Dow Jones Indexes Selects IBM to Power Indexes and Dow Jones Industrial Average19 March 2006
IBM today announced that Dow Jones Indexes, apremier global provider of investable indexes, including the Dow JonesIndustrial Average (DJIA), has selected IBM servers as the platform tocalculate its suite of worldwide indexes and averages that are disseminatedglobally in real-time through major market data vendors and published inThe Wall Street Journal, Barron's, Dow Jones Newswires, MarketWatch andother Dow Jones and third-party publications. Dow Jones Indexes is anindependent, full-service index provider, supplying accurate, reliable andtransparent index data on a global basis.
"We have already seen a performance increase since migrated to IBM'spSeries platform, giving us the ability to more easily adapt to increasesin market activity. The IBM pSeries systems enable the Dow Jones GlobalIndexes and Dow Jones Averages real-time applications to scale whichimproves our positioning for financial market growth. Our applicationswill leverage the performance capabilities in pSeries/AIX architecture toproduce, and support, new global indexes and averages to create new revenuestreams," said Michael A. Petronella, president, Dow JonesIndexes/Ventures. "IBM has provided our business with professionalexpertise and exceptional service, a hardware platform that efficientlymeets our current needs and provides us with the scalability to match ourrapid growth. I am confident that the IBM platform will be an integralpart of our business unit's success going forward."
"IBM is the leader in delivering breakthrough technologies to UNIXcustomers that enable extraordinary on demand business performance," saidRoss A. Mauri, general manager, pSeries. "IBM's POWER5 systems deliverfaster, more energy efficient processors that boost speed, performance andvalue for today's most intensive mission critical applications."
Dow Jones indexes are delivered through a variety of real-time andend-of-day market data vendors. Major indexes are published daily in TheWall Street Journal's "Money & Investing" section and weekly in the "MarketWeek" section of Barron's, and are disseminated via radio and television.The Dow Jones Global Indexes and Dow Jones Global Titans 50 Index are alsopublished daily in The Wall Street Journal Europe's "Global Finance Diary"section.
The System p5 570 servers running AIX feature IBM's POWER5 processors,which deliver 64-bit computing power and features like Dynamic LogicalPartitioning, simultaneous multithreading, and IBM's VirtualizationEngine™ to the midrange server market. The system is designed to scalewith both UNIX and Linux enterprise applications on demand. Dow JonesElectronic Publishing and an extensive IBM team worked closely to enhanceDow Jones application performance.
About Dow Jones Indexes
Dow Jones Indexes is part of Dow Jones & Company, which publishes theworld's most vital business and financial news and information. Dow JonesIndexes is a premier global provider of investable indexes, including theDow Jones Averages and the Dow Jones Global, Regional, Country and SectorTitans Indexes and is co-owner of the Pan-European Dow Jones STOXX Indexes.Together with Wilshire Associates, Dow Jones Indexes markets and licensesthe Dow Jones Wilshire index family, which includes the Dow Jones Wilshire5000 and its size, style, and sector indexes. Dow Jones Indexes also offersa number of specialty indexes including hedge fund, commodity and creditderivative indexes.
In addition to Dow Jones Indexes, Dow Jones & Company (NYSE: DJ),(dowjones.com) publishes The Wall Street Journal and its international andonline editions, Barron's and the Far Eastern Economic Review, Dow JonesNewswires, MarketWatch and the Ottaway group of community newspapers. DowJones is co-owner with Reuters Group of Factiva and with Hearst ofSmartMoney. Dow Jones also provides news content to CNBC and radio stationsin the U.S.
About IBM
IBM is the world's largest information technology company, with 80 years ofleadership in helping businesses innovate. Drawing on resources from acrossIBM and IBM Business Partners, IBM offers a wide range of services,solutions and technologies that enable customers, large and small, to takefull advantage of the new era of e-business. For more information aboutIBM, visit http://www.ibm.com.
Jill HoltIBM Media Relationsp.914.766.4123m.917.287.9640jolt@us.ibm.com
SOURCE: IBM
Source: marketwire
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