Source: Market Systems Technology
Market Systems Technology, Inc. (MST), provider of high-performance, low-latency solutions for the financial services industry, today announced that its Market Access ticker processing and Market Data Network messaging middleware systems now support Concurrent Real-Time Extensions (RTE) Powered by SUSE Linux platform from Concurrent Computer Corporation.
RTE is a version of the popular SUSE Linux platform from Novell enhanced with Concurrent's field-proven, real-time Linux extensions.
Jack Swan, MST's President, said, "Financial services firms seek reduced latency to gain a competitive advantage, and the proven performance of Concurrent's Linux extensions provides guaranteed, deterministic response times and eliminates spikes in latency. Coupling this technology with our products and Novell's support organization and experience allows us to deliver ultra-low latency, scalable, reliable solutions with a low total cost of ownership and a level of service and support demanded by enterprise customers." Both solutions are available immediately, in standalone and hosted configurations.
"The improved predictability of data delivery with Concurrent Real-Time Extensions (RTE) Powered by SUSE Linux platform will translate to an elevated quality of service and competitive positioning," said Warren Neuburger, COO of Concurrent. "We are pleased that our partner Market Systems Technology is taking a lead on leveraging RTE to help financial firms realize these key business benefits."
"Market Systems Technology's adoption of (RTE) Powered by SUSE Linux platform empowers financial institutions to reap the performance benefits of real-time computing for system performance and mission-critical reliability. The addition of Market Systems Technology to Novell's global PartnerNet network helps us extend the benefits of SUSE Linux Enterprise platform to financial institutions worldwide." said Kimberly Lorusso, Industry Marketing Manager, Financial Services, Novell.
MST's Market Access ticker plant can process hundreds of thousands of messages per second of financial market data, from hundreds of sources. Market Data Network messaging middleware can distribute over one million messages per second, supporting thousands of client applications. These highly scalable products provide high performance and reliability at low overall cost. In a standard installation, typical latency for each system is less than one millisecond. With these solutions deployed on the Concurrent Real-Time Extensions Powered by SUSE Linux platform, latency and response time can be reduced and guaranteed.