Credit Suisse First Boston Implements AppStream to Power Its Web Based Trading Platform.Business Editors/High-Tech Writers PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Feb. 28, 2002 AppStream, Inc. (www.appstream.com), an application deployment and management technology leader, today announced that Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. (www.csfb.com) has deployed AppStream's patented deployment server technology to significantly accelerate and simplify the management of PrimeTrade, CSFB's Web-based electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. platform. With this move, AppStream will enable CSFB to drastically improve time-to-trading for its client-base, to add mission-critical features to its award-winning trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. and to scale the client-base with absolutely no re-engineering. PrimeTrade, the Internet-based, real-time, global trading system accessed by 3,000 globally dispersed customers and 481 internal traders, provides direct access to the world's exchanges for an unrivalled range of listed and OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). products, Foreign Exchange and Bonds. By automatically and transparently managing updates, AppStream's infrastructure software technology reduces application launch times and minimizes the costs associated with application distribution and version updates. "In addition to our quality of service, CSFB has always provided its clients the latest, most cutting edge innovations. PrimeTrade delivers a unique and abundant mix of securities and value-added functions to CSFB clients with a user-friendly interface to fast and efficient execution in more than 60 different OTC markets or exchanges," said Ciaran Henry, Managing Director, Client Technology at Credit Suisse First Boston. "AppStream allows CSFB to deliver the power of our feature-rich, award-winning, web trading application around the world while minimizing downloads and maximizing trading time, all without having to modify the application or add infrastructure costs." "Today 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. firms are faced with the challenge of distributing and managing applications to employees and business partners, wherever they are, without downtime," added AppStream 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. and founder Uri Raz. "AppStream is the first vendor to provide an immediate enterprise-wide application deployment solution with absolutely no re-engineering. As we extend our product line and market reach, we will continue to empower customers to focus on business, while we focus on delivering their applications, on demand, to the people who need them." AppStream automatically segments applications into executable components and delivers them in the optimal order based on user behavior. With AppStream Technology, organizations deploy feature-rich applications without performance trade-off. By delivering applications on-demand and executing them on the client, AppStream optimizes every aspect of the network to dramatically reduce IT overhead. About AppStream AppStream is a leading provider of scalable technology for the deployment and management of applications to the extended enterprise. The company's patented technology lowers application TCO (1) (Total Cost of Ownership) The cost of using a computer. It includes the cost of the hardware, software and upgrades as well as the cost of the inhouse staff and/or consultants that provide training and technical support. See ROI. while optimizing existing infrastructure to provide the most cost-effective way to distribute any application over any network to any device. The technology is the first of its kind to reduce network congestion In data networking and queueing theory, network congestion occurs when a link or node is carrying so much data that its quality of service deteriorates. Typical effects include queueing delay, packet loss or the blocking of new connections. and server load and provide ubiquitous access to dynamic and highly functional applications across all networks without impacting applications or IT infrastructure. AppStream's customer base includes Fortune 1000 corporations in financial services, travel, high tech and manufacturing. The company is based in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation). Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e. . About Credit Suisse First Boston Credit Suisse First Boston (CSFB) is a leading global investment bank serving institutional, corporate, government and individual clients. CSFB's businesses include securities underwriting, sales and trading, investment banking, private equity, financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , investment research, venture capital and correspondent brokerage services. CSFB operates in over 89 locations across more than 37 countries on 6 continents. The Firm is a business unit of the Zurich-based Credit Suisse Group, a leading global financial services company. For more information on Credit Suisse First Boston, please visit our Web site at http://www.csfb.com. |
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