Russia’s only distributor of Ingres has won a contract to supply the Russian Hard Currency and Stock Exchange with an Ingres-based currency trading system. Moscow-based Jet Infosystems has sold a system based around a Sun Microsystems Inc Sparcserver 1000 which has now been installed and is close to being up and running. Our big advantage in this contract was that two programmers without database experience could write this application in two months, says Jet president Eugene Shablygin. The Russian Currency and Stock Exchange is partly owned by Moscow City Government and competes with the larger Moscow Inter bank Currency Exchange, whose daily trading sessions are used by the Central Bank of russia to set its daily rouble-dollar base rate. The Ingres implementation is an upgrade of a system that was previously personal computer-based. Mr Shablygin says Ingres has now developed a solid plan for the Russian market and plans a series of Moscow seminars to promote the Open Road development tools in March.
