Sun Microsystems has benchmarked Thomson Reuters RMDS 6.0 on a Sun Blade X6250 Server Module powered by two-socket 3.0GHz Quad-Core Intel Xeon E5450 processors (total 8 cores) system. After applying best tuning practices for the Solaris/Intel platform, the benchmark achieved one of the best latency numbers for RMDS on 1GbE infrastructure. Read more »
With the successful deployment of systems based on Intel® Core™ microarchitecture, Bohai Securities has effectively buffered itself against increased business demands and laid the groundwork for the securities house to greatly expand its services further.
Watch a short video about Intel’s efforts in reducing latency in the financial services enterprise. Click the box below to watch now (3:09 minutes in length).
STAC Research benchmarked the RMDS 6.3 on Intel® Xeon® processor 7400 series (formerly Dunnington)-based 24-Core server with Intel 10 GigE NICs and Cisco Nexus switch. Download the 14-page report below.
Middleware Innovation Slashes Latency and Hardware Footprint on Industry Standard Hardware
NEW YORK, Sept 22, 2008 – NYSE Euronext Advanced Trading Solutions, a world leader in low latency trading technology and division of NYSE Euronext (NYX), today announced an innovative software based solution that has the capability to comfortably handle 10 major US equities feeds on a single server with potential headroom of 3x current market peak capacity. The key ingredients of this implementation were its flagship high performance middleware, Wombat Data Fabric™ and its feed handler technology.
Aleri Announces Results of Second Commissioned STAC Performance Report
CHICAGO, September 22, 2008 - Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology, announced today that a second round of independent test results on the Aleri Streaming Platform have been completed and released by the Securities Technology Analysis Center (STAC®). The test provides a benchmark of the new 45 nm Intel® Xeon® processor 7400 series (formerly Dunnington) vs. the 65 nm Xeon 7300 (Caneland) that was used for the previous round of tests. Both tests were run on the Sun Fire X4450 running the Solaris 10 operating system. Results show performance scales linearly when going from the four-core Xeon 7300 processor to the new six-core Xeon 7400 processor, yielding more than 50 percent throughput gain as well as electrical savings.
A second round of independent test results on the Aleri Streaming Platform completed and released by the Securities Technology Analysis Center (STAC®). The test provides a benchmark of the new 45 nm Intel® Xeon® processor 7400 series (formerly Dunnington) vs. the 65 nm Xeon 7300 (Caneland) that was used for the previous round of tests.
Aleri recently completed its first round of STAC benchmarking, and the STAC report was just published. Aleri is the first CEP or real-time event processing/analytics platform vendor to be racked & STAC’d , as well as to have published certified benchmarks by STAC. STAC (i.e., Securities Technology Analysis Center) uses the term “Racked & STAC’d” to mean that a vendor has provided its product and has worked with STAC to ensure that the product is installed and ready for end-user benchmarking as desired. Read more »
In a recent article on the complexities faced by the New York Stock Exchange in going from 10 data centers to four, author Jon Brodkin outlines NYSE’s plans to use 1010data and Intel to consolidate and access terabytes of data. The article says, in part:
The information for the NYSE’s data products is stored in six Intel quad-core servers with “multiple terabytes” of direct-attached storage at the NYSE’s Manhattan data center. The NYSE chose to have 1010 manage the data remotely, freeing up the time of its own employees to focus on the NYSE’s areas of expertise.
In an article published during the SIFMA Technology Management Conference in June, Wall Street & Technology magazine took a look at the trend of virtualization in the financial services sector. Radakrishna Hiremane, senior product marketing engineer at Intel, was interviewed for the article. The following is a brief excerpt:
Intel’s Virtual Machine Device queues (VMDq), which are baked into the vendor’s 5400 “Harpertown” chipset and will be part of its other server chipsets going forward, offloads certain virtual machine software functions, such as the sorting of data, to hardware, speeding up the process, according to the company. Intel calls this hardware-assisted virtualization. Using VMDq on a 10gigE network interface card, Hiremane says, Intel has demonstrated a data throughput of 9.8 gigabytes per second.
Jonathan Schawartz, CEO and President of Sun Microsystems, recently blogged about a major milestone–achieving a speed record of one million messages per second. The feat was accomplished running Reuters Market Data System 6.0.3 (RMDS) on a Solaris 10 for Intel silicon.
Sun Microsystems (Nasdaq: JAVA) today announced new benchmark performance results for Thomson Reuters market data platform.
The new benchmark demonstrates that running the platform, known as Reuters Market Data System 6.0.3 (RMDS), on Sun technology not only provides the best throughput performance to date by breaking the million-messages-per second barrier, but also the lowest available network latency on a 1Gb Ethernet.
