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72% of Organizations are Restricted by Their Trading Capabilities

Tuesday, June 23, 2009

Sybase, Inc., an industry leader in delivering enterprise and mobile software, today announced the results of a global survey of 220 investment bankers and risk managers in April 2009, which shows that many organizations’ technology is restricting their trading capabilities.

“Firms are openly admitting that they are restricted by their current trading capabilities and as they adapt their strategies to cope with the current financial crisis and identify new ways of making money, the need to improve existing trading platforms is even more prevalent,” said Stuart Grant, Business Development Manager for Capital Markets, Sybase. “Despite cutbacks in the financial services industry, there is noticeably a need to move away from restrictive, traditional technologies and for investment in new fit for purpose technology that delivers a clear view of the markets and business activities in real-time. This confirms what we have seen this past year in our customer base with the rapid adoption of Sybase® RAP – The Trading Edition™ as the leading technology platform for real-time analytics in capital markets.”

Article sourced from www.sybase.com, click here to read full story.

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