A-Team Insight Author: A-Team
xCelor Taps Arista Application Switch for FPGA-based Ticker Plant, Pre-Trade Risk
Chicago-based market data feed specialist xCelor is getting set to release ticker plant and pre-trade risk functionality running on Arista Networks’ 7124FX Application Switch. The switch combines a Stratix V FPGA from Altera with a network switch for data processing as close to the network as one can get. The company is currently testing its...
EDM Council Promotes Data Management Maturity Model as Industry Standard
The Enterprise Data Management (EDM) Council has completed the core content of a Data Management Maturity (DMM) model aimed at helping financial services firms improve risk management and operational efficiency. The EDM Council expects the DMM to become an industry standard and suggests it could, in the long term, become a regulatory requirement for firms...
Boston Ships ARM-Based Servers
Server vendor (OK, they sell workstations too) Boston has begun shipping its Viridis server, which leverages low power ARM chips – most popularly found in mobile devices – from Calxeda. The rack mountable 2U server comprises 192 processing cores and is being pitched at high throughput applications, such as big data processing. Each server draws...
Winning the Big Data Race for Trading Communication
By Paul Metcalfe, Orange Business Serviceswww.orange-business.com Big data is increasingly becoming a key concern for technologists, especially with the recent introduction of recording for voice and SMS on mobile phones for trading activities in the UK. As additional voice recording requirements contribute to the growing repository of data firms have to hold to comply, the...
Dalglish to UBS as CTO of Group Data
Tom Dalglish has joined UBS as CTO, Group Data. In this role he will be “Making it easier to access reference data for the enterprise.” Dalglish was previously director and chief information architect, Equities at Bank of America Merrill Lynch, and also held positions at JP Morgan, Bear Stearns and Summit Systems. He is also...
FSB Private Sector Preparatory Group Agrees LEI Development Schedule
The first meeting of the Legal Entity Identifier (LEI) Private Sector Preparatory Group (PSPG) initiated by the Financial Stability Board (FSB) and held in New York last week consulted on the development and use of a global LEI system, concluding that any system should ultimately extend beyond financial markets to cover the global financial services...
TS-Associates Changes The Latency Management Game With Correlix Acquisition
TS-Associates has acquired the assets of competitor Correlix, a significant transaction that is likely to impact the dynamics of the latency management space. Most immediately, the acquisition brings it new customers and key functionality, including InfiniBand support, comprehensive trade flow analysis and a business-oriented user interface. Correlix’s RaceTeam service, which was adopted by a number...
Talking Reference Data with Andrew Delaney: Bringing Markit EDM to Market
In recent weeks, on my usual rounds of meetings in the City – and in New York during Sifma week – I have been peppered by questions about the recent spate of corporate activity among enterprise data management platforms. In the two most visible examples, big data vendors have snapped up small, second-generation EDM platform...
Anova Deploys Millimetre Wave Technology For New Jersey Wireless Network
When Anova Technologies announced recently that it had deployed a wireless network linking NYSE Euronext to Direct Edge, one word was missing from its press release: microwave. That’s because the connectivity specialist has gone in a different technology direction to the one in vogue right now as the basis for its wireless offerings. The radio...
Q&A: Bay Microsystems’ Gerry Jankauskas on Wide Area Network Latency Optimisation
As trading firms roll out their operations across geographies, connectivity and associated latency considerations move focus from local network fabrics to wide area ones. And that presents many new challenges. IntelligentTradingTechnology.com connected with Gerry Jankauskas, CTO at Bay Microsystems, to find out what part his company plays in the solution. Q: When was Bay Microsystems...