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New Eagle system strives to support derivatives

West Hartford, Connecticut-based Eagle Investment Systems (EIS), a subsidiary of the Mellon Financial Corporation, has released the latest version of its integrated suite of investment management products.

Apama available as SaaS product

Progress Software has announced that it has 'Software as a Service' (SaaS)-enabled its Progress Apama Algorithmic Trading Platform.

Numbers

'The systems had a shelf life of six months, after which the processors just melted from constant usage'

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