SunConnect Architecture Powers Secure, Integrated Online Markets Portal for Dresdner Kleinwort Benson

Strategic Insights -

Dresdner Kleinwort Benson, the investment banking arm of Dresdner Bank, has selected Sun Microsystems' servers and the SunConnect architecture to unify its electronic product offerings and provide direct access to global capital markets through its proprietary Online Markets Portal. The SunConnect framework enabled the bank to develop a scalable, secure, and cohesive infrastructure for its electronic services, while maximizing the use of legacy systems. The Online Markets Portal offers a range of trading products and services, news, market data, research, and analysis to institutional clients, corporate customers, and banks. The system's trading capabilities are being continuously extended, with money market applications set to launch in the near future.

Key Takeaways:

  • Dresdner Kleinwort Benson selected Sun Microsystems' servers and the SunConnect architecture to develop its Online Markets Portal, a unified electronic offering for clients.
  • The SunConnect framework enabled the bank to create a scalable, secure, and cohesive infrastructure for its electronic services, while maximizing the use of legacy systems.
  • The Online Markets Portal offers a range of trading products and services, news, market data, research, and analysis to institutional clients, corporate customers, and banks.
  • Matthias Leclerc, global head of Online Markets at DrKB, stated that the front office of investment banks will focus on risk taking, managing, and providing liquidity for electronic marketplaces, and interfacing with customers.
  • The robust and flexible environment provided by Sun's technology helped DrKB make the Online Markets Portal central to its business and support its move to streamline processes and electronic services.
  • The system currently runs applications for trading European government bonds, foreign exchange, exchange-traded products, German equities, bonds, forex options, and interest rate derivatives.
  • Money market applications are slated to launch in the near future.
  • DrKB's Online Markets Portal achieves quality of service by providing highly available applications connected to other technology resources anytime, anywhere.
  • Sun's technology enables Dresdner to further develop its suite of products and ultimately deliver Web-based services as a core business offering.

Statistics:

  • DrKB has implemented a system with trading capabilities for European government bonds, foreign exchange, exchange-traded products, German equities, bonds, forex options, and interest rate derivatives.
  • The system currently supports trading applications for 7 categories of financial products.
  • Sun's technology has enabled Dresdner Bank to develop a scalable and secure infrastructure for its electronic services.
  • The bank's Online Markets Portal offers a range of products and services to institutional clients, corporate customers, and banks.
  • The system is being continuously extended to support new trading products and services.

Sources:

  • PRNewswire, "SunConnect Architecture Provides Foundation for Secure, Integrated Online Markets Portal" (June 20, no year specified)
  • Sun Microsystems, Inc., About Sun Microsystems, Inc.
  • Sun Microsystems, Inc., The Network Is The Computer