Source: GFI Group
GFI Group Inc. (NYSE: "GFIG"), a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets, announced it will deploy Flash Memory Arrays from Violin Memory to increase the speed and capacity of its trading platforms across all assets classes.
Replacing spinning disks with solid state storage is part of a larger project GFI is implementing to prepare its electronic trading infrastructure for its planned Futures Exchange "DCM" and Swap Execution Facility "SEF."
Jerry Dobner, Chief Technology Officer at GFI Group, said, "We looked to increase the speed, capacity, and density of our shared data storage platform and turned to Violin Memory to assist us. By embracing this new technology, our clients will benefit from faster transaction speeds and a highly scalable electronic trading infrastructure."
"We are excited about GFI's choice of Violin Memory, as it continues to prove that purpose built memory based solutions are the next step in IT infrastructure evolution," said Don Basile, CEO of Violin Memory. "Real time information access is today's reality and Violin is building solutions to enable organisations like GFI, which rely on timely information access, to achieve their business goals."
Violin Memory delivers storage at the speed of memory, accelerating business critical applications and enabling fully virtualised and optimised IT infrastructures. Violin's Flash Memory Arrays are all-silicon shared storage systems built from the ground up to harness the full power of flash memory and deliver industry leading performance and ultra-low data access latencies. With support for latencies in the 100s of microseconds sustained and 1 Million IOPS in a single 3 Rack Unit (RU) form factor, Violin is driving economics through performance.