CDS

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CDS

Certificate of Deposit

A deposit at a bank or other financial institution that has a fixed return (usually via an interest rate) and a set maturity. The depositor does not have access to the funds in a certificate of deposit until maturity; in exchange, he/she is usually entitled to a higher interest rate. CDs are insured by the FDIC up to a certain amount and as such are a way to increase return for no extra risk. See also: Demand deposit, Real estate certificate of deposit, Negotiable certificate of deposit.
References in periodicals archive ?
NOTE TO EDITORS: Amdahl IT Services news releases are available on the Internet at [pilcrow (paragraph sign)] http://www.
On the successful conclusion of this project with Commerzbank's investment banking, Detlev Prewe, vice president Strategic Accounts, Amdahl Germany commented: "In this field of Business Continuity it is about millions and billions of dollars -- the failure of one single application in the trading rooms can cause gigantic damages or failure costs per hour.
Sun's iForce(SM) initiative emphasizes strong and sustained relationships and our alliance with Amdahl is a great example of how the iForce is bringing together best-of-breed partners to provide the strongest solution possible," said Jim Totte, Regional Director for Sun Microsystems.
By working together, Sun and Amdahl have reduced costs and improved operations for customers through: re-hosting mainframe applications to Sun Solaris(TM) operating environment; implementing server and application consolidation; new storage architectures (SAN, NAS, and host attached) and heterogeneous environment support, including architecture, implementation, management, and support services for System/390(R), Sun's Solaris operating environment, and NT(R).
Comprising over 500 group companies and affiliates worldwide -- including ICL, Amdahl and DMR Consulting -- it had consolidated revenues of 5.
Amdahl Software provides leading-edge software solutions to companies that demand e-business performance and application availability across the enterprise.
There are others that offer partial eCRM solutions, but with Amdahl and UCMS, businesses will now have a complete one-stop solution.
We thank David Wright for his many contributions during the 14 years he has been with Amdahl, and we wish him well in his future endeavors," said Takesi Maruyama, chairman of Amdahl's Board of Directors.
The agreement leverages both Amdahl and DMR Consulting's recently announced Extended Enterprise (EE) Platform and covers the entire suite of Oracle enterprise software including manufacturing, human resources, supply chain management, customer relationship management (CRM), and financial systems.
Amdahl Corporation and LECTRIX LLC today announced a global teaming agreement that will enable new application service providers (ASPs), Internet service providers (ISPs), Data Co-Location centers and other companies to acquire single source, turnkey data centers with reliable, guaranteed power anywhere in the world.
Amdahl Corporation today announced the successful completion of a major data migration service for Acxiom(R) Corporation and one of its largest outsourcing clients, while both companies ran business operations as usual.