McObject®, provider of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced today that the company has joined the STAC® Benchmark Council, a group of trading firms and vendors specifying standard methods for measuring the performance of trading systems.
Driven by end-user firms, STAC Benchmarks™ are the best-known technology specifications designed to measure the capabilities of competing solutions in today's high speed trading environment. Technology addressed by the benchmarks includes ticker plants, trading platforms, order management systems, risk management systems, and more.
"In an industry where the difference of a millisecond can mean millions of dollars in lost trading revenue, clearly defined metrics for technology performance are critical," said Steve Graves, president and CEO of McObject. "We're proud to join the STAC community as it uses and enhances standards by which capital markets firms can honestly assess and optimize the performance of their high performance trading and data center capabilities."
Built on a core in-memory database system (IMDS), McObject's eXtremeDB family of products offers low-latency, high scalability and reliability for real-time, high performance financial applications.