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

Fixnetix Taps BittWare, Altera FPGAs for iX-eCute Phase 2

Subscribe to our newsletter

Fixnetix is tapping BittWare, and its latest Altera Stratix V FPGA-based network cards, to support the second phase of its iX-eCute trade execution and pre-trade risk service. The move represents a boost for Altera, since iX-eCute originally leveraged FPGAs from rival Xilinx.

“We’re pleased to be at the second phase of iX-eCute, and our newly upgraded FPGA solution is now operating on the Altera Stratix V chips with 10/40gE and BittWare PCIe Gen 2 and 3 card,” says Fixnetix CTO Matt Dangerfield. “With this increased functionality and improved latency for trading and risk control, Fixnetix is at the forefront of being able to respond to regulatory changes for our global customer base of banks, hedge funds and proprietary trading groups.”

When iX-eCute was originally designed in 2010, it made use of custom-designed PCIe cards, equipped with Xilinx FPGAs. Since then, the number of commercially available FPGA/network cards has increased, and more powerful FPGA chips have been released.

“Our S5-PCIe slot card combines the industry’s highest performance FPGA – Altera’s Stratix V – with on-board memory and multiple lanes of 10GigE straight to the FPGA, as well as support for 40gE and PCI Express Gen 3,” says Jeff Milrod, CEO at BittWare.

Fixnetix also made use of BittWare’s Atlantis FrameWork (AFW) – and its TCP/IP offload engine – to more rapidly implement its functionality in the FPGA chip.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Murex and AWS Deepen Ties with Multi-Year Deal to Scale Managed Services

Murex, the cross-asset financial technology solutions provider, and Amazon Web Services (AWS) have announced a multi-year strategic collaboration agreement to expand Murex’s managed services offerings, aiming to accelerate the adoption of its MX.3 platform on the cloud for capital markets participants. The agreement will see the Paris-based financial technology vendor further scale its software-as-a-service (SaaS)...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Preparing For Primetime – How to Benefit from the Global LEI

They say time flies when you’re enjoying yourself, and so it seems the industry have been having a blast with its preparations for the introduction of the global legal entity identifier (LEI) next month. But now it’s time to get serious. To date, much of the industry debate has centred on the identifier itself: its...