GemStone Joins Forces With Intel
VENDOR UPDATE
NEW YORK—GemStone Systems will use Intel for its high-speed data access and distribution capabilities, according to officials from both companies. The offering, dubbed GemFire on Intel for Financial Services (GIFS), is targeted at the hardware architectures from Intel.
On Wall Street, "the onus is on speed and efficiency," and GemStone has been targeting GemFire as the data store that "holds all the data you need for trading, risk and market data," says Shankar Iyer, executive vice president of
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