Financial services companies are under intense pressure to stay within budget and to control expenditures on information technology. Yet, to satisfy customers and keep pace with huge (and growing) volumes of fast-changing data, they must continually develop and deploy high-performance applications and integrated solutions. It makes sense that the people responsible for the world’s money would choose technology that allows them to create solutions that are faster to build, and also run faster.
InterSystems Caché®is the high-performance object database
that runs SQL faster than relational databases. By eliminating object-relational mapping, Caché dramatically accelerates application development and decreases time-to-market.
InterSystems Ensemble®is a rapid integration platform for
connect-ing multiple systems and processes. It allows you to leverage existconnect-ing applications – without rewriting them – by adding rich Web interfaces, adaptable workflow, rules-based business processes, and more.
Our technology powers mission-critical, high-volume trading applications in leading financial institutions worldwide, including:
5 of the top 10 Broker Dealers
5 of the top 10 Asset Managers
6 of the top 10 Global Banks
With Caché and Ensemble, financial services application developers can meet the need for high-performance, low-cost solutions. Our technology is found in world-class solutions for a wide range of financial services activities, including:
Database acceleration, including trade acceleration, routing, and management
Real-time processing of highly distributed data
High-volume market data capture for pricing
Risk management
Real-time P&L analysis
Portfolio management and accounting
Asset management
Straight-through processing for clearing and settlement
Real-time access to large market databases for advanced analytics
Market data and reference data management
Compliance
Why Do Developers of Financial Services
Solutions Choose Our Technology?
Caché and Ensemble share innovative core technology that provide benefits the financial services industry demands.
Lightning-fast performance
The unique multidimensional data structures used by Caché and Ensemble are more efficient for storing and retrieving data than the two-dimensional tables used by products built on relational technolo-gy. They eliminate the processing overhead caused by the “joins” and “table-hopping” that relational databases perform to reassemble data for transactions. Less processing overhead means higher performance. In real-world applications, solutions based on our technology run faster – often several times faster – than solutions using relational technology.
For financial services applications, that means lightning-fast transaction processing as well as the ability to deliver information immediately – just when financial profession-als need it to make portfolio management and trading decisions that reduce risk and capitalize on opportunities.
Massive scalability
Change, growth, and mergers are major forces in finan-cial services. Solutions that use our technology can grow from a single PC client to distributed networks with hun-dreds of servers and tens of thousands of clients without changing a single line of code or sacrificing performance. In fact, the largest integrated client/server system in the world, serving over 50,000 users, runs on Caché.
Real-time data analytics
We are the only company to offer a database product with bit-map indexing technology that is so fast, it is suitable for use with “live” data. As a result, financial analysts need never work with old data, but can perform real-time, advanced analytics on dynamic market data – while the system maintains its high-performance transactional process-ing. Our products also enable the easy creation of executive dash-boards that can display dynamic data in real time.
Robust reliability
The world of finance never sleeps, and financial services solutions have to always be available. We include a number of resiliency features in our products, so the solutions they power can run constantly.
Rapid development, integration, and deployment
Our technology is an ideal match for rapid object-oriented development and integration technologies and standards. Because no mapping is required between objects and the innovative multidimensional data structures used by Caché and Ensemble, development times can be cut by as much as 40%. Our object technology supports the use of Java, EJB, .NET, XML and SOAP, C++, and other object-oriented languages and protocols. But even when modeled as objects, all data is automati-cally accessible via ODBC and JDBC.
Seamless XML support
Caché and Ensemble transparently parse XML, and store data without the need for mapping to relational data structures. The results are higher processing speeds and faster application development. Our products support a wide range of standards found in financial services solutions including XBRL, FpML, MDDL, RIXML, and FIXML.
Cost effectiveness
With their simplified system management, reliability, and high availability, solutions built on our products require minimal administrative resources and so can run at a lower cost. Add that together with typically lower hardware and development costs for solutions running on Caché or Ensemble, and the result is lower total cost-of-ownership. In short, our technology enables developers and integrators to provide the affordable solutions that financial services companies are looking to buy.
InterSystems in Financial Services Around the World
Here is a partial list of companies using InterSystems’ technology in financial services applications.
Company Application
Amalgamated Bank Asset Management/Risk Management
ABN AMRO Asset Management
Agility Investment Services Market Pump/Trade Order Management
Arrow Financial Revenue Recovery System
Banco Aleman Platino Risk Management
Banesto Bolsa Back Office Accounting
Bank of Hawaii Asset Portfolio Management
Bank of Montreal Front & Back Office Processing
Bankers Trust Back Office Processing
Bank Adamin-Israel Back Office Accounting System
Barclays Bank Asset Portfolio Management
Barings-Ireland Back Office Accounting
BNP Paribas Securities Services Retail Fund Management System
Bradford and Bingley Investment Management
Cambridge Trust Portfolio Management
CCLA Investment Management Asset Management Centrotrade Mineral Exchange Risk Management
Ceská sporitelna Unit Trust Management System
CICLA Credit Report Generation System
Coutts Bank Asset Portfolio Management
Credit Suisse Algorithmic Trading & Trade Management
DeltaBank Integrated Front & Back Office Processing, Retail Services
Deutsche Bank Securities Processing
Eastern Bank Asset Portfolio Management
Escape/M Retail Operations System
Fairbairn Private Banking
Fiduciary Trust Company International Equity Management/Asset Portfolio Management
First Fidelity Asset Management
Fiserv Portfolio Management
Forum Solutions Lending Application
Franklin Templeton Financial Data Repository
Friends Provident Asset Management
Fuji Bank and Trust Risk Management
Generali International Asset Management
i-Deal (Thompson Financial) Online-Syndication Process System Integrated Software Solutions Securities Processing & Transfer System
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Hancock Bank Custody System
HSBC Asset Management
HBOS plc Wealth Management
JPMorgan Chase Asset Management, Private Banking System, Risk Management Jupiter Asset Management Asset Management
Legal & General Investment Management
Lehman Brothers Equity Data Repository System
Lloyds Bank Asset Portfolio Management
M&G Investments Wealth Management
MDM-Bank Retail Operations System
Mellon Europe Asset Management
Merrill Lynch Broker Registration System, Payment System
Mizuho Bond Trading Application
Moore Capital Investment Central Repository for Trade Management
National Advisors Holding Asset Management
NatWest Asset Portfolio Management
Northern Trust International Banking Platform
Ontario Systems Accounts Receivables Product
Palmer and Dodge Asset Management
Programbank-Russia Integrated Front & Back Office Processing
Provident Bank Portfolio Management
Prudential Portfolio Management Asset Portfolio Management
Rathbones Asset Management
Rhyme Systems Asset Management
Royal Bank of Scotland Asset Management Royal and Sun Alliance Asset Management
Sanwa Bank and Trust Risk Management
Skandia Portfolio Management
State Street Bank Asset Management
SunGard Asset Management
TD Ameritrade Back Office Processing
Tradepaq Time Cost Accounting
United Bank Portfolio Management
USERS Inc. Credit Union Automation
InterSystems Caché and InterSystems Ensemble are registered trademarks of InterSystems Corporation. Other product names are trademarks of their respective vendors. 1-08
InterSystems Corporation
World Headquarters One Memorial Drive
Cambridge, MA 02142-1356 Tel: +1.617.621.0600
Fax: +1.617.494.1631
InterSystems.com
