Patsystems Selects Gigaspaces to Develop Next-Generation Electronic Trading System.

PR Newswire Europe, May, 2007

NEW YORK, May 15 /PRNewswire/ --

- GigaSpaces to Serve as Core Software Platform for High-Performance Electronic Trading Application

GigaSpaces Technologies today announced that Patsystems has selected its Infrastructure Software to build its next-generation global electronic trading system. Patsystems will utilize GigaSpaces Space-Based Architecture approach to deliver a scalable, high-performance system that offers advanced global connectivity and exchange support.

Patsystems provides high-performance electronic trading and exchange systems, comprehensive risk management tools and connectivity to global markets from a single screen. It seeks to address the demands of today's fast-paced trading market by increasing its ability to handle...

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