Nastel Takes Strong 2012 Momentum into Event to Showcase Real-Time Monitoring Expertise
MELVILLE, N.Y. – April 22, 2013 – Nastel Technologies, a premier global provider of application performance monitoring solutions for mission-critical applications from the datacenter to the cloud, today announced that it will be sponsoring a case study on real-time monitoring of Dodd-Frank trade reporting at the IBM Impact 2013 show. The conference is being held at The Venetian and The Palazzo Hotels, April 28 through May 2, 2013, in Las Vegas.
Nastel will sponsor the session entitled “How Technology is Used for Real-Time Monitoring of Dodd-Frank Trade Reporting.” The session will take place Monday, April 29, at noon PDT in the Venetian – Marcello 4403 room. Attendees will be entered into a drawing for a free tablet.
The session will examine Nastel’s work with a customer to deploy real-time monitoring of the Dodd-Frank regulation to ensure all trade lifecycle events are reported and positively acknowledged in a timely manner. The solution, known as AutoPilot® for Dodd-Frank Compliance, pulls relevant data in real time from the IT infrastructure and related databases to create a custom view for the business to use in order to ensure compliance. A key component of the requirement was to automatically track or “stitch” Swap activities within the dealer, reports to the Global Trade Repository and their acknowledgement into an end-to-end, real-time visualization of a trade.
“We feel that many financial institutions are still trying to find out the best way to navigate through Dodd-Frank compliance rules, and monitoring of trade reporting in real-time is a major challenge for those institutions,” said Charles Rich, vice president of product management at Nastel. “This case study shows that AutoPilot can monitor compliance and proactively alert the business on actual or potential breaches in responsibility. As we move forward, this type of compliance monitoring will become important not just for U.S. companies but for other international companies facing similar regulatory rules in their countries as well as in other industries such as healthcare.”
In addition to the sponsored session, Nastel will be at the show in Booth z2 demonstrating its solutions for real-time monitoring of the IBM WebSphere family of products, System z, custom applications and compliance. AutoPilot for Dodd-Frank Compliance will be available for sale starting April 30.
In 2012 and early 2013 Nastel has seen significant activity in new product launches and business momentum including:
- Being named one of the elite vendors for application performance monitoring by analyst firm Enterprise Management Associates.
- On the product front, Nastel released AutoPilot 6.5, the first unified platform to manage multiple middleware technologies with a single solution.
- Nastel also released MQSonar™, its second freemium product for isolating faults and measuring baseline performance of applications based on IBM’s WebSphere MQ (WMQ).
- Nastel went on to release its third freemium offering, AutoPilot Heap Detective™, which diagnoses memory leaks in Java applications.
- Nastel’s channels expanded with growth in the HP channel and a new channel relationship with CA Technologies.
- Nastel hired IT sales industry veteran Larry Jeshiva as vice president, North American Sales, and Darren Riley as director of EMEA operations.
“Nastel saw very positive changes in 2012 in terms of product innovation and business growth,” said David Mavashev, CEO of Nastel. “We are carrying this momentum forward into 2013 where we will continue to develop and improve our application performance technologies and position ourselves for additional growth.”
Nastel also is participating in the CA World ’13 conference in Las Vegas this week, April 21-24. In a session entitled “Introducing Nastel AutoPilot for WebSphere MQ Management,” Nastel will discuss how AutoPilot for WebSphere MQ extends the CA Technologies performance offerings, including CA APM, CA Cross-Enterprise Application Performance Management and CA SYSVIEW Performance Management. Nastel will demonstrate at Booth EC_MNF_620 at the Mandalay Bay Resort and Casino.
Nastel Technologies is a premier global provider of application performance management solutions for mission-critical applications from the datacenter to the cloud and is the only monitoring vendor with a unified platform to support all software and appliance-based middleware technology requirements. Nastel is a privately held company headquartered in New York, with offices in the U.S., the U.K., France, Germany and Mexico, and a network of partners throughout Europe, the Middle East, Latin America and Asia. For more information, visit us at www.nastel.com.