Goldman, Morgan Stanley Fund New Sybase Database Product

MANAGEMENT AND STRATEGY

With funding from Goldman Sachs & Co. and Morgan Stanley & Co., Sybase Inc. has developed a database management system that is designed to provide shared access to distributed databases and to minimize downtime for their users.

Development of the system, called Replication Server, was driven by the fact that firms are increasingly faced with the task of maintaining a massive database, even though they use only small subsets of it for specific applications in specific locations.

Sybase began work

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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