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DataSynapse and Calypso Expand Partnership to Offer Pre-Integrated Grid Computing Solutions to Leading Financial Institutions; Global Banks Benefit from Joint Offering and Accelerated Deployment of Grid Infrastructure.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- DataSynapse, Inc., the fastest-growing provider of grid-computing solutions for the virtual enterprise, and Calypso Calypso, in Greek mythology
Calypso (kəlĭp`sō), nymph, daughter of Atlas, in Homer's Odyssey. She lived on the island of Ogygia and there entertained Odysseus for seven years.
 Technology, Inc., a leading provider of cross-asset trading solutions for the capital markets industry, today announced that DataSynapse's GridServer(R) infrastructure software is now available pre-integrated with the Calypso trading platform.

Traders and risk managers using Calypso can access an enterprise level grid computing grid computing, the concurrent application of the processing and data storage resources of many computers in a network to a single problem. It also can be used for load balancing as well as high availability by employing multiple computers—typically personal  solution. Calypso users will benefit from being able to run Calypso's market-leading solution within a highly scalable environment that optimizes available system and data resources across the enterprise. With GridServer, financial institutions can guarantee workload execution and respond to changing business requirements in real time, satisfying the volatile and unpredictable demand for computer processing power.

"The lifeblood of our clients' business is being able to make informed decisions based on accurate and timely risk calculations and financial projections," said Kishore Bopardikar, founder and president of Calypso Technology, Inc. "Calypso brings to market a superior product offering and flexible IT infrastructure which is able to support high-volume and complex calculations and to improve time-to-results to build a competitive edge. Our partnership with DataSynapse will enable us to further build upon this capability."

The joint solution was co-developed by Calypso and DataSynapse and joint clients have already begun to benefit from using Calypso together with GridServer. One global bank acknowledges that with the jointly deployed solution, the bank can now easily support an increase in global trading volume Trading volume

The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares.
 without having to incur additional development or support costs.

"The Calypso partnership extends DataSynapse's leadership position in 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.
 and provides the market with a robust and seamless solution equipped to handle the speed and capacity requirements demanded by the business," said Mark Mszanski, executive vice president of global field operations at DataSynapse. "The joint offering ensures that users receive a fully optimized solution as new requirements surface for guaranteed application resiliency, resource utilization and high-performance computing High-speed computing, which typically refers to supercomputers used in scientific research. ."

About Calypso Technology, Inc.

Calypso Technology, Inc. is a leading provider of cross-asset trading and processing systems based on the industry's most modern platform. Since inception in 1997, Calypso's focus has been on providing banks and brokers with a solid infrastructure for automating their trading desks. Based on robust, flexible, modern software technology that can be deployed rapidly and is capable of supporting a range of asset classes, Calypso has the extensibility to meet the growing demands of a bank's business while also allowing the user to customize the Calypso software according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

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 their needs. Calypso Technology, Inc. is an expanding organization with offices in eight locations worldwide.

For further information, please visit www.calypso.com. Calypso is a registered trademark of Calypso Technology, Inc.

About DataSynapse

DataSynapse, Inc. provides grid-computing solutions for the virtual enterprise, helping organizations drive new levels of business performance through the creation of an agile and responsive IT infrastructure. The company's standards-based GridServer(R) software virtualizes data components and business logic found in business-critical applications and distributes these services across available system resources (1) In a computer system, system resources are the components that provide its inherent capabilities and contribute to its overall performance. System memory, cache memory, hard disk space, IRQs and DMA channels are examples.  on demand - establishing a utility computing model that eliminates performance barriers, significantly increases service levels and radically lowers total cost of ownership. DataSynapse works with the world's largest financial institutions including Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, 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. , Deutsche Bank, Goldman Sachs and Nationwide, as well as market leaders in the government, energy and industrial sectors. The company is headquartered in New York and can be found on the World Wide Web at www.datasynapse.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 21, 2005
Words:569
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