View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 14, 1990


By CBR Staff Writer

Micrognosis, the Control Data Corp financial systems subsidary, has signed up seven Japanese financial institutions in the City of London for its digital and video trading system. Together the various contracts are worth $6.5m. The institutions are London branches of Japanese banks and brokerage houses – Nissan Finance International, Mitsui Taiyo Kobe Bank, Taiyo Kobe International, Norinchukin International, Wako International Europe, Industrial Bank of Japan and Okasan International. The deals follow the installation of Micrognosis’ trading system at the Mitsubishi Bank in Japan in February, and the setting up last November of a Development Centre in Sydney with a priority to develop the Japanese market. Micrognosis uses a variety of hardware for its systems – US installations have mixed IBM and DEC machines. The largest London contract, with the Mitsui Taiyo Kobe bank, uses Sun Microsystems’ 386i Unix machines. Chris Manderson, Micrognosis’ UK general manager says that although Japanese banks have been particular targets he is also keen to see Micrognosis’ business with European institutions expand – last month it announced an agreement with the US institution, Morgan Guaranty Trust to equip its London offices, the system will go live at the end of the year. However Manderson agreed that Japanese institutions over recent years at least seem to have put a greater emphasis on keeping abreast of the latest technology and this announcement confirms the trend.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.