IBM Rolls Out BI Offerings for Traders
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Traders live and die by information, and the faster they get it and sift through it the better. IBM knows this as well as any IT provider, and it's bringing a new software platform geared at traders who need business analytics to make instant trading decisions. Datamation highlights what this software promises to do.
IBM this week debuted its latest industry-specific, pre-packaged software platform to help speed the execution and analysis of high-speed securities trading for the financial-services market.
The Financial Markets Framework is an open, standards-based compilation of multiple applications tethered to IBM's (NYSE: IBM) cornerstone WebSphere application server. Company officials said the framework will allow large financial services firms conducting thousands of transactions per minute to receive and analyze real-time information from more than 100 data feeds.