Financial Technology

Financial Technology

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April 23, 2013

McObject's Database Port to IBM Platforms Gets Business in Asian Financial Market



McObject (News - Alert), provider of the eXtremeDB Financial Edition database management system and related products, announced an option to its list of supported platforms: the DBMS is now offered for IBM’s (News - Alert) AIX operating system on IBM Power Systems hardware.


McObject also announced a new customer using its technology on these platforms. This payment processing solutions provider will integrate eXtremeDB Financial Edition, on IBM AIX and Power Systems hardware, in its forthcoming inter-bank payment system. McObject’s database is also used to help banks monitor for irregularities in check payments and with better speed and reliability. McObject’s eXtremeDB also provides in-memory data storage, clustering and transaction logging features.

“McObject’s eXtremeDB Financial Edition is designed meet the growing demand for high speed, reliability and scalability in data-intensive, real-time financial systems. AIX and IBM Power Systems support adds a powerful new platform option that will appeal to organizations in this industry considering eXtremeDB Financial Edition, meeting their technical requirements and also delivering superior economics,” said Chris Mureen, McObject chief operating officer.AIX is IBM’s UNIX operating system for better scalability, reliability, and manageability. Built-in features include virtualization and simplified security administration.

Businesses need to maximize the return on investment in information technology. Their IT infrastructure should have the flexibility to adjust to changing business computing requirements and handle workloads. But, just providing flexibility and performance isn’t enough; the IT infrastructure also needs to provide security and availability and while managing energy and costs. These are just some of the reasons why businesses are choosing the AIX operating system (OS) running on IBM systems designed with Power Architecture technology.

Companies embracing Smarter Computing are implementing IT infrastructure based on the IBM Power Systems platform that is designed for data, tuned to the task and managed with cloud technologies. Power Systems delivers services faster, differentiate their offerings by delivering higher quality services, and turn operational cost into investment opportunity.

IBM Power Systems targets compute-intensive applications with hardware with high raw performance and reducing the cost and complexity of IT infrastructure. Built-in features provide workload optimization, energy efficiency and cost control. IBM Power Systems products range from entry-level servers and workstations to 64-core machines that run some of the most complex commercial and technical workloads in the world.




Edited by Ashley Caputo
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