MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, April 28, 1999 Morgan Speeds Web Portfolio Access EMC Corporation, provider of enterprise storage systems, software and services, announced that Morgan Stanley Dean Witter is implementing an information infrastructure around EMC Enterprise Storage systems and software to accelerate the roll out of new Web-based financial services. "There are huge revenue-generating opportunities for companies that can successfully blend financial services with the rapid-fire information delivery nature of the Web," explained Gary Hegedus, Morgan Stanley Dean Witter's senior vice president and chief information officer. Morgan Stanley Dean Witter is implementing EMC Enterprise Storage to provide 7.5 million customers with Web access to portfolio performance statements 24 hours a day, seven days a week. "Our new Web portfolio performance application consumes mammoth amounts of storage across both our mainframe and Windows NT environments," added Hegedus. "Consolidating it all onto EMC allows us to more flexibly and cost-efficiently manage our storage requirements and bring this new service to market more quickly." Printed from: MFWire.com/story.asp?s=24800 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |