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

Tibco Taps Pluribus for FTL Message Switch; Adds Appliance for Enterprise Messaging

Subscribe to our newsletter

Tibco Software has added to its messaging arsenal with the introduction of the Tibco FTL Message Switch and the Tibco Enterprise Message Service Appliance. Both new products were announced at the company’s annual Tucon user conference, held this week in Las Vegas.

For the FTL Message Switch, Tibco is partnering with Pluribus Networks, a startup focused on low-latency virtualised networks.  Founded in 2010 in part by former Sun Microsystems executives, Pluribus is located close to Tibco’s headquarters in Palo Alto, Ca. Its funding to date has come from Mohr Davidow Ventures and from NEA.

FTL is Tibco’s latest messaging middleware product, pitched at low-latency applications. Featuring content-based addressing, it was introduced at Tucon in 2010, and has since been upgraded to take advantage of the latest Intel processors and PCIe networking.

According to Tibco chief engineer Denny Page, the partnership will see Tibco “offering messaging that is truly a part of the networking infrastructure.” Meanwhile, Pluribus product literature says its “F64 Server-Switch” provides “Customer ability to deploy application logic directly onto the switch, improving performance and reducing network latency.”

The F64 features 48 ports for 10gE connectivity and four ports for 40gE, providing Layer 2 and 3 switching functionality with latency of less than 400 nanoseconds.

More importantly, the switch is designed to run Pluribus’ Netvisor networking hypervisor, which provides virtualisation – essentially de-coupling the network requirements of applications from the physical infrastructure. This allows better utilisation of networks where multiple applications (perhaps running on virtualised servers) are communicating via them, and better service to applications requiring specific service levels.

Pluribus is part of a networking space known as Software Defined Networking, which is receiving increasing attention. Arista Networks’ new 7150 switch was designed with SDN in mind. Also, SDN startup Nicira was recently acquired by VMware for a notable $1.26 billion.

Meanwhile, for enterprise messaging that’s not so latency sensitive, but requires store-and-forward functionality and guaranteed messaging, Tibco has released an appliance version of its Enterprise Message Service. The appliance is meant to reduce administrative and infrastructure costs by simplifying the management of large implementations and globally distributed systems. For financial markets firms, post-trade messaging, risk data aggregation and big data analytics could be applications.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

25 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process,...

BLOG

Pico and BMLL Partner to Deliver Integrated Real-Time and Historical Market Data Solution

Pico, the global provider of financial markets technology services, has partnered with BMLL, the independent provider of historical data and analytics, to offer an integrated solution that combines real-time and historical market data to support research, liquidity analysis, and trading optimisation. The collaboration leverages Pico’s real-time data feeds and global infrastructure alongside BMLL’s Level 3,...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...