Some of the major innovations included in version 5.3 include, a comprehensive and interoperable service oriented architecture (SOA) pack integrated in IBM Websphere, aimed at providing large installations with all the scalability they need to handle large volumes of transactions, instruments, third parties and portfolios.
Sebastien Roussotte, head of strategic marketing at Sophis, said: This release is very comprehensive and is the result of 12 months of close collaboration with clients and R&D effort. It should be rolled out at the first client sites by the end of 2007, and we expect it to gain wide acceptance among our clients very quickly, thanks to major modules such as the multi-site as well as its superior technology.