Software

NEW YORK, NY - SIFMA Conference - June 23, 2009 - Today, Visual Numerics, Inc., part of Rogue Wave Software, and a leading producer of advanced numerical analysis and visualization software announced an OEM partnership with Sybase, an industry leader in delivering enterprise and mobile software. As part of the OEM partnership, Sybase is embedding multiple IMSL Library time series analysis functions into Sybase� RAP - The Trading Edition� Enterprise, a unified market analytics platform that lets capital markets firms make more intelligent, efficient use of data for better analytics, decisions and reporting across the front-to-back office trade lifecycle.

"In a volatile trading environment, the ability to analyze time series market data both historically and in real time gives financial services organizations an edge," said Larry Tabb, CEO, TABB Group. "Capital markets firms can identify material events and mitigate risks or seize opportunities ahead of the rest of the market by using strong time series analytical toolboxes."

Specifically, new capabilities enabled by IMSL Library functions will enable users to examine and cleanse time series data, fit data to models, and perform model fit diagnostics. These capabilities allow for more complex modeling, improved backtesting, and faster intra-day risk and compliance reporting. By embedding the time series analysis capabilities, Sybase also provides RAP users with the ability to do all this with a single platform, eliminating the challenges inherent in integrating multiple vendor solutions.

Link to: http://www.vni.com/company/press/pressReleases/sybaseRAP.php