Share |

Newswire

TMX-500 Message Switch Redefines Enterprise Messaging with a Smaller, Configurable, Energy-Efficient Solution That Sets New Benchmarks for Performance, Extensibility and Economics Tervela, the leading provider of open, intelligent, hardware-accelerated messaging systems, today announced the introduction of its Tervela TMX-500 Message Switch™. This new platform seamlessly extends Tervela’s product line while bringing a next-generation messaging architecture to a much broader enterprise and financial services audience with more functionality than ever before.

Messaging systems specialist Tervela has introduced the TMX-500 Message Switch, providing superior performance over its existing product, in a smaller package. The company says it already has some 20 orders for the new switch from existing and new customers - including hedge funds and investment banks - and expects to deliver them in the third quarter.

Volante Technologies, provider of tools for accelerated data management, today announced a new enterprise pricing model for Volante tools for integration, data management and data governance. In addition to perpetual licenses, Volante enterprise tools are now available by annual subscription incorporating all maintenance and upgrades. The result is dramatically reduced upfront costs for financial institutions seeking a comprehensive, unified approach to high-speed integration of incoming data, as well as standard connectivity across the enterprise.

Rapid Addition (“RA”) has today announced results of a sustained soak test of its flagship FIX engine over a continuous three-day period. The FIX engine processed more than 3 billion financial messages (inbound and outbound) with an average parse and transmission latency of less than 10 µs with a standard deviation of 3.9 µs.

Real-Time Innovations (RTI), The Real-Time Middleware Experts, today introduced the next generation of its low-latency messaging infrastructure. RTI Data Distribution Service, Financial Services Edition builds on RTI’s widely adopted real-time messaging middleware to reduce time-to-market and facilitate integration with trading applications.

SpryWare, a technology provider of standardized market data via direct exchange feeds, today released its latest ticker plant latency report, resulting in an average latency of just 63 microseconds (µs). The extremely low latency was run in an end-to-end test from financial exchange feed to client application. The test was performed using a live OPRA feed from its 48 data channels during market hours on June 9, 2009, on just a single Microsoft Windows 2008™ server.

This month’s bulletin from the Financial Information Forum (FIF) finds that NASDAQ hit several records on its data feeds including the NASDAQ Options Depth at Price (DAP) with 74,161 mps, a 20 % increase on the previous month..

GlobeOp Financial Services is now offering Managed Services in hosted data centers for hedge funds and other data-sensitive organisations challenged by increasing requirements and costs for business continuity and disaster recovery.

Fixnetix, a leading provider of ultra-low latency market data, trading access and exchange hosting services, and Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today announced that Fixnetix has expanded its operations to Equinix International Business Exchange (IBX) data centres in the New York and Chicago areas in order to offer the lowest latency US data and market access for European firms looking to trade in the US. The move, which builds upon current Fixnetix deployments at Equinix centres in London and Frankfurt, will also provide US-based trading firms, prime brokers and hedge funds with direct, low-latency access to key European markets.