Information Mosaic has been awarded ‘Oracle Exadata Optimized’, ‘Oracle SuperCluster Optimized’ and ‘Oracle Exalogic Optimized’ status for its IMSecurities version 7.0.4.
The end-to-end securities processing solution allows clients to automate the processing lifecycle including trade capture and processing, trade settlement, position and cash management, corporate actions processing, investment accounting and risk management.
It also achieved more than three times performance improvement for end-to-end corporate action processing and more than eight times better response time for front-office concurrent user interactions.
Information Mosaic was awarded the statuses through the Oracle PartnerNetwork, and is now a gold-level member.
These particular accolades are part of Oracle’s ‘Exastack Optimized’ programme which allows partners to use enablement resources and dedicated labs to help develop, test and tune applications on Oracle’s technologies and engineered systems.
David Hicks, Oracle’s vice president of worldwide ISV, OEM and Java business development, said: “’Oracle Exastack Optimized’ recognises partners who have optimised their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users.”
“By achieving ‘Oracle Exadata Optimized’, ‘Oracle SuperCluster Optimized’ and ‘Oracle Exalogic Optimized’ status, Information Mosaic has demonstrated its IMSecurities version 7.0.4 solution is tested and tuned to deliver optimum performance, scalability, and reliability to their customers.”
Himanshu Sharma, global head of product engineering and technology at Information Mosaic, added: “Achieving ‘Optimized’ status will help our customers continue to achieve superior performance and adopt newer operating models to scale with Information Mosaic’s enterprise securities processing solutions and utilities.”
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