LDA Technologies, the provider of ultra-low latency networking and FPGA technology, has introduced NeoTap X, a high-performance timestamping and tap aggregation solution designed to address the increasing data and compliance demands of capital markets. The new product is built on LDA’s Neo X FPGA platform, offering enhanced processing power and optimised resource efficiency for low-latency trading environments.
“We’ve seen growing demand for 100G timestamping, particularly from large institutions that need to timestamp data transferred between locations, typically over 100G links between data centres,” Vahan Sardaryan, CEO and co-founder of LDA Technologies, tells TradingTech Insight. “NeoTap X is designed specifically for these high-throughput environments, where accurate timestamping of large data streams is essential.”
NeoTap X delivers 100-picosecond timestamping precision and supports 100G bandwidth, targeting firms that require high-throughput and regulatory-grade accuracy. It features 96GB of on-chip memory per FPGA for efficient packet buffering and can be configured with up to 60TB of on-device storage, enabling long-term data retention for compliance with MiFID II and FINRA, as well as support for analytics and troubleshooting.
The underlying Neo X platform supports up to three LDA Orion HBM FPGA boards equipped with AMD Versal Premium chips and includes options for up to 10 PCIe SSDs. Designed for compact deployment, the platform delivers significant processing power within a single rack unit, helping firms reduce their reliance on additional servers and storage infrastructure.
“Neo X well-suited to trading firms thanks to features like ultra-low latency Layer 1 networking, but it’s also a powerful general-purpose FPGA platform. With support for three large FPGAs, it’s capable of handling high-performance computing as well as a wide range of latency-sensitive applications.”
LDA’s solution integrates ultra-low latency Layer 1 connectivity with flexible software packet processing, catering to use cases such as trade monitoring, compliance reporting, and real-time network performance optimisation.
“We see this as an ideal tap aggregation solution because it meets today’s increasing bandwidth demands and is built to scale with future growth. It’s a future-proof device designed to remain effective as traffic volumes rise over time. It includes all the standard features expected from a high-end tap aggregation system, but also integrates on-device storage. Typically, after timestamping, data must be transferred elsewhere for storage and later access, which adds complexity and hardware requirements. With NeoTap X, everything is handled in one unit, saving rack space and simplifying deployment. It’s a comprehensive, all-in-one solution for both tap aggregation and timestamping, and we’re very excited about what it offers.”
With the launch of NeoTap X and the Neo X platform, LDA aims to provide scalable infrastructure for firms operating in increasingly complex, latency-sensitive and data-intensive trading environments.
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