AUTOMATION AND STP, held 23 June in London, taped Intel’s sight of market innovation to paint a cross section across the rapidly changing landscape.
The life blood of financial services and global commerce is built around the exchange of messages between counterparties to trades and transactions.
Whether it be securities or trade value chains, agreements are struck to trade and settlement proceeds through to payment through mediums and parties often unknown to each other.
SWIFT has blazed the trail in standardizing settlement message formats and created a transition in the industry over the last 30 years. Other message formats and bodies have followed successfully, FIX Protocol Limited for equities, RosettaNet for technology, and technology and data initiatives such as FpML, AMQP.
Arriving at standards has proved an horrendous complex journey, during which time a thriving industry has been bred in technologies and ASP services between communicating lingua franca or simply take the pain away in an service contract.
Today we arrive at new market structures – RegNMS and MiFID have been commented upon in global securities, SEPA stands to change the landscape for European payments and new technologies could revolutionise the manner in which counterparties communicate – functional disintermediation through automation is a real possibility.
Venturing from the pre trade arms race of market data and trading – the fasterCITY schedule opened the post trade arena with this focus on the life blood of financial services - messages – and the drive to automate processes and achieve STP.
What verged on an AMQP conference –John O’Haraof JPMC set the scene by explaining the business rationale behind his and the banks’ vision to drive the establishment of this new paradigm in messaging technology. With a view to ubiquitous exchange of consistently formatted messages on de facto industry standard transport – John could see a world of increased communication, STP integration and reduced cost.
Carl Treiloffof RedHAT described how as a major open source based software operation RedHAT has embraced, invested and started to take the technology to market.
The panel mixed the discussion of AMQP technology with the useage of standards based messaging and how fuels and responds to the changes taking place in the market.Darrel Fieldingdescribed a world post SEPA where European Banks would see themselves defending their traditional payments and settlement business andTom Buschmannof TWIST endorsed a new world of free communication between corporations and providers of financial services.John Burtonof Petra Financial added the trade finance element and discussed how the SE Asian – northern hemisphere trade routes lays themselves open to new electronically automated processes – potentially circumventing and certainly accelerating traditional paper processes. John added that the frontiers of technology were moving, and that SE Asia was a centre for innovation with mobile computing – moving the compute envelope to new functions and fundamentally facilitating automation earlier in the trade to payment cycle.Matt Meinelof 29 West,Ben Hoodof Rabbit MQ andJason du Preevof m35 widened the technical perspective with links from transport through to message formats integrated with business processes – and where the latest developments were focussed.
SIFMA 2008 - Where we will be hosting events and talking with partners, clients and press all week!
Welcome back to Intelligence in Finance – our regular newsletter on technology related activities we see in global financial services. Launched in early 2007, we are revisiting the inaugural area of focus – trading.
An interesting year - let’s pick out some highlights.
Nigel Woodward
Global Director, Financial Services
Intel
Working with the Thomson Reuters RDMS in the Intel fasterLAB is akin to adjusting the spoiler on a Formula 1 race car by one degree to improve performance, says Paul Gow of the consultancy, CJC Ltd.
“The RMDS is very fast and it is a very resilient piece of software. It has a lot of parameters that can be tweaked to enhance the system, and a lot of those parameters are hidden and people don’t know they exist.”
With the successful deployment of systems based on Intel® Core™ microarchitecture, Bohai Securities has effectively buffered itself against increased business demands and laid the groundwork for the securities house to greatly expand its services further.
NEW YORK, Sept 22, 2008 – NYSE Euronext Advanced Trading Solutions, a world leader in low latency trading technology and division of NYSE Euronext (NYX), today announced an innovative software based solution that has the capability to comfortably handle 10 major US equities feeds on a single server with potential headroom of 3x current market peak capacity. The key ingredients of this implementation were its flagship high performance middleware, Wombat Data Fabric™ and its feed handler technology.
CHICAGO, September 22, 2008 - 
In a recent article on the complexities faced by the New York Stock Exchange in going from 10 data centers to four, author Jon Brodkin outlines NYSE’s plans to use 1010data and Intel to consolidate and access terabytes of data. The article says, in part:
In an article published during the SIFMA Technology Management Conference in June, Wall Street & Technology magazine took a look at the trend of virtualization in the financial services sector. Radakrishna Hiremane, senior product marketing engineer at Intel, was interviewed for the article. The following is a brief excerpt:
Sign up to receive
Intelligence in Finance Newsletter
(quarterly), and/or receive marketing updates
Loading ...