Google Software to Power System for Analyzing Financial Markets
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SunGard Data Systems Inc. will use Google Inc. software to provide deep analysis of financial-market data for traders, helping clients deal with the gusher of information generated every day.
The system, based on technology that helps drive Google’s search and Gmail services, can process 6 billion trade messages an hour, according to a statement Wednesday. That could reach 25 billion, according to Neil Palmer, a partner at SunGard.