Content about Messaging, Data Fabrics and Local Networking

Helping fulfil TIBCO's vision for "Enterprise 3.0," TIBCO Software Inc. unveiled a new software platform for managing business rules and events in real time across disparate technology systems.

ITRS Group plc, the leading provider of predictive, real-time systems and application management products to the world’s financial community, is pleased to announce a new global partnership with 29West. Recently acquired by Informatica, 29West is the market leader in high-performance, ultra low-latency messaging solutions.

High-frequency trading is high on the agenda of the Securities and Exchange Commission (SEC) and two recently proposed rule changes could lead to a boon for technology providers. However, industry insiders caution that the SEC must be careful not to leak any intellectual property data it may gather from its increased surveillance of high frequency traders.

Note: This topic will be discussed at A-Team Insight Exchange on Monday, April 26th in NYC as part of a panel session including executives from Lime Brokerage, NYSE Technologies, Infinera, Colt and Cisco Systems.

STAC has released a second audited STAC-M2 Benchmark of products from Cisco, Solarflare, and Informatica (29West). This stack (SUT ID LBM100414) was the same as SUT ID LBM100402, except the switch was a Cisco Catalyst 4900M:

Solace Systems, the leading provider of hardware-based middleware, today announced a technology partnership with Redline Trading Solutions, a leading provider of low-latency market data solutions. The combination of Redline's InRush embedded ticker plant solution and Solace's Unified Messaging Platform will provide customers with a full solution for consistent, ultra-low latency market data acquisition and distribution.

Solace Systems, the leading provider of hardware-based middleware, today announced that Liquidnet has selected Solace’s Unified Messaging Platform as a key component of its liquidity matching service. After evaluating several messaging technologies, Liquidnet chose Solace’s messaging middleware for its fast, predictable performance, ease of use, and high availability architecture.

News of 29West's acquisition by Informatica broke on Monday morning (thank you for not trying to embargo the news, which most vendors hopelessly bungle). It was a surprise to me and to many people, but one that hasn't been greeted with much debate or discussion. Unlike the NYSE/Wombat acquisition of a couple of years ago, this one looks pretty straightforward, and sensible. So not a whole lot to write about from a news angle, though it's more interesting in the context of Informatica's other acquisitions and how the data management specialist might leverage 29West.

29West’s new owner, data integration software supplier Informatica, says the high-performance messaging specialist’s product roadmap will remain unchanged, with new product introductions expected in 2011. The 29West brand will be retained within the capital markets space, as the eight-year-old company and its 100+ financial services customers are subsumed into Informatica to become the company’s broader messaging unit.

Messaging specialist 29West is collaborating with Exegy to integrate the latter's hardware-accelerated ticker plant with its Latency Busters Messaging (LBM) middleware, in what the companies are pitching as a "strategic new offering" for enterprise-wide market data distribution. The tie-up provides 29West with new options for data feed handlers and Exegy with a high fan-out distribution mechanism, as well as a strong middleware partner.

ICAP, the world’s leading interdealer broker and provider of post trade services has selected Tervela and its TMX platform as the foundation for the global messaging infrastructure for its electronic broking division, ICAP Electronic Broking. ICAP is a major provider of global market information. The firm chose Tervela to address the information distribution demands of a worldwide network of electronic fixed income trading customers in both established and emerging markets.

29West, the market leader in high-performance, low-latency messaging solutions, today announced a new JMS (Java Message Service) API for their market leading, next-generation Ultra Messaging product family. The product provides a market standard JMS API that leverages the low-latency, brokerless messaging design of 29West’s Ultra Messaging with Queuing product (UMQ) to provide JMS performance with latencies in the sub-100 microsecond range, and throughput of over 1 million messages per second, on commodity hardware. The JMS API is an extension of 29West’s recently released Zero Object Delivery (ZOD) Java API that minimizes latency spikes normally caused by the Java clean-up process known as “garbage collection.”

Exegy Incorporated, the market data appliance company, has announced today that they are working with Essex Radez, a leading provider of direct exchange feeds and co-location services for algorithmic trading firms, as a partner on the first public website that tracks real-time market data rates every second of every trading day.