Central Bank of Greece Selects FAME to Create Platform For Enterprise-Wide Research-Information System.Business Editors NEW YORK--(BUSINESS WIRE)--March 16, 2000 FAME's Consulting Division to Develop New System's Requirements FAME Information Services See Information Systems. , Inc., a global leader in delivering information-management and decision-support solutions to the financial and energy markets, announced today that FAME software has been selected by the Central Bank of Greece This article is about the central bank of Greece. For the largest commercial bank in Greece, see National Bank of Greece. The Bank of Greece (Greek: "Τράπεζα της Ελλάδος") as the platform for a new, enterprise-wide, research-information system. The three-year agreement will bring FAME's platform solution to 130 desktops throughout the bank. FAME's consulting division will also be developing the new system's requirements. Responsible for implementing Greece's monetary policy, the Central Bank relies on access to accurate, well-organized data combined with thorough research as the basis for making sound policy decisions. The orderly, intelligent management of this financial information is critical to the bank's mission and operation. By restructuring information management and distribution throughout the bank, FAME's new system is to provide sophisticated, state-of-the-art, time-intelligent tools for more precise analysis and presentation. Currently, information is dispersed among various spreadsheets, a relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. and application software. Upon completion, the integrated FAME research system, which is to be comprised of data organization, management, analysis, presentation and distribution all over a single, standardized platform, will speed the flow of information within and across departmental functions and externally through both electronic and print formats. The bank will also utilize FAME to exchange information with the European Central Bank European Central Bank (ECB) Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, . "At FAME, we're pleased to have been chosen by the Central Bank of Greece to assist them in redesigning their research information and distribution system," said Richard Wallach Richard Wallach (1816-1881) was an American politician who served as the first Republican Mayor of Washington, D.C. Wallach was born in Alexandria, Virginia in 1816, and grew up in Washington City where his father was a successful attorney. , recently promoted to vice president, public sector at FAME. "We're looking forward to bringing to Athens all the depth and breadth of our 18 years' experience gained from serving and supporting research departments at more than 45 public sector institutions throughout the world." Currently, FAME serves 70% of the world's largest central banks This is a list of central banks. Contents A B C D E F G H I J K L M N O P Q R S T U V W Y Z , international organizations and statistical agencies, including the US Federal Reserve, Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. and most of the central banks of Europe. About FAME Since 1982, FAME Information Services, Inc. (www.fame.com) has been the leading time-series database and information provider in the financial services industry. According to 1999 rankings reported in 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. magazine, FAME serves 90% of the top global investment banks, 80% of the top US fund managers and 70% of the world's largest central banks, international organizations and statistical agencies. In 1999, FAME introduced TimeIQ, a time-intelligent Java interface to FAME and non-FAME databases, and the foundation of Open Fame, which addresses enterprise-wide information integration requirements. Through its Saladin energy market division, FAME is the leading player in desktop decision support for energy firms worldwide, and the leading energy market education provider in the US through its Princeton Energy Programme unit. With over 350 customers in 40 countries, FAME employs 320 professionals at 15 locations worldwide, with corporate headquarters in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion