Fujitsu Customer Chicago Board Options Exchange Wins CIO 100 Award for Information Technology Excellence
IDG’s CIO magazine today announced that the Chicago Board Options Exchange (CBOE), a Fujitsu Computer Systems Corporation customer, is a recipient for the 2007 CIO 100 award. The 20th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
The CBOE’s world-class Hybrid Trading System, which combines the functionality of electronic and open outcry trading, plays a key role in the CBOE’s success. Fujitsu PRIMEPOWER(R) servers provide the backend technology platform for rapid trade processing, while Fujitsu Stylistic(R) Tablet PCs combine flexibility and durability to ensure sub-second execution of customer orders and provide an optimal trading experience on a reliable, secure infrastructure. The CBOE Hybrid Trading System combines the point-and-click functionality of screen-based trading with the versatility of floor trading.
“CBOE’s Hybrid Trading System, designed and built in house, is the most advanced and refined model in our industry and distinguishes the CBOE in a crowded and competitive field. The Hybrid Trading System, which uses Fujitsu PRIMEPOWER servers and Tablet PCs, combines the functionality of electronic and open outcry trading, offering customers a trading experience that has helped to propel CBOE’s growth,” said CBOE Executive Vice President and Chief Information Officer Gerald T. O’Connell. “We are thrilled to be recognized by the CIO 100 Awards for the significant advances in trading technology that we have brought to the marketplace.”
In handling more than 33 percent of the options trading in the United States, the CBOE requires a robust and reliable platform to handle the millions of transactions processed each day. Fujitsu PRIMEPOWER servers deliver the computing power and bandwidth needed to support the CBOE’s ever-expanding needs. PRIMEPOWER servers featuring the high-speed SPARC64(TM) V processor achieve maximum throughput and uptime.
“We congratulate the CBOE on being honored by CIO magazine for its world-class trading system,” said Richard McCormack, senior vice president of marketing at Fujitsu Computer Systems Corporation. “Our innovative design and expertise in mission-critical computing environments allow us to deliver our customers with the highest level of performance and reliability to achieve bottom line business benefits.”
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