About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Activ Taps Solarflare for Gen 3 Ticker Plant, Focuses on TCO Reduction

Subscribe to our newsletter

Moving away from its DIY past, Activ Financial Systems has turned to Solarflare to provide FPGA and network technology for its Generation 3 market data processing unit (MPU), which will be rolled out to customers from this month. While its use of FPGAs has low latency benefits, Activ CTO Mike Dunne says the increasing focus is on reducing total cost of ownership (TCO) for customers by reducing processing equipment footprint and related power consumption.

Activ’s Gen 3 ticker plant incorporates Solarflare’s ApplicationOnload Engine (AOE) technology, which marries an FPGA processor with a 10gE network interface, and Solarflare’s kernel bypass functionality for passing data from a network direct to a server’s main RAM memory with low latency and jitter.

AOE itself leverages a Stratix V FPGA from Altera, which has made it straightforward for Activ to port its existing code.  That code was written for the earlier Stratix II and IV processors that Activ used in its own accelerator card designs found in its Gen 1 and 2 MPUs.  Dunne says that the core firmware code has not required any changes to run on AOE, and benefits from the faster FPGA and increased input/output throughput to the main server.

The increased throughput provided by Gen 3 – in part required as data feeds from the likes of the Options Price Reporting Authority increase their capacity – means that less MPU appliances are required to handle a trading enterprise’s market data processing.

Dunne says this allows trading firms to reduce the TCO of their operations, with less equipment footprint required, less power drawn and less spent on cooling. “It’s no longer about reducing latency,” he notes, suggesting that “TCO is now the focus.”

Gen 3 is set to be deployed in customer sites and within its own co-lo facilities from this month. Activ is also working on the next – 1.13 – release of software for its MPU, which is expected to further increase throughput per server.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

TMX Agrees to Acquire Cboe Canada and Australia, Reshaping Canadian Market Structure

TMX Group has agreed to acquire Cboe Australia and Cboe Canada from Cboe Global Markets for US$300 million (C$409 million), in a transaction that removes TMX’s principal challenger in Canadian equities trading and listings and folds Cboe’s Australian venue into the Toronto-based operator’s growth ambitions. The Canadian component is by far the more consequential leg...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...