Monday, April 6, 2009

IDA Success Story: Protegesoft Wins Global ISA Award

Two of the three Itanium Solutions Alliance Innovation Awards for 2008 were awarded to HP Developer & Solution Partner Program (DSPP) Member companies. Protégésoft won the award for Enterprise Business Application achievement and S7 Software Solutions was recognised for Entrepreneurial Innovation. A third award went to the University of Houston's bioinformatics research team for Humanitarian Impact. The Itanium Solutions Alliance Innovation Awards program recognises innovation and achievement using Intel® Itanium® processor technology to solve complex humanitarian, business and entrepreneurial challenges.
The Enterprise Business Application category awards the creative use of applications that use the benefits of the Intel Itanium architecture to produce either hard business results (such as cost savings and ROI) or soft business impact (including customer satisfaction and new product development). Winner Protégésoft replaced outdated and cumbersome legacy systems with HP Integrity to take advantage of features in their new Financial Portfolio Builder (FPB). FPB is a comprehensive financial investment system that runs on four-way HP Integrity servers running Microsoft Windows Server 2003. FPB supports the entire spectrum of portfolio management. It includes account setup and maintenance, investment allocation, monitoring and dynamic rebalancing, reporting and more -- all on a single unified platform. Using this tool, clients of investment banks achieved annualised portfolio returns of more than 22 percent with an efficiency of almost 30,000 times faster than the conventional method.

For full article: http://www.ida.gov.sg/Infocomm%20Industry/20080610113750.aspx

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