18 December 2014

Atrium Network partners Novasparks on market data processing

15 June 2010  |  1607 views  |  0 Source: Atrium Network

Atrium Network, provider of smarter connectivity for the financial community, announced today it has partnered with Novasparks, the 'No LatencyTM' specialists in data packet processing solutions to offer trading participants a unique approach to ultra low latency, stable and scaleable market data processing.

NovaSparks's full FPGA solution provides full market data processing throughout the trading lifecycle. NovaSparks's technology is designed to deliver stable sub-microsecond deterministic performance for end-to-end feed processing including data feed handling, order book processing, index computation & delivery direct to the algorithmic trading black boxes. Delivered through unicast, multicast, one or 10 Gb and PCI-Express, NovaSparks' No LatencyTM market data ticker plant offers a proven, consistent and high performance approach, immune to market bursts and offering a fully scalable data input capacity.

Atrium Network offers direct access to multiple markets across Europe, North and South America. Atrium Network takes the lowest latency routes between the key financial centres by co-locating with every major trading venue to ensure that clients do not have to incur costs and risks of co-location themselves. The optimised end-to-end market data processing solution will ensure the lowest possible latency and operational excellence providing a stable, non-variable stream of data designed to help participants improve their overall trading performance.

The combination of the two next generation technologies provided by Atrium Network and NovaSparks is configurable with any trading platform and provides a measurement network monitoring solution accurate to the microsecond, allowing participants to measure the latency performance of their market data handling and order entry.

Commenting on the partnership with NovaSparks, Emmanuel Pellé, Executive Director of Atrium Network, said, "We are delighted to be partnering with NovaSparks in bringing this unique service to the market. The embedded monitoring feature with sub-microsecond precision will prove to clients that not only are they buying the best, but they can also measure that the latency truly is the best."

Eric Le Rolland, CEO of NovaSparks added, "Building on Atrium Netwoum Network's global scale and success, NovaSparks is delighted to partner to offer further significant advantages to trading participants. Launching initially in Canada and then rolling out globally we believe the combination of the NovaSparks Ticker Plant solution and Atrium Network's depth of reach and global access means that the race to zero just got easier. Providing direct optical interfacing at the venue and the client site further removes latency and we know that connectivity to Atrium Network's high-speed global network will deliver the optimum ultra low latency solution using the best technology available."

 

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