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first derivative

 
Sci-Tech Dictionary: first derivative
 
(¦fərst də′riv·əd·iv)

(mathematics) The derivative of a function, considered as a function of the independent variable just as was the original function from which the derivative was taken.


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Hoover's Profile: First Derivatives plc
 
(London AIM:FDP)
Contact Information
First Derivatives plc
First Derivatives House, Kilmorey Business Park, Kilmorey Street
Newry BT34 2DH, United Kingdom
Tel. +44-28-3025-2242
Fax +44-28-3025-2060

Type: Public
On the web: http://www.firstderivatives.com

Derivatives are financial instruments of no intrinsic value that derive their value from something else. First Derivatives, on the other hand, derives its value by customizing software and providing IT services for banks and other companies in the world of finance. So far, it has developed seven software packages, including a partnership with Kx Systems to provide the Kdb+ relational database management system. The company has officers in New York, London, and Ireland. Clients include European and US investment banks, financial software companies, and large financial institutions.

Key numbers for fiscal year ending February, 2009:
Sales: $25.8M
One year growth: 2.7%
Net income: $4.5M
Income growth: (25.4%)

Officers:
CEO: Brian Conlon
COO: Michael O'Neill
Finance Director: Graham Ferguson

Competitors:
DST
Misys
SunGard

 
 

 

Copyrights:

Sci-Tech Dictionary. McGraw-Hill Dictionary of Scientific and Technical Terms. Copyright © 2003, 1994, 1989, 1984, 1978, 1976, 1974 by McGraw-Hill Companies, Inc. All rights reserved.  Read more
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