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November 22, 1988


By CBR Staff Writer

Stratus Computer Ltd, which claims to have cornered 70% of the market for real-time front-office data capture systems among City market makers, is making a move into the back-office marketplace. The UK subsidiary of Marlboro, Massachusetts-based fault tolerant computer manufacturer Stratus Computer Inc has put together a system for developing middle and back office securities applications. Stratus’ Platform 2000 provides financial institutions and securities houses with a middle and back office environment on which systems can be built, and can handle all financial instruments. The architecture consists of four main elements: an SQL 2000 database, based on Sybase Inc’s relational database, featuring SQL/VOS file access, integrated workstation support and window-based development tools; a sub-routine library containing validation routines for data sets within the database and skeletons for basic transactions; a communications package for City protocols; and a mechanism for cross application level interfacing. Platform 2000 will be available early 1989 from Stratus Computer, and is also being made available to software houses who wish to develop applications using it as a foundation.

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