Posted on May 22nd, 2008
QuIC Financial Technologies is boosting performance metrics for the company’s Integrated Market and Credit Risk solutions as a result of incorporating new technologies from Intel and DataSynapse.
By running the Quad-Core 5400 series processors on GridServer software from DataSynapse, QuIC’s Unified Market and Credit Risk Solution has achieved extremely fast calculation time. The portfolio benchmark which included Credit Derivatives, Interest Rate Derivatives, Equity Derivatives and FX Options was calculated within 40 minutes. In addition, performance metrics based on accuracy, reliability and interoperability were improved, resulting in more flexibility and lower costs for risk managers.
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Posted on February 27th, 2008
The Securities Technology Analysis Center (STAC) has performed a study comparing the power consumption of a server using Xeon 5400 “Harpertown” processors to the same server using previous generation ”Clovertown” processors, running a market data load of two million updates per second across a stacked Reuters RMDS configuration that utilized as many of the eight cores in this system as possible.
The Harpertown processor decreased the server’s overall power consumption by 16 per cent (333 watts versus 395 watts) and increased the server’s market data efficiency (updates per second per watt) by 19 per cent (6010 ups/W versus 5060 ups/W).
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Posted on January 15th, 2008
The Securities Technology Analysis Center (STAC) has tested GemCache Data Transactions, an integrated solution from GemStone Systems, IBM, and Intel configured to handle high-speed trade order messages.
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Posted on January 14th, 2008
QuantHouse’s QuantFeedhandler, its feed handler technology to standardize exchange raw market data feeds, is able to decode more than two millions messages per second, benchmark tests carried out at Intel’s fasterLAB in London, on several versions of the multicore Intel Xeon platform, have shown.
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Posted on November 29th, 2007
Aspeed Software is the first of Intel’s financial markets software partners to publish performance figures leveraging the Xeon 5400 chip. Benchmarking a single-threaded options pricing application, Aspeed reports that a 5400-based system delivers a 2.2-fold run time reduction while consuming just 13 percent more power, when compared to a Xeon 5100-based system.
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Posted on November 22nd, 2007
Intel has joined the The Securities Technology Analysis Center (STAC) Benchmark Council and has entered into a multi-year lab agreement with STAC as an innovation sponsor. The agreement builds upon a benchmarking relationship that Intel established with STAC over a year ago.
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Posted on November 12th, 2007
The revolutionary Xeon 5400 chip - the first based on its Penryn technology - was announced yesterday to power servers that will deliver significant performance and power consumption benefits across a wide range of low latency financial applications, including risk analytics, market datafeed handling and transactional execution systems.
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Posted on November 6th, 2007
Intel multi-core processors are delivering remarkable improvements in performance and scalability - revolutionizing the way applications are built and leading to a demand for new skill-sets in the software developer and architect communities. Leading financial applications, particularly in the demanding high-performance areas of trading and risk are driving this demand in the financial services industry.
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Posted on October 18th, 2007
Wall Street is hungry for processing performance – and with good reason. A perfect storm of factors including an increase in trading automation, more exchanges, growing data needs and ever-expanding trade volumes are driving the perpetual pursuit of greater performance and lower latency.
Latest technology benefits driving change on Wall Street
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Posted on October 18th, 2007
Results of a vConsolidate Benchmark performance test of the new Quad-Core Intel Xeon Processor 7300 series, jointly performed by Intel and Virtual Iron, show a remarkable improvement in virtualization performance and scalability.
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