About Software AG’s Acquisition of Apama
This must be the week for complex event processing (CEP) operations to change ownership. Following on from the news of Tibco Software snapping up StreamBase Systems comes word that Software AG is acquiring the Apama division of Progress Software. The acquisition is an opportunistic one for Software AG, though it does fit nicely into its ‘big...
Q&A: ScaleOut Software’s Dave Brinker on Scaling In-Memory for Big Data Financial Applications
In-memory technology is finding new applications in the financial markets and in big data processing. We found out how ScaleOut Software is addressing these needs from the company’s COO Dave Brinker. Q: How did ScaleOut Software get started – what’s in the name and what is its focus? A: ScaleOut Software was founded by William...
NovaSparks’ STAC-M1 Benchmark Highlights Determinism Under Load
A just released STAC Report covering the performance of NovaSparks’ FPGA market data platform highlights not just its processing latency but also the deterministic nature of that latency under different data loads. The STAC-M1 benchmark (as defined by financial markets participants and administered by the Securities Technology Analysis Center) measures the performance of direct data...
Solace Boosts Messaging Appliance Throughput to 1.7PB/Day
Messaging specialist Solace Systems has introduced new network acceleration blades for its 3260 messaging appliance, capable of 40 gigabits/second bi-directional data transfer. That adds up, says the company, to a 80 gigabits/second total transfer rate, or 1.7 petabytes per day. Solace’s new offering is addressing the growing need to support “big data in motion” –...
BNY Mellon Report Explores Big Data in Finance, in the 21st Century
A report recently published by BNY Mellon – it’s available to anyone who request it from them – takes a look at big data, its definition and its potential, and “sketches its transformational influence on the 21st century global financial system, mainly from an asset management perspective.” The report was written by Jack Malvey, chief...
A Recruiter’s View: On FPGAs, Big Data And Women
Three very interesting features have emerged in fintech recruitment in the first trimester of 2013. The on off nature of FPGA development has led to cluster hiring in the space, big data has taken strides forward and there has been a noticeable improvement in diversity as companies take steps to add more women to their teams. Suspicion...
Q&A: Gil Tene of Azul Systems on Why Java Works for Low Latency
It’s a bit of a paradox that Java is so widely used across all applications and industries, and yet is often cited as not suitable for the automated trading space. IntelligentTradingTechnology.com caught up with Gil Tene, CTO and Co-founder of Azul Systems, to find out more about Java performance, and how to improve it. Q: To...
Continuum Analytics Provides Python Insight into Thomson Reuters Databases
Continuum Analytics is providing access to Thomson Reuters’ QADirect data offering via Wakari, its browser-based Python data analytics platform. Python is an open source computer language that was first released in 1991, and which has grown in popularity in part because of its emphasis on code readability and compactness. A number of financial markets participants...
Corvil Collaborates with Cisco; TS-Associates Upgrades Correlix, Outlines Strategy
The two leading latency management specialists – Corvil and TS-Associates – released news this week of collaborations, upgrades and strategy. Corvil announced a collaboration with Cisco Systems (which is also an investor in Corvil), to integrate its CorvilNet latency monitoring technology with Cisco’s Nexus 3548 switch, so that the latter can provide time stamping functionality...
Q&A: GigaSpaces’ Adi Paz on In-Memory Performance and Big Data
The In-Memory term is increasingly in use, and in the context of big data. We asked Adi Paz, vice president of marketing and business development at GigaSpaces Technologies, to explain the integration of in-memory and big data technologies, and what benefits can be expected. Q: Let’s begin with some GigaSpaces and XAP basics. Can you...