Intelcom To Provide STORM/X On HP Hardware At RBC

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Royal Bank of Canada has selected Intelcom Data Systems Inc. to provide a deal-capture and position-keeping system for its Toronto-based foreign exchange trading operation. Intelcom is rewriting the software for its DOS-based Strategic Treasury Online Risk Management (STORM) deal- capture and position-keeping system to run UNIX and X windows on Hewlett-Packard Co. workstations at RBC.

Dubbed STORM/X, the system will run on a Teknekron Software Systems Inc. digital data distribution platform

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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