News in Brief

Posted on June 5th, 2008

QuiC Achieves Landmark Speed With Intel Technology and DataSynapse
Making Intel fasterLAB Work Faster
Red Hat Talks Business Value at SIFMA
STAC: Harpertown Cuts RMDS Power Consumption 16%
JPMC, Swift & Red Hat Present at Intel’s fasterCITY event in London 23 June

QuiC Achieves Landmark Speed With Intel Technology and DataSynapse

By running the Quad-Core Intel® Xeon® 5400 series processors on GridServer® software from DataSynapse, QuIC’s Unified Market and Credit Risk Solution has achieved extremely fast calculation time.

“During our test, we ran two Integrated market and credit risk portfolio calculations featuring this new technology engine and the results beat our expectations for speed and reliability,” said Tony Coppellotti, chief technology officer for QuIC. It found that Intel’s latest generation of 45nm Quad-Core Intel®Xeon® 5400 series processors deliver ultra-low latency and significant performance increases in algorithmic trading, direct market access, and market data delivery.

QuIC ran the tests on DataSynapse’s GridServer software which dynamically scales enterprise application services based on performance and business requirements. www.quic.com

Making Intel fasterLAB Work Faster

CohesiveFT have deployed their Elastic Server product at Intel fasterLAB to identify the most cost effective way to deliver OPRA feeds with acceptable performance. Elastic Server automates the process of delivering custom application stacks to order, enabling Intel fasterLAB to set up and benchmark multiple test environments in less than an hour.

This testing follows from the breakthrough of 2007 where millions of OPRA mps was achieved using only one server, RabbitMQ AMQP, and Pantor FAST. This stack is now available in virtual formats accelerated by Intel VMDq enabling performance parity to be achieved at a lower cost.

Red Hat Talks Business Value at SIFMA

Red Hat will be at SIFMA in New York City on June 10-1 2 providing updates on how offerings like Red Hat Enterprise MRG (Messaging, Realtime, Grid), Red Hat Enterprise IPA (Identity, Policy, Audit), and Red Hat Enterprise Linux bring significant value to the financial services industry. For more information on meeting with Red Hat at SIFMA, contact financial@redhat.com.

STAC: Harpertown Cuts RMDS Power Consumption 16%

Reducing power consumption in the data center is a high priority for securities firms today. Intel’s recently released quad-core Xeon 45nm Harpertown processors decreased the server’s overall power consumption by 16% (333 watts vs 395 watts) and increased the server’s market data efficiency (updates per second per watt) by 19 percent over the previous generation Clovertown processor, STAC found. It ran a market data load of 2 million updates per second across a stacked RMDS configuration that utilized as many of the 8 cores in this system as possible.

JPMC, Swift & Red Hat Present at Intel’s fasterCITY event in London 23 June

John O’Hara JPMC will provide context, Carl Trieloff will explain the value of integrating Red Hat’s AMQP Messaging, Realtime Linux, and Grid Computing into a high performance distributed computing platform. STAC has recently published a report which discusses record¬breaking RMDS 6 performance on Red Hat Enterprise Linux 5.1 and Intel Xeon 5160.