Cyrus InterSoft Unveils Financial Services Offerings; Enables Virtual Trading Systems, Broker Desktops, and Portal-Based Personal Finance Systems.Business Editors IT For Wall Street 2000 Booth No. 411 NEW YORK--(BUSINESS WIRE)--Feb. 22, 2000 Cyrus InterSoft Demonstrates Speiros Technology at IT for Wall Street, Booth No. 411 Cyrus InterSoft, Inc., the industry leader in pervasive Internet technology, today demonstrated Speiros(TM) Technology--a foundation designed to pull together technology resources to meet the growing demands of the 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. industry. "The Internet's true potential as an economic foundation for the network economy has yet to be realized," said Scott Bayless, 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. , Cyrus InterSoft, Inc. "While the web has made content pervasive by offering a pre-integrated anywhere, anytime platform, it cannot effectively deliver applications and computing services. What is needed is a pervasive computing Refers to the use of computers in everyday life, including PDAs, smartphones and other mobile devices. It also refers to computers contained in commonplace objects such as cars and appliances and implies that people are unaware of their presence. infrastructure, built specifically for the Internet that will enable pre-integrated, on-demand access to applications and other computing programs. Speiros cuts the Gordian knot Gordian knot: see Gordius. of Internet technology by solving the integration challenge, enabling applications to be integrated on demand and hence deployed anytime, anywhere, on any device." "The online financial services industry is the proverbial canary in the coal mine," noted Cyrus InterSoft Vice President of Marketing, Pablo Azar. "They have the applications, they have the customers, but they don't have the means to deliver those applications in a compelling, engaging, and effective manner to their customers." Currently, online financial service providers have two general audiences, the day traders Day Trader A stock trader who holds positions for a very short time (from minutes to hours) and makes numerous trades each day. Most trades are entered and closed out within the same day. Notes: This is a highly speculative practice. and the occasional investor who likes to track their portfolio online. Day traders require immediate, multitasking multitasking Mode of computer operation in which the computer works on multiple tasks at the same time. A task is a computer program (or part of a program) that can be run as a separate entity. access to a wide range of information and services--a need that cannot be met by the browser-server architecture without great expense. Additionally, any browser-based model locks the provider into a costly, static infrastructure with limited flexibility for future evolution. Speiros technology breaks away from the current limitations of browser technology enabling providers to deliver multiple, concurrent applications outside the browser. For example, Speiros enables the financial service provider to tie together industry partners to deliver true, Internet computing in real time to day traders and online banking customers, providing on-demand access to all computing resources--financial applications, files, email, video--without user installation or configuration. Because Speiros is hardware and software agnostic, new data can be integrated in real time. Through providers, a number of Speiros-enabled offerings include: -- Enhances stickiness by keeping client within the branded container -- Personalize to individual user level -- Run full multiple applications at same time, on the same screen -- Anytime, anywhere, computing from any platform -- Simple, standards-based development platform with no APIs Among the many benefits Speiros technology enables include: -- Enhances stickiness by keeping client within the branded container -- Personalize to individual user level -- Run full multiple applications at same time, on the same screen -- Anytime, anywhere, computing from any platform -- Simple, standards-based development platform with no APIs Online financial services users have been limited to browser technology, with the ability to access only one static page at a time. With Speiros, a provider can now offer users a branded, customized virtual trading desk Trading Desk A desk where transactions for buying and selling securities occur. Trading desks can be found in most organizations (banks, finance companies, etc.) involved in trading investment instruments such as equities, fixed-income securities, futures, commodities and foreign with dynamic environments containing concurrent, multiple applications that are available from any network device, anywhere. Partners Cyrus InterSoft is partnering with numerous industry leaders including Hewlett-Packard, Lucent Technologies, Bluestone bluestone, common name for the blue, crystalline heptahydrate of cupric sulfate called chalcanthite, a minor ore of copper. It also refers to a fine-grained, light to dark colored blue-gray sandstone. Software, Espial es·pi·al n. 1. The act of watching or observing; observation. 2. A taking notice of something; a discovery. 3. The fact of being seen or noticed. Group, PointBase, Psion and Tradeworx. These strategic relationships provide Cyrus InterSoft the power to deliver end-to-end solutions to customers. Availability and Pricing Speiros technology is available today through direct Sales channels. About Cyrus InterSoft, Inc. Cyrus InterSoft, Inc., was founded in 1998 with the vision of providing the foundation technology for the network economy. Cyrus InterSoft is a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation headquartered in Minneapolis, Minnesota “Minneapolis” redirects here. For other uses, see Minneapolis (disambiguation). Minneapolis (pronounced IPA: /ˌmɪniˈæpəlɪs/) is the largest city in the U.S. . More information about Cyrus InterSoft, Speiros technology, and related products is available from the Company's website, http://www.cyrusintersoft.com. Cyrus InterSoft, Speiros, Speiros logo, Enabling Choice, ASP Enabler, and Enterprise Everywhere, and the Cyrus InterSoft logo are trademarks of Cyrus InterSoft, Inc. Java is a registered trademark of Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Inc. All other product names mentioned herein are trademarks of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion