APPLICATIONS
Voltaire, HP & Intel Join Forces To Deliver Lowest Latency Over Reuters
- Written by: Writer
- Category: APPLICATIONS
Collaborative Solution for Reuters Market Data System Brings Market Data 50% Faster Than Traditional Environments Giving a Critical Timing Advantage to Trading Applications: Voltaire today announced that it is working with Reuters, HP, and Intel to provide the industry’s highest performance, lowest latency solution for advanced trading. The tuned configuration reduces the overall system latency by 48% and provides a 50% increase in messages per second at 1 millisecond according to independent testing by the Securities Technology Analysis Center (STAC). The solution enables firms to deploy a trading infrastructure that is optimized for high throughput, ultra low latency and high efficiency. Moreover, by utilizing blade servers, financial services firms can benefit from improved power and cooling and smaller space requirements. “Reducing transaction latency may be the most important race in the financial markets today,” said Patrick Guay, Senior Vice President, Marketing, Voltaire. “We are pleased to deliver a joint solution with Reuters, HP and Intel to help capital markets firms reduce end-to-end trade latency as well as gain linear scalability to address the increase in market data and trading volumes they are seeing today.” “The combination of the Reuters Market Data System, Voltaire InfiniBand solutions and HP platforms solves many of the latency problems our customers face with growing market data and trading volumes, said Mike Parlapiano, Executive Vice President, Global Head of Information Management Solutions, Reuters. “Algo trading firms that use this combination can make more trades in less time, directly improving their organization’s revenue.” This optimized configuration consists of Reuters Market Data System and the Reuters Tick Capture Engine (RTCE) installed on HP ProLiant BladeSystem c-Class servers with Intel Xeon processors and Voltaire Grid Director InfiniBand-based switches with Voltaire’s data acceleration drivers. The Reuters Market Data System is the leading direct exchange feed integration and distribution platform installed at over 2,500 Reuters customers and powering some of the largest automated trading applications in the financial industry. Reuters Tick Capture Engine powered by Vhayu Technologies is a patented high-speed data store and analytics engine used to capture and analyze market data at the speed of the market. Trading applications with an extremely low latency tolerance can be deployed alongside RMDS and RTCE on the same blade chassis, utilizing the latest in network and hardware technologies. HP BladeSystem c-Class, an ideal platform for High Performance Computing (HPC) clusters such as this, enables IT organizations and data centers to achieve new levels of operational efficiency and agility, reduce power and cooling costs, and reduce total cost of ownership. Quad Core Intel Xeon 5300 processors based on Intel Core architecture offer breakthrough performance and energy efficiency, with large 8MB On-Die cache and dedicated high speed interconnects. This enables reduced latency with sub-millisecond transaction times and more powerful market data delivery. Voltaire solutions provide 10 or 20 Gbps bandwidth utilizing InfiniBand and RDMA technology to deliver superior message delivery rates and significantly lower latency and CPU overhead. The turnkey solution is integrated, tested and supported by HP. “Networking performance often receives the most scrutiny when evaluating blade servers for low-latency trading environments. The good news is that Voltaire’s networking solution for the HP c-Class blades actually beat our previous record-setting RMDS benchmarks of InfiniBand on rack-mounted servers,” said Peter Lankford, Director, STAC. “Customers today require highly performing, highly reliable server platforms without compromises,” said Paul Miller, vice president of marketing for Industry Standard Servers and BladeSystem, HP. “HP ProLiant and BladeSystem c-Class servers provide performance, scalability and reliability without impacting latency making them the ideal platforms for algo trading institutions that rely on speed to maintain a competitive advantage.” “The long time collaboration among Intel, HP, Voltaire and Reuters is delivering a market data feed solution that will improve transaction performance while meeting the low-latency requirements of financial services firms,” said Jason Waxman, General Manager, High Density Servers, Intel. “Driven by the tremendous performance per watt capabilities of Intel Xeon dual and quad-core processors, this solution will help firms efficiently manage today’s enormous volume of transaction data.”