News, thought leadership & resources on low-latency applications, technologies & architectures.
Trading network infrastructure latency management systems provider Corvil has secured $12 million in a new round of funding from Vesbridge Partners, which joins existing investors ACT Ventures and APAX Partners, to lead the new round. Vesbridge’s Zenas Hutcheson has been named to Corvil’s Board of Directors.
Sun Microsystems has announced new benchmark performance results for Thomson Reuters market data platform. The new benchmark demonstrates that running the Reuters Market Data System 6.0.3 (RMDS) platform on Intel-based Sun technology breaks the million-messages-per second barrier, as well as offering the lowest available network latency on a 1Gb Ethernet.
STAC has just posted test results of guaranteed messaging workloads on the Solace 3230 Content Router from Solace Systems. The tests included Linux-based clients connected to the router via switched gigabit Ethernet. The tests involved heavy duty message rates in client configurations that are relevant to trading scenarios like order execution. In addition, one test case simulated a significant failure event (loss of connectivity to over a third of the clients, followed by recovery) and studied the impact this had on the other clients.
Coral8, a leading provider of Complex Event Processing (CEP) software, has joined the STAC Benchmark Council and has also provided the STAC Lab with its event-processing platform (EPP) for end-user evaluations.
Celoxica Holdings, a specialist in accelerated and low latency computing, has signed a deal to deploy its accelerated computing solution at NYSE Euronext. Under the terms of the contract, Celoxica’s Market Data Accelerator, will be incorporated into NYSE Euronext’s network infrastructure and will enhance the monitoring of market data feeds, by providing both ultra-high capacity for processing volumes while achieving ultra-low single digit microsecond latency.
Twelve founder subscribers have signed up to a new co-location service from the Australian Stock Exchange (ASX) which promises to deliver the lucky dozen sub-millisecond access to the exchange’s ITS trading engine – vital for DMA and algorithmic trading.
Celoxica Holdings a leading provider of low latency trading solutions, has appointed John Oddie to the board as non-executive director and to take on the role of acting chief technology officer. In addition, Jean-Marc Bouhelier, who joined the board as a non-executive director in October 2007 takes on the chairmanship of the company and chief operating officer Antoine Rescourio becomes company secretary.
Aleri, a leading provider of enterprise-class complex event processing (CEP) technology, has signed a reseller agreement with Sybase that will provide organizations with an integrated platform that combines historical data and low-latency, real-time data. The agreement allows Sybase to resell Aleri’s CEP platform in conjunction with Sybase RAP – The Trading Edition.
GemStone Systems, a leading provider of the Enterprise Data Fabric (EDF) has formed a partnership with HCL Penstock, the financial services product engineering group of HCL Technologies, to leverage GemStone’s GemFire solution for HCL’s Enterprise Risk and Compliance product suite. The combined solution will offer a high performance, in-memory distributed operational data infrastructure that supports low latency, high scalability and resiliency along with high throughput data sharing.
Coral8, a leading provider of Complex Event Processing (CEP) software, has announced a reseller agreement with Sybase that will enable global organizations to easily implement high-impact, next generation event-driven applications within their enterprise information fabric. The reseller agreement allows Sybase to offer the Coral8 Engine and Portal as a general purpose CEP platform in conjunction with any Sybase solution globally.
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