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Newsgroups: comp.sys.next.announce From: Christine <palmieri@NorthStar.com> Subject: PRESS RELEASE: STREETwise Trader Organization: Next Announcements Approved: sanguish@digifix.com News FOR RELEASE MAY 25, 1993 Contact: Christine Palmieri Sales Engineer NorthStar Technologies, Inc. 15 Maiden Lane, Suite 803 New York, N.Y. 10038 (212) 267-4100 ext. 170 (212) 267-4468 FAX info@northstar.com NorthStar Technologies, Inc. announces the release of : $TREETwise Trader(TM): The Complete Deal and Trading System NEW YORK, N.Y., May 25, 1993 - NorthStar Technologies, Inc. announced the release of $TREETwise Trader today. $TREETwise Trader is a complete equity system for hedge funds. It offers comprehensive deal management, trade execution, and securities position tracking. $TREETwise Trader was designed by a trader for traders to meet their specific deal and securities tracking needs. Traders can save time and phone calls by automatically faxing a variety of reports to brokers. Positions can be tracked by multiple users in real time. Cross-checking with the reference databases makes trade entry accurate and efficient. A multitude of reports keeps traders updated on deals, trades and positions. Reports can be automatically forwarded to brokers and trades can be uploaded to a clearing broker. The deal management subsystem offers tracking and reporting on deals from inception to execution of the initial public offering (IPO) including pricing, price history, rating, underwriters, brokers, securities information, broker phone activity and history. Broker indications and reports can be faxed automatically in bulk or incrementally. Buy-side trades can be executed directly from the deal subsystem. The trade capture and execution subsystem provides trade capture and reporting capabilities. Among the wide array of reports available are trade ledgers and blotters, profit and loss statements, and broker indications. Reference databases allow quick and easy access to supporting information and reports for securities, trading accounts, brokers, brokerage firms and holiday schedules. Securities position tracking displays positions, and profit and loss data for securities updated in real time. Multiple users can access this information. The end of day process conveniently automates daily closeout procedures including trade settlement, printouts of daily reports, upload of daily reports to a clearing broker, download to an accounting package and daily backup. About NorthStar: NorthStar Technologies, Inc. specializes in object-oriented, client-server technologies and in the rapid development of mission-critical custom applications. NorthStar has a diverse clientele, with emphasis on financial institutions. $TREETwise Trader is one of several NorthStar products written for the NeXTSTEP environment. Watch for more financial applications and tools from NorthStar. $TREETwise Trader is a trademark of NorthStar Technologies, Inc.
These are the contents of the former NiCE NeXT User Group NeXTSTEP/OpenStep software archive, currently hosted by Marcel Waldvogel and Netfuture.ch.