Abbey National Treasury Services Selects DataSynapse's Distributed Computing

NEW YORK -- After reviewing alternative vendor offerings and performing rigorous scalability and performance testing, Abbey National Treasury Services plc ("ANTS"), part of the Abbey National Group -- the sixth largest banking group in the UK has selected DataSynapse, Inc.'s LiveCluster(TM) solution as the guaranteed distributed computing infrastructure to support next generation financial application development corporate-wide. Powered by the GridServer(TM), LiveCluster 3G enables ANTS to leverage their computing resources, increasing the speed and reliability of their key risk reporting applications. The LiveCluster solution has gone live and is deployed with risk management and reporting applications in the bank's financial products division. ANTS was seeking a distributed computing solution with an extensible architecture. It was important that it support both existing and next generation applications as well as easily integrate with their current system environment. Using DataSynapse's LiveCluster solution will give them faster, more accurate results; improve existing hardware utilization and guarantee job completion. "The ability to rapidly implement a system that would provide a resilient, scalable architecture from which to run their critical business applications was of paramount importance to ANTS," said Willy Ross, Managing Director, DataSynapse -- EMEA. "They reviewed alternate solutions but ultimately found DataSynapse in the unique position of being able to offer this solution in an easy to integrate, turnkey package" "As ANTS expands further into complex derivative products, we place greater reliance on models for production of our risk data," said John Hasson, IT Director, ANTS. "LiveCluster provides us with a scalable and cost efficient platform for producing this data with minimal support overhead. To date, we have added internal applications to this infrastructure with relative ease; real business benefits are now being realized."