Sun plans to supply substantial computing resources throughout Asia to Algo Lab. The lab, which belongs to the enterprise risk company Algorithmics Inc., is part of Sun's continued commitment to the global financial services industry.

Algo Lab is designed to be unique, in-house solution center that pushes for best practice approaches to the implementation of Algorithmics' enterprise-wide management software and solutions. The lab is able to provide an off-line and predictable environment for product testing, knowledge transfer and services support.

"Within Algo Lab, all conditions of a representative client production environment -- data, analytics and reporting -- are replicated by the Algo Lab team to provide real-life simulation of a production environment," said Michael Zerbs, Chief Operating Officer at Algorithmics. "Algo Lab provides rigorous testing for client systems and Algo Suite configurations and it is a great benefit to have Sun servers on site due to their significant computing power and industry market share."

"We value our relationship with Algorithmics very highly and see them in a market leadership position in many aspects of risk management," said Nigel Woodward, global manager, Capital Markets and Securities at Sun. "Our relationship focuses on ensuring that Algoritrhmics' risk capability is supported across our technology architecture, including high-end UNIXR SolarisTM Operating System (Solaris OS), Linux and grid architectures. We see the collaborative work around AlgoLabs as an ideal way to proof point solutions for our mutual clients."

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