History

In 1955, on-line meant you were making a bank deposit, deals were signed by handshakes, and people knew their neighbors. It was a year of eminent progress in an era of simplicity, when a young entrepreneur named George Davidsohn laid the cornerstone for an enterprise that would forever alter world finance.

Mr. Davidsohn was already being reputed as a prolific inventor whose original software designs enabled companies to significantly improve capacity through improved automation. Today his company is credited with copy-written innovations that are utilized by financial institutions worldwide.

In an environment of extremes where boom and crash are the daily jargon, sifting sense and security takes acute vision and unwavering honesty. As we are constantly designing new solutions and reinvent our own designs we introduce a new era, Davidsohn Global Technologies, Inc.

Davidsohn Milestones 1955 - 2009

2009

• Margining-On-Demand
• ATTLAS Cost-Based Accounting Compliance System
• Davidsohn-Software-On-Demand

2008

• Client Portfolio Margining and Cash Accounts implemented in Utopia System.
• The Davidsohn Group continues its tradition of creating state of the art systems.

2005

• Davidsohn introduces Lo-Cate system, an automated network for stock borrow messaging of thinly traded securities.

2004

• Mach 1 complies with mandated SFTI access.
• Mach 1 is now capable of executing 2ooo trades per second.

2002

• Mach 1 is upgraded to open architecture with Java and is Internet-enabled.
• PowerCage (on the Web) is released for Solaris OS and Oracle 9i.

2001

• Mandated Decimalization changes implemented for the entire Davidsohn product line.
• Single Stock Futures added to Enterprise System.
• Server-side Java is implemented for PowerCage (on the Web).



2000

• Browser interface and PDF reports via e-mail is implemented on Enterprise System.

1999

• “What-If” calculator implemented in Utopia System.
• Davidsohn introduces the ground breaking ODYSSEY, the world’s first completely portable trading platform, utilizing Motorola’s PageWriter two-way pager system.

1997

• The Davidsohn Enterprise System is internet-enabled and Y2K ready.

1995

• The Utopia Credit Risk & Margin System is created for Morgan Stanley.
• Mach 1 Order Management System is created for many firms including Merrill Lynch Professional Clearing Corp.
• Net Capital Rule amendments implemented in Utopia System.

1994

• Davidsohn’s PowerCage (on the Web) System is created, which is the first real-time DTC Clearing System.
• Davidsohn installs the PowerPledge and PowerCage systems at Nomura Securities.

1991

• A “SMAC” System, developed by Davidsohn, is implemented at Morgan Stanley.
• CACTUS – Cash & collateral Treasury Update System is designed by Davidsohn.
• TAXI – Transfer Account Xchange Interface – the first system available to accommodate DTC’s new ACATS rules, is released to the industry.

1988

• Davidsohn installs the Mach 1 system as the primary trading platform for DBL, Spear Leads & Kellog and Wagner Stott Clearing Corp.

1985

• CHARM, an alpha-basic to C Code generator
• DART – Davidsohn Automated Real-Time Trading Platform.

1983

• Davidsohn releases VACCINE, the first known and commercially available computer virus software.

1979

• The Davidsohn System is implemented at Morgan Stanley and Smith Barney.

1978

• The Davidsohn Enterprise System, the third generation of Davidsohn’s complete Back-Office System, is developed and installed at Wagner Stott Clearing Corp.

1974

• George Davidsohn develops the second complete Back-Office System includingClearing, Settlement, and Books & Records functionalities.

1973

• George Davidsohn founds The Davidsohn Group, a subsidiary of George Davidsohn & Son, Inc.
• Davidsohn creates “Star System”- the first automated settlement processing system, through DTC, for Pershing.

1972

• An Options Margin System is developed for Pershing, coinciding with the onset of the CBOE

1969

• George Davidsohn sells his company to Control Data.

1964

• George Davidsohn coins the term and invents the process “Fluid Seg” for stock borrow & lending processing and optimal settlement processing.

1963

• George Davidsohn develops the first “Cage” Management System for Dean Witter.
• Davidsohn Computer Services creates the first automated trading system and P&S General Ledger Balancing System.

1961

• George Davidsohn writes the first Interest Calculation System for Dean Witter.
• Davidsohn Computer Services automates a dividend and reorg system as well as the first cashiering system.

1960

• Davidsohn Computer Services creates the first Segregation Compliance System, Stock Record System, and Statement Information System.

1959

• George Davidsohn creates the first computerized margining system

1957

• Davidsohn Computer Services becomes the fastest growing supplier of technology services to the financial industry.

1956

• George Davidsohn leaves Dean Witter to create Davidsohn Computer Services.

1955

• George Davidsohn builds the first computer system for Dean Witter, doubling their trade volume.