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Wednesday, November 20, 2002 10:29:59 AM
Thomson Financial Doubles Performance Of Thomson One Server and Portia(R) Using Systems Based On the Intel(R) Xeon(TM) Processor With Hyper-ThreadingTechnology@ Thomson Looks Forward to Delivering High Level of Analytic Applications To Institutional Investment Firms Via Thomson One, Customizable Market-Data Platform and PORTIA, Portfolio Management Solution
NEW YORK, Nov 20, 2002 (Canada NewsWire via COMTEX) -- Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC), and leading provider of information and technology solutions to the worldwide financial community, today reported significant enhancements to the performance of the Thomson One price-server and to PORTIA using systems based on the Intel Xeon processor and its ground-breaking Hyper-Threading Technology.
During a week of intensive study and benchmark testing of the Thomson One price-server using Intel Xeon processor-based systems, Thomson and Intel Corporation were successful in optimizing the performance of the server by 200 percent, as compared with the performance of the existing server architecture using the same software configuration.
"The performance of the Thomson One price-server experienced a tremendous boost from the Intel Xeon processor," said Louis Eccleston, president of the Thomson Financial Sales and Trading group. "Based on this powerful performance and new technology, we can look forward to the Thomson One platform delivering a high level of analytic applications to institutional investment firms in the near future," said Eccleston.
Thomson and Intel were also successful in accelerating the performance update for nearly 1,200 portfolio's in PORTIA -- Thomson Financial's portfolio management solution -- by 8 times using servers based on the Intel Xeon processor and the Hyper-Threading Technology. PORTIA's performance detail report was also much less time-consuming, completing in less than 1/10th of the time of current benchmarks by using the new technology from Intel.
"Intel Xeon processor-based servers provide PORTIA users with astonishing speed," said Doug Morgan, senior vice president of Thomson Financial's Investment Management Group. "Intel provides a powerful technology providing our customers with scalable solutions that streamline workflow and help them to implement investment decisions with ease and efficiency."
Thomson One platform is an open application framework that provides access to market data drawn from across Thomson Financial including ILX, AutEx, IFR and others. Thomson One allows for easy integration and distribution of Thomson market data, third party and proprietary products on one convenient platform, according to Eccleston.
PORTIA is the investment industry's most powerful and comprehensive portfolio management system, automating the trading, analysis and operations of money managers in more than 40 countries. PORTIA gives users the benefit of real-time trade updates and powerful calculation logic for portfolio management reporting and pre-to-post trade compliance.
"The Intel Xeon processor based servers with Hyper Threading Technology offer tremendous performance, reliability and scalability for the financial services industry" said David Brown, general manager for Intel's Platform Enabling Group. "Intel is excited to help Thomson enhance their product to cost effectively serve their customers with high speed access to quality data."
Intel Hyper-Thread Technology is a multi-threading technology where multiple threads of software applications can be run simultaneously on one processor. This is achieved by duplicating the architectural state on each processor, while sharing one set of processor execution resources, yielding an improvement in CPU resource utilization and higher processing throughout.
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