IBM Releases New Software Platform
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. But let us take a closer look at 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.
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