CORE DUMP
CORE DUMP
Hotspots at the Security Industries Trade Show, April 25-27, at the New York Hilton:
-- Apollo Computers will demonstrate new native third-party applications including Knight-Ridder's Tradecenter and WANG's SHARK. A mortgage-backed analytic system, supplied by the Orlando-based APAM, will run on Apollo's DN10000 supercomputer. Apollo will also present a number of Open Dialogue user-interfacre applications, which create Macintosh-like environments.
-- Durrell Inc. will be demonstrating its CAD (Computer Aided Design) system, which the firm uses to design all aspects of trading floors. Durrell will present a computerized walk-through demonstration of a trading floor the company has already designed and constructed for Lasser Marshall.
-- Quotron Systems, Inc. will be unveiling its Global Rate Report, a real-time fixed-income, foreign exchange and commodities information service which provides benchmark price information.
-- On April 26, Stratus Computers and the Korea Stock Exchange will introduce and describe the system Stratus has developed for the exchange.
-- Sun Microsystems is sponsoring an April 26 presentation on technology as a competitive weapon in financial services. Speakers include Bill Joy, Sun's vice president of research and development, Jonathan Fram, president of Institutional Research Network, Inc., and Bob High of Greenwich Capital Market, Inc.'s research department.
-- Also on April 26, Turret Equipment Corporation will demonstrate its new DATA LINK voice/data trading turret. DATA LINK features plug-in modularity and a built-in data port that enables a trader to call a customer and simultaneously access the account's data with the touch of a button.
Digital Equipment Corporation will support and market Chipcom Corporation's ORnet Fiber Optic Ethernet System. The radial fiber system provides full IEEE 802.3 Ethernet services over star topology networks, as well as forward compatability with the evolving Fiber Distributed Data Interface standard.
A new system developed by Toshiba transcends the finger. Called the Kiss Phone Off, the device utilizes voice recognition, so that callers simply speak the name of the desired party and the number is dialed automatically. Toshiba has yet to market Kiss Phone Off outside of Japan.
MoneyMarket II, Money Management Systems' fixed income securities trading system, has expanded to include Certificate of Deposit processing capabilities. The system will now print certificates at remote locations, track and process multiple denominations, and automatically execute re-registrations.
Roger Hawkins, Reuters Holdings PLC marketing manager for Europe, the Middle East and Africa, has left the company to set up an executive search agency. The head-hunting business, to be called Oriel Search Ltd., will specialize in the financial software and information services fields. He will be succeeded by Rupert Rowbotham, former marketing manager of quotation services.
DR-one, a software based trading floor system, has been selected for installation at the Bank of Montreal, sources at the bank say. Manufactured by B.S. Microcomp Software Pty. Ltd. of Australia, the system delivers real time financial information to IBM AT or PS/2 compatible microcomputers. Bank of Montreal is DR-one's first conquest in North America.
Hitachi Financial Trading Systems received the first U.K. order for its Terminator digital turret system. Dai-Ichi Kangyo Bank and Dai-Ichi Kangyo Bank International will install 117 dealer positions in London, each with access to 400 telephone lines. Traders will access the system from a combined plasma screen and key pad. Because of regulatory requirements, a glass "Chinese Wall" will separate DKB traders from their DKBI colleagues. The Terminator consoles will be served from a single central processor, but will be configured to offer switching separation between the two operations.
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