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OpTier Wins Innovation Award at 9th Annual Morgan Stanley CTO Summit

September 8, 2009

NEW YORK, Sept. 8 /PRNewswire/ — OpTier(R), the leader in Business Transaction Management(TM) (BTM) for the enterprise, today announced it has been recognized with a CTO Summit Innovation Award by Morgan Stanley at the company’s 9th annual CTO Summit. Each year, Morgan Stanley bestows the award on a highly innovative company that has presented at the CTO Summit and was subsequently deployed at Morgan Stanley. OpTier has worked with Morgan Stanley since 2004 and was first invited to present at the Summit in 2006. Several companies were considered for this year’s honor, and OpTier was chosen for the innovative implementation of its CoreFirst(R) software for BTM on Morgan Stanley’s new client-facing trading platform, Matrix.

OpTier’s CoreFirst software enables Morgan Stanley to monitor and improve trading transactions in real time across the Matrix trading platform, by helping to identify latency and concurrency issues in order to proactively prevent outages. This has helped to significantly improve service levels for Morgan Stanley’s trading clients.

The Summit, held last June in California, provides leading private technology companies with an opportunity to meet with key decision makers from Morgan Stanley’s Technology organization. In addition to providing an overview and update on Morgan Stanley’s technology strategy and outlook, the event provides an excellent opportunity for private companies to present their products and solicit feedback from Morgan Stanley’s senior technology architects and managers.

“Our goal when working with customers like Morgan Stanley is to build relationships and serve as a trusted partner helping them to manage IT from a business perspective,” said Israel Mazin, CEO of OpTier. “This recognition of our efforts from a customer is a tremendous honor for our company.”

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 37 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

About OpTier

OpTier(R) harnesses the power of real business transactions with its unique Business Transaction Management(TM) (BTM) software solutions. Our CoreFirst(R) product assures that business transactions flow smoothly within IT applications and infrastructure without bottlenecks or outages, for improved end-user experience and reduced cost. Our Active Context Tracking(TM) (ACT) technology delivers end-to-end visibility — of all business transactions, across all tiers, all the time — by continuously discovering the links between IT components and business services. It also prioritizes IT transactions and processes based on business needs, for true IT optimization. For more information, visit www.optier.com.

“Active Context Tracking,” “Business Transaction Management,” CoreFirst, OpTier and the tagline “Putting First Things First” are trademarks of OpTier.

    Contacts:
    Lindsay Diamond                   Avi Dines
    OpTier                            Schwartz Communications, Inc.
    212-679-2700                      781-684-0770
    lindsay.diamond@optier.com        OpTier@schwartz-pr.com

SOURCE OpTier


Source: newswire



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