FalconStor, Voltaire Turbo-charge Xasax's Ultra-Low Latency Financial Network

FalconStor Software today announced that its technology has been chosen to enable Xasax Corporation to offer ultra-low latency financial market data to active trader and financial services organizations. The FalconStor Network Storage Server (NSS), powered by the FalconStor IPStor platform, provides storage virtualization and provisioning services, via industry standard iSCSI protocol, over a 20 GB/s InfiniBand storage area network, supplied by Voltaire VOLT. Xasax, whose clients include active traders, hedge funds, and other financial service organizations, provides market data, order routing, entitlement solutions and proximity hosting services. The blended FalconStor, Xasax and Voltaire technologies give traders access to high speed order execution; large, high-performance data stores; and trade management capabilities that were previously unavailable to the middle market. FalconStor NSS removes the complexity and expense from storage management by seamlessly providing SAN and NAS infrastructure and advanced enterprise class storage services for both networked and direct attached storage under a unified management umbrella across Fiber Channel and IP/iSCSI. "We are pleased to witness Xasax's ultra-low latency financial service network being powered by the world's fastest iSCSI implementation based on iSER", said Bernie Wu, Vice President of Business Development of FalconStor. "Besides exemplifying the robustness of our Network Storage Server, powered by the IPStor virtualization platform, this engagement also demonstrates FalconStor's continuing commitment to team with industry leaders to offer fully optimized, certified and integrated solutions to maximize the end user customer's ROI." "FalconStor's technology is helping Xasax to change the game of trading by offering technical services previously unavailable to mid-market financial organizations," added Noah Lieske, Founder and CEO of Xasax. "This killer-combo enables any device with InfiniBand HCAs, hosted in our proximity environment, to have substantive throughput to disk, all in a highly available configuration." "Using this solution which combines iSCSI and InfiniBand, Xasax was able to improve their storage performance by five times, while running a unified server and storage switching backbone," added Asaf Somekh, Vice President, Strategic Alliances, Voltaire. "This solution extends Voltaire's offerings into the storage and middle markets, as it is attractive to IT operations of all sizes that require fast access to large amounts of storage."