Technology Management Conference in New York
WALTHAM, Mass. â June 14, 2004 â Metatomix, Inc. the leader in Semantic Web-based software solutions for enterprise resource interoperability (ERI), today announced that they are teaming with Sun Microsystems, Inc. to provide ﬁnancial messaging and risk-management solutions running on the Sun Fireâ¢ V20z, Sunâs AMD Opteronâ¢ processor-based server for the Solarisâ¢ (OS) and Linux Operating Systems and Sunâs growing line of x86 servers.
As part of the expanded relationship, which aims to address risk management needs in the ﬁnancial services market, Metatomix plans to support its new Metatomix SMARTEâ¢ for Operational Risk solution on the Solaris OS for x86 systems and Redhat Linux, providing customers with additional platform choice and the beneﬁts of the secure, reliable and highly scalable enterpriseclass
Solaris OS that is certiﬁed on a growing number of Sun and third-party systems.
Todayâs announcement demonstrates the continuing customer demand for quality, cost-effective Sun x86 based solutions in the securities industry.
"Sun and Metatomix are meeting critical business requirements for risk management with several global ﬁnancial institution clients," said Bob Angelo, chairman, president, and chief executive ofﬁcer, Metatomix. "Metatomix is pleased to be able to leverage Sunâs powerful low-cost leadership in ﬁnancial markets and its important reference platform for our ﬁnancial services solution to meet the needs of our banking customers."
"Working to help Sunâs Wall Street customers and partners extract costs and reduce complexity in their IT infrastructure with Sunâs x86 systems based on the Solaris OS and Linux is essential," said David Littlewood, senior director of ﬁnancial services worldwide, Sun Microsystems.
"Metatomix and Sun have formed an alliance to aggressively drive low-cost computing full steam ahead."
Metatomix SMARTE for Operational Risk is a real-time interoperability platform that enables ﬁnancial services providers (FSPs) to monitor multiple real-time transaction streams "in ﬂight" to detect risk and compliance issues as they occur. Unlike traditional risk applications that scan extracted data stores in batch, Metatomix SMARTE examines transaction streams in real time to detect threats and vulnerabilities, enabling FSPs to halt suspicious transfers or automatically manage operational limitations.
Metatomix SMARTE for Operational Risk provides a comprehensive platform solution to meet todayâs risk and compliance challenges. The Metatomix SMARTE system is the only Semantic Webbased solution for enterprise resource interoperability (ERI), enabling ﬁnancial service providers to unify their disparate information and IT infrastructure assets. SMARTE combines a best-in-class ﬁnancial messaging integration broker, an expert rules-based system and advanced data modeling capabilities, enabling better compliance, risk management and IT infrastructure monitoring.
Metatomix and Sun Microsystems cemented their alliance at the Securities Industry Allianceâs Technology Management Conference in New York City at the Sun Microsystems Exhibit, Booth #4100 on Thursday, June 10, 2004.
Platform and Availability
Metatomix SMARTE for Operational Risk is available immediately, with customized solutions available within ninety days of selection. It is hardware-platform independent and can monitor operational risk from virtually any structured or unstructured networked data source. For additional information, call 781-907-6700.