Edmund Preiss, EMEA SW Enabling Manager, stated: "We are pleased to begin our cooperation with EGAR Technology company within the framework of IntelÂ® Early Access, and are gratified that EGAR Technology sees the deep potential for the implementation of our technologies, including, in particular, the IntelÂ® ItaniumÂ® 2 CPUs, in financial market applications. We believe that EGAR Technologyâs software solutions are a fusion of IntelÂ®âs hi-tech with EGARâs in-depth expertise in financial software development, providing the end users - financial organizations - with reliability, quality and productivity beyond comparison in the market."
Gena Ioffe, Chairman of EGAR, emphasized: "The development of our software solutions on the basis of IntelÂ®âs modern CPUs and chipsets not just assures their high performance, but also helps to decrease the maintenance costs for dozens of our current customers, and to reduce the costs of implementation for the prospective ones."
Starting from 2004, EGAR Technology has initiated the optimization of EGAR FOCUS financial software suite for running on systems with 64-bit IntelÂ® ItaniumÂ® 2 CPUs. EGAR FOCUS is the system for global trading support and financial risk management, designed for the complex automation of front, middle and back offices in banks and investment companies.
The main task under this program is to reach the maximum performance while working with massive databases and processing transactions in real time, which are of paramount importance for the successful work of financial market participants.
At the moment, EGAR Technologyâs specialists have already successfully ported the EGAR FOCUS databases on IntelÂ® ItaniumÂ® 2 CPU-equipped platforms.
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