Sybase SA reports that Sybase Inc (NYSE: SY), the largest enterprise software and services company, today announced that the readers of Waters magazine voted the company "Best Enterprise Data Management Vendor".
Sybase received 33% of the readers' votes, beating out IBM and SunGard to win the category.
The recognition of Sybase was part of the 2008 Waters Rankings, an industry-respected award where the winners are chosen by the qualified readers of Waters magazine, a financial IT publication with a circulation of over 10 000.
"To address enterprise data management (EDM) challenges such as data mining, predictive modelling, reporting and business intelligence, Sybase's analytics server, Sybase IQ, works with a multitude of operating systems, hardware platforms, and analytics applications," explains Sybase SA's Rudi Leibbrandt, Sybase practice manager at Sybase SA. "As the leading column-oriented database, Sybase IQ delivers answers up to 100 times faster than traditional RDBMS systems, and is an enterprise data manager's best friend." In addition, to enable real-time decision support in securities trading, Sybase introduced Sybase RAP - The Trading Edition in May 2008. Leibbrandt points out that Sybase RAP integrates high capacity vector data stores, in-memory transaction processing and complex event processing engines to deliver a robust real-time market data analytics platform to the sell-side and buy-side institutions in the capital markets industry.
"The readers of Waters magazine have embraced Sybase's brand and reputation for delivering best-in-class enterprise data management solutions," says Phil Albinus, Special Projects Editor at Waters. "By placing first within the Best Enterprise Data Management Vendor category, the readers of Waters have acknowledged Sybase's market leadership. This is especially notable given how reticent financial services firms are when it comes to talking about the products running their businesses."
Waters covers the practical implementation of technology in the securities industry and is relied on by financial technology professionals worldwide for focused, in-depth coverage of financial market data and technology. Each year, the readers of Waters are invited to choose the best financial IT services and solutions that help CIOs and CTOs get their job done. This year, more than 600 voters filled out the Waters Rankings ballots. The qualified Waters Rankings voters work in today's leading investment firms, hedge funds and exchanges. Technology vendors and media relations firms were not allowed to vote.
"We are honoured that the readers of Waters magazine have selected Sybase as the best enterprise data management vendor," says Eric Johnson, senior vice-president and general manager of financial services, Sybase. "We've been working closely with the world's leading financial institutions and hold regular forums and customer advisory boards to maintain an open dialogue to address Wall Street's pain points. It is gratifying to know our customers have acknowledged our commitment to their success by granting us this award."
The winners of the 2008 Waters Rankings will be announced in the July 2008 edition of Waters and on the Waters Web site: www.watersonline.com. Waters celebrated with the winners at an exclusive cocktail party and awards ceremony at Metrazur in New York's Grand Central Terminal last night.
For more information on Sybase's Financial Services Industry solutions, please visit http://www.sybase.com/products/industrysolutions/financialservices.
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Each month, Waters reports and analyses the business reasons for and practical implementation of financial technology in the capital markets and securities industry. Since its launch in 1993, securities industry professionals worldwide have relied on the magazine for its focused, in-depth coverage surrounding the confluence of business and technology in market data, trading and risk technology and infrastructure as well as the human issues of talent management, staff retention and compensation within the financial services community. With more than 10 100 subscribers around the world*, Waters' readers enjoy the insights of CIOs and CTOs from the global markets. The magazine also releases the electronic newsletter Waters News each Tuesday to more than 14 000 industry professionals and it sponsors conferences in New York, London, and Singapore. Waters also hosts briefings, and training courses in many of the world's financial centres. For more information, visit www.watersonline.com.
Sybase SA
Sybase SA is the sole African representative of Sybase Inc, the largest global enterprise software company exclusively focused on managing and mobilising information from the data centre to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers to create an information edge. The world's most critical data in commerce, finance, government, healthcare and defence runs on Sybase. For more information, visit the Sybase Web site at www.sybase.com or www.sybase.co.za.
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