondEdge Solution; Next Generation of Server Technology Solves Difficult Problem for Large Organizations.LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Dec. 7, 1998--Capital Management Sciences, a division of Data Broadcasting Corp. (Nasdaq: DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ), Monday announced the release of a new enterprise-wide version of its BondEdge portfolio analytics software package. Designed for larger institutions, the new BondEdge Enterprise Solution solves an ongoing technical challenge that until now has made sharing portfolio applications across people or geographic locations time-consuming. Using Intranet technology, this new Enterprise Solution enables portfolio information and analytical applications to be made available to BondEdge users within an organization regardless of their location. The BondEdge Enterprise Solution uses a single server as the processing engine. Calculations are performed faster and passed on to the end user's PC. Software support and database maintenance is minimized by having one installation of BondEdge on a central server. "Consolidation among financial institutions continues to alter the landscape of the investment management industry. Ongoing organizational changes often create barriers to operating efficiency," 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. of 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. . "We believe that this technology will greatly enhance the operation of BondEdge within larger institutions and will reduce the amount of support required by individual users." About CMS Founded in 1979, CMS is the recognized leader in fixed income analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. with more than 500 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. Long known for BondEdge, CMS is considered an independent source of research, analytics and valuation tools. CMS is a division of Data Broadcasting, a leading provider of real-time market data, stock quotes, and financial news and information delivered via the Internet. More information on CMS and BondEdge is available at www.cms-info.com. Corporate information on Data Broadcasting is available at www.dbc.com. |
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