News Flash- Global Investment Systems Partners with Oracle DB
August 9, 2004
Global Investment Systems has broken with Extended Systems, its longstanding database provider, and is now using Oracle's database platform to power its latest shareholder accounting system, formally known as MFACT. Mary Pizzichino, U.S. director of sales and marketing at GIS, said Oracle's database offers the power and functionality required by larger institutional customers that is lacking in Extended Systems' database. "This new functionality allows us to attract and serve those users with the development of the Oracle functionality for MFACT." In addition, Oracle's database provides greater flexibility than Extended Systems for interfacing with a wide variety of server operating environments, like Microsoft's Windows applications, UNIX and Linux, Pizzichino said. GIS intends to continue Extended Technology in MFACT applications intended for smaller customers, according to a statement from the company.