17 January 2018
visit www.avoka.com

Asperatus Capital chooses NovaSparks for deterministic FPGA market data

15 November 2012  |  2172 views  |  0 Source: Fixnetix

Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today long-time customer Asperatus Capital has chosen NovaSparks for deterministic FPGA market data.

Fixnetix and NovaSparks are financial technology (FINTECH) vendors servicing investment banks, hedge funds, proprietary trading firms and market makers. Customers such as Asperatus Capital choose to outsource technology based on time savings, ease of integration, bespoke design, expert support and most importantly, low cost of ownership.

"Integrating additional technology from Fixnetix to advance latency savings with NovaSparks FPGA just means our team can focus on what is clearly important; following alpha," says Matthew Copping, Chief Technology Officer for Asperatus Capital.

"Fixnetix and Nova Sparks installed and tested the FPGA with minimal downtime or issues. We will be able to add additional markets due to theNovaSparks normalisation layer. Rapid roll-out of new markets only benefits Asperatus."

On March 22, 2012 Fixnetix and NovaSparks announced a strategic alliance in response to financial community demand for the strongest outsourcing model. The combined offering of Fixnetix global managed services and NovaSparks sub-microsecond low latency FPGA data feed handlers offers the market the ability to adopt leading edge FPGA solutions on a utility basis, quickly, inexpensively and with a lower TCO.

"As an established financial technology provider, Fixnetix prides itself on customer retention and satisfaction," says Hugh Hughes, Chief Executive of Fixnetix. "Successfully deploying the NovaSparks FPGA appliance for Asperatus Capital allows our customer to focus on what's important; trading."

"Together, Fixnetix and NovaSparks are lowering the technology risks trading companies face while helping the industry to move toward a deterministic market data infrastructure" commented Yves Charles, CEO NovaSparks. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.vasco.comvisit www.thomsonreuters.info

Who is commenting?

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11711 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9860 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9620 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9344 views comments | 17 tweets | 13 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9191 views comments | 14 tweets | 16 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job