Fast Data Search Deployed by the Oslo Bors and the Copenhagen Stock Exchange.Business Editors/High-Tech Writers OSLO, Norway--(BUSINESS WIRE)--July 17, 2003 FAST Strengthens Position in Key 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. Sector by Delivering Real-Time Search Solutions that Enable Investors to Instantly Retrieve Highly Relevant Financial Information From Scandinavian Stock Exchange Sites Fast Search & Transfer(TM) (FAST(TM)), the leading developer of enterprise search and real-time alerting technologies, today announced that the Oslo Bors (www.oslobors.no) and the Copenhagen Stock Exchange Copenhagen Stock Exchange The only securities exchange in Denmark. It features electronic trading of stocks, bonds, futures, and options. (Kobenhavns Fondsbors) (www.xcse.dk) have fully deployed FAST Data Search(TM), providing investors with a highly relevant information management solution for searching and retrieving financial information from the two Scandinavian stock exchanges. The stock markets deal with time sensitive and critical information and there is virtually no tolerance for error in such demanding environments. FAST Data Search and TIBCO TIBCO The Information Bus Company Software's ActivePortal(TM) have been integrated to create a real-time solution for retrieving the most accurate and relevant information from the large amounts of financial data continuously updated by the two stock exchanges. Through the deployment of FAST Data Search, investors can now obtain critical information through the stock exchanges' search bars located at www.oslobors.no and www.xcse.dk. "Investors required from us an effective solution for quickly accessing the most relevant information from both stock exchanges integrated within our portal application," stated Andre Hellum, IT Director of the Oslo Bors. "FAST Data Search offered us the flexibility to tightly integrate with TIBCO's portal solution, enabling us to heighten the search experience for our users by delivering to them information most significant to their needs." The FAST Data Search suite of enterprise search solutions offers the most comprehensive combination available of powerful real-time search technology, business search management tools, and information analysis capabilities. "FAST Data Search is an excellent application for financial institutions such as the Oslo Bors and the Copenhagen Stock Exchange, where the need exists to search large amounts of constantly changing data from multiple locations, with key information delivered that quickly and accurately matches the users intent," commented John M. Lervik, FAST's chief executive officer. "TIBCO has long been a key partner of ours, and we are pleased to expand our relationship to deliver real-time solutions within the financial services sector." FAST Data Search, recent winner of the European IST award for innovative software products, enables companies and organizations to develop information transparency and utilization across organizational units and geographical areas. This results in improved efficiency through collaboration, information sharing See data conferencing. , and real-time data monitoring and filtering, as well as a dramatic boost in ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). and lowered total cost-of-ownership. The FAST Data Search product suite supplies a complete information retrieval solution ideal for key vertical markets including Financial Services; Government; Media and Publishing; Life Sciences; and e-Commerce applications. About FAST Fast Search & Transfer (FAST) creates the real-time search and filter technology solutions that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable integrated technology platform enables enterprise customers to elevate their search capabilities to unprecedented levels. FAST closes the gap between information and action, connecting people to the relevant information they seek regardless of medium, in turn driving revenue and reducing total cost of ownership by effectively leveraging IT infrastructure for our clients and world-class partners. A wide range of Global 3000 customers and partners, including AT&T, CareerBuilder, Chordiant, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) , Dell, FirstGov.gov (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ), Freeserve, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , LexisNexis, Overture, Reed Elsevier, Reuters, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications, and T-Online currently use FAST's powerful enterprise search technology solutions. FAST operates globally with offices in the United States (Boston, San Francisco), Europe (Norway, France, Germany, Italy, UK), and Japan. FAST is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors 'FAST' on the Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. . Please visit www.fastsearch.com for more information. (C)2003 Fast Search & Transfer ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and - Fast Search & Transfer, FAST, and the FAST four-colored logo are trademarks of Fast Search & Transfer ASA. All rights reserved. FAST disclaims any proprietary interest in the marks and names of others. All other trademarks mentioned in this document are the property of their respective owners. |
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