Toomre Capital Markets - Partners

Toomre Capital Markets LLC enjoys strong relationships with leading organizations in their respective fields of expertise. For further information on each of these TCM client/partner organizations, follow the links provided below:

• Advanced Micro Devices, Inc.
• Coral8, Inc.
• Duff & Phelps - Corporate Value Consulting
• Fractal:Edge Limited
• G2 Systems, LLC
• Harrison Group
• Incremax
• Microsoft Corporation
• M.I.T. Auto ID Lab
• Och-Ziff Capital Management Group
• QuIC Financial Technologies, Inc.
• Strategic Directives
• Streambase Systems, Inc.

Streambase Systems and Advanced Micro Devices are both clients of Toomre Capital Markets’ risk technology services. Earlier this week, both companies jointly announced that Streambase’s flagship Stream Processing Engine is now capable of running in 64-bit mode, fully taking advantage of advanced 64-bit high performance computer chips like the AMD Opteron™ processor. As noted in this previous TCM post, systems based upon AMD Opteron processors enjoy a highly scalable architecture that delivers next-generation performance with twice the power efficiency of Intel chips (according to Sun Microsystems’ Andy Bechtolsheim in eWeek). With this Streambase software release, enterprises can effectively eliminate latency in processing real-time data streams while penetrating the physical barrier that limits applications to 4 gigabytes (GB) when using 32-bit systems. As the press release StreamBase Extends Enterprise Adoption with Accelerated Real-Time, 64-Bit Performance Gains states, “enterprises using StreamBase can react to real-time data faster and execute right-time business decisions that capitalize on opportunities and reduce risks.”

Streambase and AMD make a great combination in solving real-time Enterprise Risk Management issues and improving Economic Value Added (“EVA”). Toomre Capital Markets LLC assists enterprises to customize these tools to measure, monitor and manage each individual organization’s specific risk portfolio. Please contact Lars Toomre at TCM, Bill Hobbib at Streambase Systems or Dio Dipasupil at AMD for further information on how your organization can move to world-class, real-time Enterprise Risk Management.

As summarized in this article entitled Spending for Compliance and Corporate Governance to Account for 10-15 Percent of an Enterprise's 2006 IT Budget (CRM Today), increased corporate spending for compliance and corporate governance is having a significant impact on IT budgets, according to Gartner, Inc. According to preliminary results from Gartner's 2005 Financial Compliance Management Survey, IT financial compliance management spending will increase to between 10 percent and 15 percent of IT budgets in 2006, up from less than 5 percent in 2004.

This is a significant IT spending increase and bodes well for technologies that efficiently process streams of information in such areas as limits control, pre-trade compliance and operational risk applications. Toomre Capital Markets LLC consults with several risk management technological leaders that are worthy of further investigation in these areas, including QuIC Financial Technologies, Streambase Systems and CXO Systems. Please contact Lars Toomre or Aldon Hynes at Toomre Capital Markets LLC for further information.

The November 14, 2005 edition of The Wall Street Journal includes a front-page article by Don Clark entitled “ Power-Hungry Computers Put Data Centers in Bind.” This article details how the newest computer hardware – particularly the servers that run most business programs and Web sites – draw too much electricity and generate too much heat.

As Toomre Capital Markets noted back on October 12, 2005 in the post “AMD and Opteron Keep Gaining on Intel,” the AMD Opteron chips are twice as power efficient as the Intel server chips. The AMD Opteron server chips are a key way of reducing heat load in a data center while continuing to serve the multitude of Monte Carlo simulations that are part of modern Enterprise Risk Management measurement and monitoring.

The September 19, 2005 edition of Computerworld had a really great set of quotes from leading industry participants on the future of business intelligence. These quotes were so provoking that they have been reproduced here for future reference.

The Future of BI

SEPTEMBER 19, 2005 (COMPUTERWORLD) - We asked some BI industry experts and analysts for their boldest predictions about the future of business intelligence technology. Here's a collection of their most provocative thoughts:

Business intelligence is becoming more directly connected to business processes in two different ways. BI will be increasingly used to analyze business processes, and BI will also be incorporated within business processes. In the former case, expect to see business process dashboards as the next wave of business performance management, bringing together data on process events from multiple applications. In the latter case, expect to see BI moving from just providing information to decision-makers to actually automating repeatable, operational decisions for activities such as setting prices, inventory levels and many other areas that were formerly the domain of "gut feel." -- Henry Morris, analyst, IDC, Framingham, Mass.

Over the next five years, BI applications will become as commonplace as spreadsheet applications within all organizations that are midsize or larger. Organizations that utilize BI technologies most effectively will rise up as leaders within their industries and distinguish themselves from their competitors. Within the next two years, a significant event will expose the weaknesses of current approaches to securing data within the private or public sector that will cause politicians to enact legislation that will require greater security of data by using encryption technology for data storage and access. By 2015, BI applications will have evolved to handle structured and unstructured data and will become a component of a broader category called knowledge management. -- Jonathan Wu, senior principal, Knightsbridge Solutions LLC, Chicago

Over the next three years, the pervasiveness of business intelligence technology will explode, by as much as fivefold, as three technology trends converge: the availability of 64-bit in-memory processing technology improving BI performance by factors of 10 to 100; the service-enabling of business applications; and the growth of rich Internet applications, or RIA. Together, they enable organizations to leverage BI in new and innovative ways. Imagine you've been driving with the parking brake on, and suddenly you release it. You not only go cheaper and faster to the same places as before, but you also explore new places and opportunities. -- Lothar Schubert, director of SAP NetWeaver product marketing, Walldorf, Germany

Today is the 2005 High Performance on Wall Street Conference. Details on the conference can be found at this link.

The notable speakers include:

Peter Harris – President, Lighthouse Partners
Michael Shevlin – Director, Business Development, Intel
Adrian Kunzle – Managing Director and Co-head of Architecture, JP Morgan Investment Bank
Alan McCarter – Worldwide Deep Computing Sales Executive, Financial Services Sector, IBM
David Gelardi – VP, Systems and Technology Group, IBM
Chris Swan – VP, Information Technology, CSFB