Nicholas-Applegate Picks SGI To Run Big Databases

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San Diego-based Nicholas-Applegate Capital Management, with $27 billion in assets under management, has rolled out servers from Silicon Graphics Inc. to run enterprisewide Sybase Inc. relational database applications in support of trading, portfolio management, accounting, research and other functions. The Unix-based SGI boxes, which replace Sun Microsystems Inc.'s Sparcstation 20 servers, won out in competition against servers from Digital Equipment Corp. and Hewlett-Packard Co., as well as

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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