The Wallstreet FX ASP Delivery Model Is Here

Wall Street Systems recently announced the availability of Wallstreet FX via an ASP (Application Service Provider) delivery model.  By running their currency management solution on Wall Street Systems’ servers rather than their own, financial institutions gain quick and easy access to customized, real-time trade processing services with 24/7 application management and support.

This model eliminates the need for customers to maintain on-premises equipment or technical expertise.  A web portal allows financial institutions and other users to log in via a secured, private network, available to clients around the globe.  Implementation times for this service can be reduced by more than 50%.  Additionally, the solution allows customers to pay per transaction, rather than pay software license fees upfront.  The result is that clients can securely process the highest possible number of trades per day at the lowest cost. The Wallstreet FX ASP solution is provided by SAVVIS, a global leader in IT infrastructure services for business applications.  The SAVVIS infrastructure for Wall Street Systems is hosted from two of SAVVIS’ highly secure and geographically dispersed data centers.  It also includes comprehensive network management and monitoring services to assist with disaster recovery plans.  This arrangement addresses the most stringent concerns in the area of data and network security.  It integrates hosting and global private IP networking, and includes comprehensive network management and monitoring services along with a secondary site to assist with Wall Street Systems’ disaster recovery plans.  Additionally, the SAVVIS infrastructure runs as an SAS 70 Type II environment, which assists Wall Street Systems in addressing Sarbanes Oxley and other reporting requirements.  By partnering with SAVVIS, Wall Street Systems is able to focus on the management of the applications, while SAVVIS manages the security and the hosting environment.   You can register for an ASP trial on our website, or alternatively if you are a client call your account representative to find out more about our ASP offering, or would like to try our new software.