Press release: for immediate release
ABN AMRO chooses Xenomorph data warehousing solution for relative value research group
London, England, 23 October 2002.
ABN AMRO has selected Xenomorph to deliver its market data warehousing solution for the relative value research group. The speed and performance of the data warehousing solution with its flexibility and wide choice of interfaces were the principle reasons for purchase.
Doug Huggins, global head of leveraged investor group at ABN AMRO, said, "We looked at a number of data warehousing offerings from different vendors. Xenomorph impressed us with their understanding of our business and technical requirements and high performance data warehousing solution, which meets our needs perfectly. We are looking at the possibility of extending our usage of the Xenomorph solution into other areas within the global financial markets division."
Brian Sentance, managing director of Xenomorph, said, "To remain competitive in the current challenging market conditions, both sell- and buy-side institutions need flexible, high performance data management solutions in place in order to produce the highest quality, most comprehensive research for clients. ABN AMRO relative value research have taken full advantage of the high performance possible with Xenomorph's data warehousing technology. Xenomorph have enjoyed working closely with ABN AMRO and are pleased to have met ABN AMRO's sophisticated requirements for proprietary analytics integration and advanced data management."
About Xenomorph
Xenomorph, founded 1995, is the leading provider of enterprise-wide data warehousing, calculation server and decision support solutions to the equity, fixed income and derivatives markets. Xenomorph clients include traders, risk managers, quantitative analysts and technologists in global investment banks, major asset management companies and hedge funds, in the world's main financial centres.
About ABN AMRO
ABN AMRO is one of the world's largest banks with total assets of more than USD 620 billion and a presence in over 60 countries. Its activities are grouped into three strategic business units: Wholesale Clients, which provides integrated corporate and investment banking services to corporate, institutional and public sector clients worldwide; Consumer & Commercial Clients, which focuses on retail and SME clients in a number of core markets; and Private Clients & Asset Management, which focuses on private banking and fund management clients.