Low-Latency.com

As reported in Low-Latency.com’s sister title Market Data Insight in December 2007, LiquidityHub, a consortium of leading investment banks, has confirmed its selection of FioranoMQ from Fiorano Software, a provider of business integration and SOA-ESB middleware solutions, as its messaging infrastructure for implementation of its trade messaging system. LiquidityHub is using the FioranoMQ 2007 Real Time messaging system to support a low latency, high-performance operational environment. LiquidityHub has standardised on Fiorano technology to underpin all of its real-time fixed income trade messaging system requirements.

Fiorano News Release

Technorati Tags: LiquidityHub, Fiorano Software, FioranoMQ

Atrium Network, provider of connectivity for the global financial services community, has opened a new office in New York. Atrium Network offers low latency connections to all the US exchanges and ECNs, and offers US clients connectivity to the European exchanges and Chi-X Europe.

Atrium News Release

Technorati Tags: Atrium Network, ECNs, Chi-X Europe

29West says version 2.0 of the Ultra Messaging for the Enterprise (UME) product family will be generally available in February 2008. The early access version of UME 2.0 has been shipping for the past three months, and the GA date has now been set. UME 2.0 provides performance improvements and multi-site failover support, and parallel persistence design offering guaranteed message delivery with under 70 microseconds latency.

29West News Release

Technorati Tags: 29West, Ultra Messaging for the Enterprise, UME, parallel persistence

Interactive Data Corporation’s new European ticker plant for its Real-Time Services business has gone live. The new ticker plant provides latency gains of at least 80 milliseconds, significantly reducing delivery times for European consumers of European real-time data distributed by PlusFeed, Interactive Data’s low latency, consolidated global datafeed. All European customers receiving PlusFeed will benefit from this enhancement, the vendor says. Interactive Data is also announcing the availability of a low latency co-location facility. Customers in Europe will have the option of co-locating their applications in data centres close to the new London-based ticker plant to take advantage of the low latency delivery of European data.

Interactive Data News Release

Technorati Tags: Interactive Data Corporation, Interactive Data Real-Time Services, PlusFeed, co-location

Vhayu says 29 new customers globally were added to its client roster during 2007, tripling the company’s revenue in the process. The new customers have licensed Vhayu Velocity either directly from the company or as the Reuters Tick Capture Engine, powered by Vhayu Velocity, which Reuters resells under a non-exclusive licence. The associated growth in revenue reflects the increase in market data volumes and customer requirements for systems capable of supporting this surge in data, which is expected to continue well into 2009 and beyond, the vendor reckons.

Vhayu News Release

Technorati Tags: Vhayu, Vhayu Velocity, Reuters, Reuters Tick Capture Engine

Sun has joined the Securities Technology Analysis Center (STAC) Benchmark Council to help define standard performance metrics for trading technologies and has become an Innovation Sponsor for the Manhattan-based STAC Lab. On the STAC Benchmark Council, Sun will contribute to specifications under consideration by its participating trading firms. As an Innovation Sponsor, Sun is providing the lab with several of its latest technologies, including the 2U Sun Fire X4450 server with four quad-core Intel Xeon processors, the Sun Fire X4600 server with 8 AMD Opteron processors, and the 64-thread Sun T5120 server with UltraSPARC T2 processors and integrated 10 Gigabit Ethernet controllers.

STAC News Release

Technorati Tags: Sun, Securities Technology Analysis Center, STAC, STAC Benchmark Council, STAC Lab, 2U Sun Fire X4450, Intel, quad-core Intel Xeon processors, Sun Fire X4600, AMD, AMD Opteron, Sun T5120, UltraSPARC T2, 10 Gigabit Ethernet

Sandi Hennessy and Nathan Wolaver have joined Aleri’s sales team as regional sales directors. Hennessy, most recently with Teradata, is located in Los Angeles and will be focused on expanding Aleri’s footprint beyond the financial industry. Wolaver, previously a senior sales executive at Asset Control Systems, will be working out of Aleri’s new New York office and will be responsible for helping to manage and drive sales of the Aleri Streaming Platform within the financial services market in the North East region.

Aleri News Release

Technorati Tags: Aleri, complex event processing, Aleri Streaming Platform, Teradata

US market operator IntercontinentalExchange (ICE) says it has completed a two year upgrade of its technology infrastructure which included the transition of its futures markets to a new trading platform. The two-year initiative involved the rebuilding and optimisation of ICE’s trading software, hardware, network and security components to increase speed, access, capacity, reliability and functionality. The exchange says its platform now delivers average transaction times of three milliseconds in ICE futures markets and a blended average of seven milliseconds for futures and OTC markets. ICE says the enhancements have also produced consistency in performance, with fewer than 0.5 per cent of all futures transactions resulting in transaction times of more than 50 milliseconds.

ICE News Release

Technorati Tags: IntercontinentalExchange, ICE, futures trading, average transaction times

IBM is expanding its business event processing software portfolio by acquiring AptSoft Corporation, a privately-held software company based in Burlington, Massachusetts. AptSoft’s business event processing software will complement IBM’s existing SOA software and related services offerings that span the WebSphere, Information Management and Tivoli brands, as well as RFID and Web 2.0 capabilities and industry-specific solutions, it says. AptSoft products will become part of the IBM Software Group WebSphere software brand. Financial details were not disclosed.

AptSoft News Release

Technorati Tags: IBM, AptSoft, business events software, complex event processing, SOA, WebSphere, IBM Information Management, Tivoli, RFID, Web 2.0, IBM Software Group WebSphere

SpryWare, provider of standardised low latency market data technology, is expanding its New York presence. SpryWare is already working with several clients in the region, it says, and the New York office will serve as the firm’s base for business development and support for the East coast. The office is designed to service SpryWare’s flagship product, the Market Information Server. On the sales side, SpryWare is bringing on board David Kaszovitz, most recently a member of the senior account sales team at Track Data Corporation.

Technorati Tags: SpryWare, low latency market data technology, Market Information Server, David Kaszovitz, Track Data Corporation