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Intellect Design Arena provides business update

Capital Market 

Achieves new benchmark for its ALM solution

Intellect Design Arena announced that it achieved a new benchmark for its Algorithmic Liquidity Management (ALM) solution achieving 10 times faster processing on Liquidity Platform running on SPARC T7 Servers. This Global Transaction Banking (iGTB) solution can process over one million complex sweep structure at 7516 instructions per second. It is also capable of processing over 200000 transactions with up to three months back dated sweep in little over three minutes; and over a million with full intercompany loan processing in nine minutes (1692 per second).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 19 2016. 12:27 IST
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