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Nicholas-Applegate Picks Sun Platform
Having replaced its entire Silicon Graphics-supplied server infrastructure with a Sun Microsystem Enterprise-based platform during the latter part of last year, Nicholas-Applegate Capital Management is revving up for the next phase of its global implementation of a multiple-tiered IT architecture.
Founded in 1984, San Diego-based Nicholas-Applegate Capital Management (NACM) manages more than $32 billion in U.S. equity and fixed-income assets and in international equity assets for institutional, retail and private accounts, and mutual funds.
The Sun Microsystems deployment represents the lower database tier of NACM's strategy. Meanwhile, officials at the firm say one of the purposes of the multi-tiered architecture is not only improved performance and availability, but also to acquire the flexibility to change accounting systems and or change databases. SunGard Data Systems' subsidiary Shaw Data serves as NACM's portfolio accounting service bureau.
"Basically we're talking about re-hosting the database," says NACM's CIO, George Kenney. "Our main database in Sybase used to be hosted on SGI boxes before we moved them over to Sun, so it was more of a physical re-architecting, than logical." SGI had a two-year run at NACM before officials at the firm gave Sun the nod.