ITRS announce global partnership with 29West, 27 April 2010
ITRS Group plc is pleased to announce a new global partnership with 29West. Recently acquired by Informatica (NASDAQ: INFA), 29West is the market leader in high-performance, ultra low-latency messaging solutions.
The two companies will develop an interface between the ITRS Geneos framework and 29West’s Ultra Messaging system. ITRS Geneos provides a powerful set of analytical, consolidation and correlation functions across all managed metrics, while 29West’s Ultra Messaging allows trading and market data applications to communicate with each other with ultra-low latency.
The partnership brings two market leaders together and will provide extensive capabilities to their large mutual client base. The interface will equip 29West and ITRS customers with real-time, high-performance management of their 29West Ultra Messaging middleware infrastructure and was created in response to increased customer demand. The benefits will include operations and capacity forecasting and planning capabilities, resource consumption and cost allocation. It will also give traders clear visibility of [real-time] systems vital to their work.
Misha Kipnis, ITRS CTO, said: “We are delighted to be working closely with 29West. The partnership was driven by demand from 29West clients for a comprehensive, professional management and monitoring system. The new interface will greatly increase efficiency and allow 29West clients to manage not only their Ultra Messaging middleware infrastructure, but also, through ITRS Geneos, their trading applications, FIX engines, market data platforms and IT infrastructures.”
29West global head of sales, Annalisa Sarasini, commented: “29West is the market leader in messaging, and the new ‘plug and play’ interface will give our clients access to ITRS’s innovative monitoring and management solutions. Our clients asked for GUI/dashboard functionality and ITRS Geneos stood out as the best option for our customers for a number of reasons: the company’s expertise in financial markets; its particular suitability for high frequency trading environments in the capital markets and its small footprint.”
The new interface will be jointly marketed by ITRS and 29West; it is anticipated that the majority of the clients of both firms will opt for the interface because of its broad benefits.
ITRS wins HSBC 'Excellence in Innovation' award, 09 April 2010
1April, 2010, London: ITRS Group plc, the leading global provider of predictive, real-time, proactive systems and application management products to the world’s financial community, were announced as the overall national winners for ‘Excellence in Innovation’ of the International Trade Awards 2009 for commitment to export, sponsored and presented by HSBC Bank Plc. The board members of ITRS, as the London region winners, were invited to a luncheon at the House of Lords hosted by Lord Hesketh, where they were chosen as the national winners of this very prestigious award.
Ian Campbell OBE, Chairman of the judges said: “ITRS has shown true ‘Excellence in Innovation’ coupled with a clear commitment to international expansion. Their provision of vital technological protection to the software and systems of major financial institutions has made them into a global leader in their field.”
He continued: “Their vital role in keeping the banks’ computers running, and preventing fatal breakdowns of automated systems, in 600 locations worldwide and with clients that include eight of top ten global investment banks provides clear evidence of the success of their technological innovation. Their rapid and sustained growth, both domestically with international financial bodies and worldwide, is testament to first-class product research and design and significant investment in both money and people in dedicated overseas management structures coupled with the dedication to selling a superlative product.”
Stuart Nivison, Head of Trade and Supply Chain, Europe, HSBC, added: “ITRS stood out as clear winners and are an out standing example of UK technological success overseas in a highly competitive sector. Their customer base is second to none and is a great example for other UK businesses of what can be achieved by targeting the global and not just the local market.”
Stephen Bates, CEO of ITRS Group Plc, said: “It’s quite humbling to be chosen from amongst a peer group that represents the great things that this country is achieving – winning the award is taking time to sink in. Clearly, we are delighted that Ian Campbell OBE, Chairman of the judges, and his team chose ITRS as winners of the ‘Excellence in Innovation’ award; it is very prestigious and will feature prominently in our offices. The award has become part of ITRS’s history and our challenge is to ensure that this success is replicated in the future. In order to achieve this we will need to continue to focus on clients, products and staff.”
ITRS, a leading provider of specialist management and predictive analysis technology, supplies financial institutions with an optimised enterprise management framework, enabling clients to acquire the crucial, real-time system performance metrics they need to predict disruptive events and automatically execute the appropriate steps to either limit or completely avoid service disruption. World markets are increasingly automating trading activities and ITRS is at the forefront of this emerging discipline, helping clients maintain business continuity and maximising profit opportunities.
ITRS has been chosen from amongst all the regional winners, who were announced in December 2009, and the ceremony and presentation were held at the House of Lords at the end of March.
NSX breaks the sub millisecond monitoring barrier using Geneos from ITRS, 25 February 2010
A flexible, integrated,proactive monitoring solution from ITRS has allowed National Stock Exchange,Inc. (NSX®) to go from being just one of many US-based tradingvenues to among the leaders when it comes to delivering reliability,availability and serviceability to its clients. The ITRS Geneos solution isallowing NSX to minimize the impact of issues in infrastructure and applications,to deliver better performance for clients, and keep a tight lid on the cost ofoperating its state-of-the-art trading environment.
