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Speed up your calculations

Released on = August 3, 2007, 1:11 am

Press Release Author = GridwiseTech

Industry = Financial

Press Release Summary = GridwiseTech, the vendor-independent expert in scalable
solutions, has released a demo application for the financial sector, integrating a
system that allows to distribute computation tasks onto multiple machines with a
Web-portal for easy mobile access. The demo presents how to speed up sophisticated
finance calculations, like forecasting portfolio Value, effectively, also by means
of the smartphone interface. It is available at www.gridwisetech.com/demo.

Press Release Body = Krakow, August 3 - GridwiseTech, the vendor-independent expert
in scalable solutions, has released a demo application for the financial sector,
integrating a system that allows to distribute computation tasks onto multiple
machines with a Web-portal for easy mobile access. The demo presents how to speed up
sophisticated finance calculations, like forecasting portfolio Value, effectively,
also by means of the smartphone interface. It is available at
www.gridwisetech.com/demo.

The solution presented by GridwiseTech enables to make quick analyses, e.g. Monte
Carlo calculations of present and future portfolio value, e.g. monte carlo
calculations of portfolio value in future or defintion of stocks value in a current
time, also outside the main office, keeping all the important data secure on the
company\'s servers at the same time. Thanks to this, risk managers or financial
advisors will not only speed up their tasks, thus being more competitive, but also
be able to present the outcomes live to the client.

"As a vendor-independent expert we intended to present separate technologies
seamlessly working together for the client\'s benefit. This demo is the tip of an
iceberg of possibilities in multi-vendor integration in banking and finance." - said
GridwiseTech\'s president, Pawel Plaszczak. "The decision on the optimal product
highly depends on a customer's particular requirements. We assist customers in these
challenging decisions as well as in the follow-up development and integration of
work. If you would like to make use of our unbiased expert knowledge, please use the
contact form at www.gridwisetech.com/contact."


# # #
About GridwiseTech
GridwiseTech is the vendor-independent expert in scalable solutions helping
customers in speeding up data processing, removing application bottlenecks and
building complete scalable systems. The company introduce modern concepts of Grid,
virtualization, service-oriented architecture (SOA) and application-driven portals.
GridwiseTech offers management consulting as well as comprehensive technical
assistance in integration of multi-vendor components.
The company is present in Europe, Asia and the US, serving a wide variety of clients
ranging from Fortune Global 500 companies to small and medium enterprises, to
research and government agencies. For more information please visit
www.gridwisetech.com.

Web Site = http://www.gridwisetech.com

Contact Details = Lukasz Wilczynski
GridwiseTech
Phone +48 12 294 71 20
Mobile +48 505 098 062
lukasz.wilczynski@gridwisetech.com
www.gridwisetech.com

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