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

Calxeda Hires Niall Dalton and Geno Valente

Subscribe to our newsletter

Calxeda – developer of EnergyCore ‘system on a chip’ processors being pitched at big data applications – has hired Niall Dalton and Geno Valente, both of whom are well known in the financial markets space.

Dalton has joined as chief software architect and will be based in the company’s soon-to-be-opened Sunnyvale, Ca. office. He was previously director of HFT at Cantor Fitzgerald, where he first came into contact with Calxeda’s technology, and subsequently participated in the company’s launch in November 2011. At that time, he commented: “We need a 10x breakthrough and this could be it. We are evaluating the Calxeda technology in hyperscale throughput computing for data and simulation intensive applications. The Calxeda Linux platform enables rapid porting of our software, enabling us to quickly leverage the energy-efficient RM cores and Calxeda’s scalable communications fabric to scale our applications to new heights.”

Chicago-based Valente joins from big data management specialist XtremeData, where he led sales and marketing. Previously, he was with FPGA vendor Altera. While at XtremeData, he forged an alliance with Noetic Partners to create The Edge, a system for performing analytics on realtime and historical market data. At Calxeda, he has a business development role, focused on end users.

While neither role – or the company itself – is focused exclusively on the financial vertical, it’s clear that there is interest from that segment in the Calxeda’s technology to support both big data and cloud applications. In that respect, both Dalton and Valente will bring valuable domain expertise to the company.

Calxeda’s EnergyCore chips leverage the ARM microprocessor design, generally used for chips found in portable devices, such a mobile phones. But Austin, TX-based Calxeda is pitching its chips in a massively parallel architecture at enterprise servers to be deployed in data centres, where power consumption is an important facet of performance. Server vendor Boston recently announced the first commercially available offering based on Calxeda’s chips, while HP is incorporating

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United Arab Emirates (UAE), Saudi Arabia and beyond. Exchanges and market intermediaries trading in these centres are adopting cutting-edge technologies to cater to the growing...

BLOG

TS Imagine Launches Real-Time CCP Margin Calculator for RiskSmart X

TS Imagine, the trading, portfolio, and risk management solutions vendor, has introduced a new CCP Margin Calculator within its RiskSmart X platform, giving sell-side firms the ability to calculate, on demand using real time prices, the margin requirements from their central counterparties (CCPs). RiskSmart X is specifically designed for prime brokers, risk managers, and operations...

EVENT

Data Management Summit London

Now in its 15th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...