BACmac Adds RAS Spreadsheet To Its BITS Trading System
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BACmac Ltd., a small U.K. systems integrator, has launched Real-time Analytics Server (RAS), which utilizes a transputer to provide traders and analysts with parallel processing capabilities for risk management.
RAS is based on Predict, a modeling and spreadsheet application developed by Risk Decisions Ltd. Although BACmac officially launched the product at last month's Computers in the City show in London, RAS is already being installed at J.P. Morgan & Co. in the U.K. The package will run on a
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