Sybase IQ Analytics Server Increases Reporting Capabilities for LoanPerformance
January 24 2006 - 8:00AM
PR Newswire (US)
TrueStandings Securities Reports Execute up to One Hundred Times
Faster on the Sybase IQ Platform DUBLIN, Calif., Jan. 24
/PRNewswire-FirstCall/ -- Sybase, Inc. (NYSE:SY), a leading
provider of enterprise infrastructure and mobile software, today
announced that by using Sybase(R) IQ, an analytics server which
provides among the industry's fastest query performance and
storage-retrieval functions for reporting on structured or
unstructured data, at the core of its new high speed version of
TrueStandings Securities, LoanPerformance, a subsidiary of First
American Real Estate Solutions and a leader in residential mortgage
data and analytics, can run analyses and reports up to one hundred
times faster than previous generations. "It's mission critical for
LoanPerformance to be able to offer its clients full access to the
mortgage industry's leading mortgage-backed and asset-backed
securities databases," said Charles Doucot, vice president, Sales
and Global Partner Program at Sybase. "Our goal is to help
companies like LoanPerformance achieve a competitive edge by
delivering fast, high-performance solutions to their customers on
industry standard platforms, and we are pleased to see the giant
leap TrueStandings Securities has taken with Sybase IQ at its
core." Sybase IQ is a highly optimized analytics server, designed
specifically to deliver ultra-high-speed business intelligence and
reporting on standard hardware and operating systems. With the
integration of Sybase IQ, which provides among the industry's
fastest query performance and storage-retrieval functions for
reporting on structured or unstructured data, TrueStandings has
achieved unparalleled performance. LoanPerformance securities data
is the core information that aggregators and securitizers use to
compete successfully in the marketplace. However, because the
volume of data LoanPerformance offers is so incredibly huge --
literally terabytes of information -- producing useful results has
typically caused users to have to wait significant periods of time.
"This isn't just a case of a few show-stopping improvements," said
Dan Feshbach, chief executive officer of LoanPerformance. "This is
an across-the-board upgrade that provides a whole new, entirely
different, experience for users -- especially power users." About
Sybase, Inc. Sybase is the largest global enterprise software
company exclusively focused on managing and mobilizing information
from the data center to the point of action. Sybase provides open,
cross-platform solutions that securely deliver information anytime,
anywhere, enabling customers and partners to create an information
edge. The world's most critical data in commerce, communications,
finance, government and healthcare runs on Sybase. For more
information, visit the Sybase Web site: http://www.sybase.com/.
NOTE: Sybase is a registered trademark of Sybase, Inc. or its
subsidiaries. All other company and product names mentioned may be
trademarks of the respective companies with which they are
associated. Special Note: Statements concerning Sybase's future
growth, prospects and new product releases are, by nature,
forward-looking statements that involve a number of uncertainties
and risks, and cannot be guaranteed. The words "anticipate,"
"believe," "estimate," "expect," "intend," "will" and similar
expressions relating to Sybase and its management may identify
forward-looking statements. Such statements are intended to reflect
Sybase's current views with respect to future events and may
ultimately prove to be incorrect or false. Factors that could cause
actual events or results to differ materially include shifts in
customer demand, rapid technology changes, competitive factors and
unanticipated delays in scheduled product availability. These and
other risks are detailed from time to time in Sybase's Securities
and Exchange Commission filings, including, but not limited to, its
annual report on Form 10-K and its quarterly reports on Form 10-Q
(copies of which can be viewed on Sybase's Web site). FCMN Contact:
firstcallsyb@sybase.com DATASOURCE: Sybase, Inc. CONTACT: Jenny
White, +1-916-984-6039, or , or Ruth Busbee, +1-415-618-8724, or ,
both of Citigate Cunningham, for Sybase, Inc. Web site:
http://www.sybase.com/
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