NEW YORK, June 19 /CNW/ -- Xeye, the leading provider of wealth
management software and solutions to the financial services industry announced
today that its flagship product, WealthManager, has achieved the highest
levels of speed and scalability in the wealth management platform industry.
Xeye's recent scalability tests confirm that WealthManager is unmatched in its
ability to support the very largest of financial institutions.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061116/NYTH003LOGO )
The benchmark of WealthManager Release 4 shows system processing capacity
has increased as much as 2.5 times over Xeye's previous market-leading levels.
In past tests that were audited by third-party consultants and customers, Xeye
demonstrated that Release 3 of WealthManager scaled to tens of thousands of
users and millions of accounts while running on inexpensive server farms.
Since that time Xeye has successfully deployed several customers at these
volumes. Running these large-scale, multi-terabyte systems in production for a
number of years now, Xeye is the only vendor with a proven track record that
major firms can rely on.
With today's announcement, Xeye takes this proven scalability to the next
"The advancements in our scalability story are a testament to both the
substantial investment in R&D that Xeye remains committed to, as well as the
industrial-strength software engineering practices that our development team
employs" said Craig O'Neill, President & CEO. "We are extremely proud that
Xeye's WealthManager is the only wealth management platform on the market
today that has the proven ability to scale to these levels. We are confident
we will consistently outpace the rest of the industry for the foreseeable
Founded in 1993, Xeye supplies advanced technology solutions to the
wealth management industry. Xeye's WealthManager provides 360 degree views of
all client information, advanced portfolio management tools, proposal
generation, portfolio modeling, client reporting, team based workflow, and
continuous client review capabilities. Xeye's services oriented architecture
provides for seamless data integration. www.xeye.com
Lara De Vido
Visit Xeye in Booth 1852 at the SIFMA Technology Management Conference on
June 19-21, 2007 at the Hilton New York
For further information:
For further information: Lara De Vido, VP Marketing of Xeye,
+1-212-869-3034 or firstname.lastname@example.org Web Site: http://www.xeye.com