SpryWare, a premier provider of Ultra Low Latency feed handlers and direct market data technology, today announced their latest version of their direct feed handler technology, with an In-Process solution, breaking well in to the single digit microsecond latency arena.
The SpryWare Embedded MIS (Embedded Market information Server), deploys as a full In-Process solution, bringing SpryWare's robust feed handlers directly into the client trading application. This technology combines market data acquisition, normalization, and delivery with algorithmic trading engines into a single process. Gone are the delays associated with network hop latency, middleware distribution bottlenecks, double copies of data, and context switching overhead.
The SpryWare Embedded MIS addresses the expanding need for high-frequency, low-latency trading to enable the industry's top financial and investment firms to compete in today's rapidly changing capital markets. SpryWare is committed to delivering hardened, tested, low-latency solutions to customers.
"We are excited to offer the Embedded MIS to our new and existing clients" says Daniel May, Director of SpryWare. "By leveraging the same easy to use SpryWare API, existing SpryWare compatible applications can run on with little or no modification. Combining the new SpryWare Embedded MIS with new multi core processors from Intel, and dual 10GbE network cards from SolarFlare, has allowed us to create a technology stack that is unbeatable in latency, performance, and scalability" continues Daniel May.
SpryWare's low-latency market data solutions allow firms to run their proprietary high-frequency trading strategies In-Process, Out of process, or in a traditional network distributed mode.