MCM will be combined with Resource IQ, a division of ADS Associates, Inc., a late 1997 acquisition, to form SunGard Treasury Systems. SunGard Treasury Systems will be focused on the development and support of global treasury and risk management systems for the corporate treasury function. It is the company's first release using the next generation object-oriented S language from Lucent Technologies. The S language release is more powerful and flexible while improving the consistency and robustness of prior versions. The S-Plus 5.0 release provides vastly improved memory resourcing, allowing users to process larger data sets faster than previously.
Capacity is included to analyze arbitrarily large data sets.
The release allows data to be imported from or exported to virtually any source. More statistical modeling and analysis tools are provided. Extensive and sophisticated calendar time series capabilities are new. All aspects of calendar time series are supported. The company expects to upgrade its products for other platforms using this new version of the S language.