NYSE Technologies launches the Capital Markets Community Platform Advisory Service

NYSE Technologies launches the Capital Markets Community Platform Advisory Service

19/10/2011

NYSE TechnologiesSM, the commercial technology division of NYSE Euronext, today announced the launch of the Capital Markets Community Platform Advisory Service which assists market participants in discerning the functional, economic and security benefits of moving to a cloud environment. Designed and supported in collaboration with EMC, this financial industry focused consultation service offers customers an extensive operational review that identifies the potential benefits and efficiencies of moving critical applications to the Community Platform's cloud environment.

"In our efforts to continue driving the pace of innovation and our goal of enhancing customer value, we saw the benefit of assisting our clients to develop a more detailed understanding of how our Community Platform can help their business," said Stanley Young, CEO, NYSE Technologies. "In creating the Capital Markets Community Platform Advisory Service, we tailored EMC's proven metrics to empirically demonstrate the appeal of moving various workflows and processing tasks into the financial industry's first dedicated capital markets cloud."

The Capital Markets Community Platform Advisory Service is customized to identify, quantify and address the unique performance and security requirements of financial services firms seeking lower costs and greater business agility. The advisory service offers a complete review of three key areas:

  • a Functional Assessment analyzing workloads and applications in the front, middle and back office operations;
  • a Trust Assessment validating the security, compliance, and risk functions of the Community Platform for an individual client's needs;
  • and anEconomic Assessment providing clarity and precision into specific areas of savings that can be achieved using the cloud platform.

Through the Capital Markets Community Platform, NYSE Technologies customers can experience the benefits of low-latency, on-demand and self-provisioned computing power with the flexibility, agility and cost savings of a cloud environment. Additionally, the Community Platform utilizes the connectivity of NYSE Technologies' Secure Financial Transaction Infrastructure (SFTISM) and the Liquidity Center Network that offers broad connectivity options to key trading locations around the world. Addressing the distinct technology demands of the financial services industry, the Community Platform supports the rapidly changing technologies and trading strategies of a range of market participants in a fully hosted environment with complete access to on-demand computing resources, software innovations and global market data.

For more information on the Capital Markets Community Platform, please visit: http://nysetechnologies.nyx.com/hosted-solutions/community-platform