Prof. Salvatore J. Stolfo

Department of Computer Science, Columbia University, New York, NY 10027
sal@cs.columbia.edu

Member of the Polytechnic University Center for Advanced Technology

ALEXSYS - Mortgage-backed Security Trading in Parallel.

One test program developed to demonstrate PARADISER not only provided a benchmark to evaluate different parallelization strategies (each having different scaling characteristics), but the application itself was very useful and quite lucrative. The ALEXSYS program is not only being used by Citicorp in its mortgage backed security trading unit, it is also licensed to Thompson Financial Systems, Inc. who expects to deploy it to over 200 installations. ALEXSYS is patent pending. The patent has been allowed and is expected to issue August 1996.
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