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VistaSource Announces Anyware RealTime WebSheet for the Web-Enabled Retrieval, Analysis, and Publishing of Real Time Market Data.


Business/Technology Editors

WESTBORO, Mass.--(BUSINESS WIRE)--June 19, 2001

WebSheet Turns Any Desktop Into a Powerful Trading Workstation

VistaSource, Inc. today launches Anyware RealTime WebSheet, a powerful, web enabled tool for retrieving, analyzing and publishing real time data. Anyware RealTime WebSheet is the thin-client version of Anyware RealTime Spreadsheets, already favored by traders as it is optimized specifically for the rigors of a real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided.

Some uses of this term confuse it with the term dynamic data.
 environment. Anyware RealTime WebSheet delivers the same performance and capabilities to users with Java-enabled browsers, helping them make better informed buying and selling decisions from any desktop, anytime, anyplace an·y·place  
adv.
To, in, or at any place; anywhere. See Usage Note at everyplace.

Adv. 1. anyplace - at or in or to any place; "you can find this food anywhere"; (`anyplace' is used informally for `anywhere')
anywhere
.

The launch of Anyware RealTime WebSheet creates several new opportunities. "We've taken the technology of our Anyware RealTime Spreadsheets, in use on trading floors around the world, and made it web-enabled," says Joseph Campisi, Jr., Anyware RealTime product manager at VistaSource. "The real time analytic capability of Anyware RealTime, once exclusive to the domain of high-end workstations on trading floors, is now accessible virtually anywhere. Prior to WebSheet, the options to offer this capability were very limited because of cost. This certainly provides traders a degree of freedom by making their trading floor mobile through web access to their data and models. It also becomes very easy to grow the trading floor or open satellite trading floors. Perhaps most intriguing is the interest we have from the investment side of several banks who are our customers. They see the WebSheet as a way to expand service to high-value customers by providing premium, real-time services in a

way that is not cost prohibitive pro·hib·i·tive   also pro·hib·i·to·ry
adj.
1. Prohibiting; forbidding: took prohibitive measures.

2.
."

"Wall Street has been dependent on spreadsheets for years," states Robert M. Hegarty, research director, investment management technology at TowerGroup. "Moving this capability to a secure, real-time, high-performing web environment will allow firms to share their analysis and models more easily, both externally and internally. The Excel look and feel is a critical component since the vast majority of spreadsheet models on Wall Street currently reside in Excel."

The performance of the Anyware RealTime WebSheet is ensured because of a pragmatic division of processing. Anyware RealTime WebSheet is an intelligent application that recognizes and differentiates simple tasks from those that are computationally intensive. Heavy-duty computations, such as sophisticated calculations and recalculations, are performed on the server to maximize speed and efficiency. Display and user interface-related tasks are reserved for the client, which in turn optimizes client-side communications with the server. This level of efficiency and optimization prevents bottlenecks and keeps information flowing freely. In addition to its performance, WebSheet is secure, utilizing SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data.  to secure an entire user session, from login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on.  and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
, to log out. Connectivity to real time data distribution systems (DDS (1) (Digital Data Storage) See DAT.

(2) (Data Dictionary System) See QuickBuild and OpenDDS.

(3) (Dataphone Digital S
) is accomplished through the use of Anyware RealTime Engines, each handling the interface to a single, specific DDS. Support for the TIB/Rendezvous DDS is new with this latest release, which also supports Reuters Triarch SSL, Open Bloomberg, and TIB See NIST binary.  CI Server data distribution systems. This newest Engine connects to a Rendezvous See Bonjour and TIB/Rendezvous.

1. rendezvous - In Ada, the method of synchronising the activity of different tasks.
2. rendezvous - Query language, close to natural English.

["Seven Steps to Rendezvous with the Casual User", E.
 backbone and communicates with a TIB MDDS MdDS Mal de Debarquement Syndrome
MDDS Medical Device Data System
MDDS Multi-Domain Dissemination System (PACOM)
MDDS Mission Data Distribution System
MDDS Multimedia Digital Distribution System
MDDS Maintenance Data Development System
 using SASS See SAS.  messages, or to other Rendezvous-only clients or servers.

The new user interface of both Anyware RealTime Spreadsheets and WebSheet has a Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world.

Latest version: Excel 97, as of 1997-01-14.
 look and feel, including the toolbar A row or column of on-screen buttons used to activate functions in the application. Many toolbars are customizable, letting you add and delete buttons as required. Toolbars may be fixed in position or may float, which means they can be dragged to a more convenient location in the . Users proficient with Excel can transfer that proficiency to Anyware RealTime Spreadsheets or WebSheet without much of a learning curve. For organizations or traders that wish to use Microsoft Excel, VistaSource offers Anyware RealTime for Excel, a plug-in that provides Excel users with the performance and reliability needed to analyze real time market data when used with a real time data distribution system. RealTime for Excel allows Excel to be an effective tool for real time data analysis by adding these critical functions:
- Socket-based communication (as opposed to DDE)

- Subscribing/Publishing functions

- Full status reporting

- Sophisticated error detection and recovery

- DDS Communication Monitoring


Pricing and Availability

Anyware RealTime WebSheet is currently available. Pricing for WebSheet and the rest of the Anyware RealTime family is on a per user basis through either a perpetual license or monthly subscription model. Anyware RealTime components are priced and sold individually, so that companies can efficiently obtain only the pieces and functionality that they need. For more details, contact: sales@vistasource.com. For more information on the Anyware RealTime family of products, and for a demonstration of Anyware RealTime WebSheet, please visit: www.anywarerealtime.com.

About VistaSource

VistaSource, Inc. is a subsidiary of Parallax parallax (pâr`əlăks), any alteration in the relative apparent positions of objects produced by a shift in the position of the observer. In astronomy the term is used for several techniques for determining distance.  Capital Partners, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. Headquartered in Westboro, MA, VistaSource is a leading provider of real-time, web-enabled, customizable data and document integration solutions. VistaSource was formed in April of 2000 during the first phase of a spin-out process from the former owners, Applix, Inc. This process was initiated to separate the real time and server-centric applications business from the Applix customer relationship management business, forming two separate, independent companies. The purchase of VistaSource by Parallax Capital Partners in March 2001 completed this process. In May 2001, VistaSource extended its reach to the financial market by reopening its sales office in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
.

Since its birth in Applix, VistaSource has found much success with its Applixware line of products, which includes a comprehensive suite of office components for non-Windows and thin-client environments, a development environment for the creation of custom applications and an option for the connection to and analysis of real-time data. The Applixware line has recently re-branded as "Anyware" to highlight the web-enabled capabilities of the family, which enables the creation of and access to documents and solutions from any browser, anytime. Anyware RealTime, Data, and Spreadsheets are a standard on Wall Street trading floors and used by financial powerhouses across the globe. More information can be found at http://www.AnywareRealTime.com.

All trademarks, registered trademarks, and service marks are the property of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Jun 19, 2001
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