DataSynapse and Murex Partner to Offer Integrated Grid Technology.LONDON -- DataSynapse, the fastest-growing provider of adaptive grid infrastructure solutions, today announced that it has entered into a collaboration agreement with Murex mu·rex n. pl. mu·ri·ces or mu·rex·es Any of various marine gastropods of the genus Murex common in tropical seas and having rough spiny shells, especially M. trunculus, the source of Tyrian purple. , a leading provider of cross-asset trading, risk management and processing solutions, to accelerate the deployment of advanced grid infrastructure to Murex's customer base. Common customers will benefit from virtualization technology See VT. See also virtualization. that is able to aggregate IT resources based on business needs, breaking down IT silos and increasing utilization of existing hardware to reduce IT spend. Maroun Edde, Managing Partner at Murex, said "Our clients active in the risk management of complex financial products have long been facing calculation speed and cost issues. Building a plug-and-play connector to DataSynapse, a leading specialist in the grid In the Grid is a game show that airs on UK broadcaster Five at 6.30pm week nights. It first aired on Monday 30 October 2006. In the Grid is hosted by Les Dennis and is produced by Initial West, one of the Endemol UK companies. technology area applied to financial markets, is an essential step towards helping our clients address a complex infrastructure issue." The two companies are currently working with several European banks for which GridServer will manage Murex workload execution and respond to changing business requirements in real time, satisfying the unpredictable demand for computer processing power. Rick Moran, DataSynapse SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul of business development, said, "DataSynapse continues to partner with leading players in 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. Now with Murex, we have built an integrated, out-of-the-box grid solution with another high quality application partner. GridServer assures maximum performance and reliability of business-critical applications and makes it easy for customers to manage distributed environments." DataSynapse continues to expand its client base across the Americas and Europe, affirming its position as a leader in 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 for the financial services sector. The firm has also extended partnerships with a range of ISVs in 2005 as part of its drive to recruit best in class partners. About Murex With over 200 sites worldwide, Murex has developed a leading competence in the design and implementation of integrated and cost effective software solutions to support the entire trading, risk management and processing cycles of credit derivatives Credit Derivative Privately held negotiable bilateral contracts that allow users to manage their exposure to credit risk. Credit derivatives are financial assets like forward contracts, swaps, and options for which the price is driven by the credit risk of economic agents (private , interest rates, foreign exchange, equity and commodity instruments. The Murex innovative solution delivers superior power and flexibility from high volume trading to exotic product structuring. A team of over 500 specialists, located in Europe, Asia and America, are dedicated to providing clients with the best support in the industry. For more information, please visit www.murex.com About DataSynapse DataSynapse, Inc. provides adaptive grid infrastructure software that virtualizes access to computing and data resources, creating a highly scalable service-execution environment, enabling greater business agility at radically lower costs. The company's flagship products, GridServer and FabricServer, virtualize To cause a virtual technique to be performed. See virtualization. business-critical, enterprise applications and adaptively provision them 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. Open and standards-based, DataSynapse's self-managed solutions eliminate performance barriers and improve productivity levels across the enterprise. DataSynapse works with market leaders in the financial services, government, telecommunications, energy and industrial sectors. The company is headquartered in 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 and can be found on the World Wide Web at www.datasynapse.com. |
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