The Ericsson Clocksync service was designed on Windows 3.5 and it's purpose was to keep the system times between the clients and server on an even level. This was important for the named pipe connections, RDS and local database updates.
On later versions of Windows (2000, 2003 and XP) the inbuilt time synchronisation services are much better and there is no real need to have the Ericsson Clocksync service running.
I would be very careful turing off this service.
At one site we have experienced the database repopulation (RDS Schedule 2) taking almost 2 hours to complete with ClockSynch off compared to around 15 minutes after we turned it on. It seems as RDS still needs the Ericsson Clocksynch service even though NTP sure does a better job at keeping the time.
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