Conference ulysse::rdb_vms_competition

327.0. "Ingres on Wall Street" by DPDMAI::DAVISGB (Let's get Relational!) Wed Apr 05 1989 18:19

Ingres Paints up The Town - Wall Street Computer Review  (4/89 - P 6)

The battle of the relational databases is starting to sizzle on Wall 
Street.  Ingres, by Relational Technologies, Inc., Alameda, Calif., is 
beginning to some sizeable sales.  Turnkey Solutions, a New York 
software developer, recently selected Ingres as part of a back office 
settlementsystem it is designing for an automated trading system.  The 
technology boutique is tailoring Ingres to handle multi-country 
instruments, with different currencies and settlement dates.

In a separate action, Chase Manhattan Bank designed a bond redemption 
system with Ingres for State of Israel bonds that has been operating 
since September 1988.

"We went from processing 500 to 2500 transactions per day," says Jay 
Palevsky, information systems officer.  Israel issued many bonds 
during the 1973 war, which are coming due now.  Chase's bond 
application operates on a Digital VAX 8530 minicomputer, supporting 40 
users.  Chase selected Ingres about five years ago, before Palevsky 
joined the bank.

Although Oracle's larger market share means Oracle programmers are 
easier to find, Chase still selected Ingres.  Why? "Architecturally, 
we think it's a better product, and secondly, RTI gives better 
technical support," says Palevsky.  But the race between Ingres and 
Oracle continues.  Both plan to release on-line transaction processing 
(OLTP) versions of their software.

    

And did you know that according to an article in InformationWEEK 
(April 3, 1989, p 14) by Charles Pelton and Kara Myers...

	"Relational Technology's goal is to have Ingres tools become the 
	standard for working with proprietary systems.  THEY ARE ALREADY 
	BUNDLED WITH DEC'S VMS OPERATING SYSTEM..."

Isn't that precious ???

Rick C  :-(