ESP Technologies Selects ActiveBatch(R) To Centralize Post-Trade Processing Tasks
2008-07-15 09:00:00
Job Scheduling Application Allows ESP to Manage Processing Network
MORRISTOWN, N.J.–(EMWNews)–Advanced Systems Concepts, Inc. (ASCI™),
a leading provider of system software solutions that enhance Windows,
UNIX, Linux and OpenVMS systems, announced today that New York
City-based ESP Technologies Corp. has selected ASCI’s
ActiveBatch® job
scheduling application to manage its global processing needs. Using
ActiveBatch, ESP is able to both centralize its post-trade processing
scripts and schedule jobs more efficiently to optimize its processing
resources.
ESP Technologies provides an extensive broker-neutral global
order-routing network, advanced post-trade management technology and
comprehensive settlement aggregation to mutual funds, life insurance
companies, pension funds, asset managers and hedge funds. ESP services
are currently available in 23 markets in the U.S., Europe, Asia and
Canada.
“ActiveBatch has enabled us to abstract our
scheduling tasks to one console at our technical and operations center,”
said ESP Managing Director, James Weiner. “It
has a beautiful methodology. The display feature makes it easy to
tightly schedule any number of jobs, according to any trigger,
conditions or times we need.”
According to Jim Manias, Vice President of Marketing and Sales for
Advanced Systems Concepts, ActiveBatch allows customers like ESP to
schedule jobs that have dependencies. “The
advantage of using ActiveBatch is that it optimizes processing speed
while giving users the opportunity to address any issues that require
further action. This is achieved by permitting the jobs to automatically
run based on rules set by the user,” Manias
said.
Designed to meet the fast-growing need for immediate, or near-immediate,
information processing, ActiveBatch is an enterprise-class job
scheduling product that delivers benefits ranging from better allocation
and/or protection of assets to faster real-time business intelligence.
The cross-platform capability of ActiveBatch makes it possible to manage
workflows on any combination of Windows, UNIX, Linux and OpenVMS
systems; the application is also tightly integrated with the Windows
operating environment, so users can leverage their Microsoft investment
while simplifying learning and implementation.
About Advanced Systems Concepts, Inc.:
Headquartered in Morristown, New Jersey, Advanced Systems Concepts,
Inc. offers many software products and options for users of Microsoft
Windows, UNIX, Linux, and HP OpenVMS systems. These products provide
answers to software developers and system managers requiring improved
system efficiency and utilization. Advanced Systems Concepts today has
over 200,000 licenses installed and a worldwide base of customers in 32
countries around the world. Advanced Systems Concepts is a Microsoft
Independent Solution Vendor, a HP Software Gold Business Partner, an
HP-UX Power Partner, a Sun Catalyst member, an IBM Business Partner and
a Red Hat Ready Partner. For more information, see the company’s
website at http://www.advsyscon.com
or call 1 973-539-2660.
About ESP:
ESP Technologies Corp., THE Buy-Side Solution, provides an extensive
broker-neutral global order-routing network, advanced post-trade
management technology and comprehensive settlement aggregation to mutual
funds, life insurance companies, pension funds, asset managers, and
hedge funds. ESP provides innovative trading and post-trade
solutions and delivers rapid, secure, and customized direct market
access and algorithmic routing capabilities in U.S. and global equities,
options, and futures. Brokerage services are provided by
Electronic Securities Processing (ESP) LLC. Member FINRA, SIPC,
NFA. For more information, please visit fastesp.com.
Copyright © 2008 Advanced Systems Concepts,
Inc. ActiveBatch is a registered trademark, and ASCI is a trademark, of
Advanced Systems Concepts, Inc. All other trademarks and/or registered
trademarks are the property of their respective owners.
for ASCI: Technologies Corp. |
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