20 October 2017
Find out more

Exegy and Solace Systems form market data alliance

11 May 2010  |  1655 views  |  0 Source: Exegy

Exegy, the hardware-accelerated market data appliance company, and Solace Systems, the leading provider of hardware-based middleware, announced today an alliance for market data collection and distribution.

Large trading groups are increasingly using hardware-based systems to cope with the ever increasing volumes of market data, and traders need to collect and distribute data with extremely low, consistent latency. The Exegy Total Connect, Exegy's low-latency market data appliance, will work with the Solace Message Router to simplify the enterprise-wide distribution of market data.

The integration allows a single 2U Exegy Total Connect appliance to consume all available market data feeds and simultaneously distribute relevant data to hundreds of client applications through the Solace Message Router. Software-based solutions typically have a much larger footprint in the data center and suffer from latency jitter under load. The consolidation, out-of-the-box behavior and linear scalability associated with using appliances for both feed handling and distribution of market data reduces the cost and complexity of the system.

"Fast, predictable market data is the cornerstone of successful trading operations", said Shawn McAllister, Chief Technology Officer at Solace Systems, "The combination of the Exegy and Solace appliances provides a unique hardware-based solution for accelerating access to market data, whether in a co-location facility, or across the enterprise."

Scott Parsons, Exegy's Chief Scientist and Chief Architect said, "Our clients want to extend the ultra low-latency performance and space savings of our unique market data appliance to more and more users. Those same customers recognize the inherent advantages of hardware-based systems, so working with Solace is an obvious development. This powerful combination satisfies a growing need to deliver ultra low latency market data deeper into the enterprise."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16086 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8343 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7981 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7318 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6662 views comments | 10 tweets | 21 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job