TradingTech Insight Blogs The latest content from across the platform
ScaleOut Addresses Big Data In-Memory Analytics; Adds Multi-Site, Cloud Support
ScaleOut Software has released version 5 of its ScaleOut StateServer in-memory data grid. For the first time, it supports linking grids across physical sites, including leveraging cloud services – providing an elastic architecture for big data analysis. Version 5 is currently available for public clouds Amazon Web Services and Windows Azure. “By helping developers and…
MemSQL Launches In-Memory Database
Startup MemSQL has gone public with the launch of its in-memory database, and has named a number of investors who are backing it to the tune of $5 million. A key feature of the database is the translation of queries from SQL to C++ in order to boost performance. Other key features pitched by the…
Chicago’s Mini-Prop Shop Boom Creates a Boon for Low-Latency Providers
The Volcker Rule, part of the larger Dodd-Frank Financial Reform Act, is an attempt to bar banks from proprietary trading – or making trades for their own benefit – with customer funds. Many banks have pushed back against the proposed rule citing a threat to some of their most profitable activities. In response, the rule…
Lowering the Latency at SIFMA
The annual SIFMA financial tech expo has just concluded in NYC, and here are a few of the low-latency highlights – from an event that sadly overall looks to be heading for the twilight zone. * Best in show in my book was Zeptonics, launching its ZeptoLink fan-out and electronic patch panel, with port to…
Q&A: CFN’s Mark Casey on Latency Futures, Proximity and Cloud
Time to take the pulse again, here at SIFMA, to get updated on the status quo, and find out what’s coming next. IntelligentTradingTechnology.com got such insight from Mark Casey, President & CEO at CFN Services. Q: Compared to a year ago, where are trading firms focusing in their efforts to align latency reduction with their…
Lime Brokerage Adds to Low-Latency Arsenal
With its move to offer low-latency market data to its buy side customers, Lime Brokerage is further adding to its arsenal of data, trading and risk services, perhaps making it look more like a technology vendor than market participant. Lime’s new data service is based on technology from NovaSparks, which leverages FPGA technology to process…
Savvis, Hortonworks Partner For Hadoop in the Cloud
Savvis – which offers IaaS, managed hosting and proximity services, with a strong focus on financial markets, has announced a strategic agreement with Hortonworks, a distributor of Hadoop, to offer cloud-based big data solutions to enterprises. The Hortonworks Data Platform will be integrated with the Savvis Symphony suite of cloud services, simplifying the movement of…
AMD, Colfax Gain Cloudera Certification
Colfax’s AMD-based server cluster is now Cloudera certified. The cluster consists of six Colfax 2U CX2270-N4 servers – each with two AMD Opteron 6200 Series processors – running Cloudera’s distribution of Hadoop. The cluster contains 192 cores. The Colfax cluster and its high core density is designed for customers who are using Hadoop for fast,…
The Benefits of Going Big for Eikon Users
By Philip Brittan, Thomson Reuterswww.thomsonreuters.com The scale of data in financial services is, although significant, dramatically smaller than it is for online consumer companies like Google or Amazon. For financial services, petabytes are huge, but for those firms they are a rounding error. Nevertheless the need for real-time throughput makes financial services data a unique…
Q&A: Thomson Reuters’ Peter Moss on Elektron at Age Two
Launched a little over two years ago, Elektron is Thomson Reuters’ strategic offering for delivery of data services and applications. IntelligentTradingTechnology.com caught up with Peter Moss, managing director for Trading in Thomson Reuters Financial & Risk group, to get some background on its roll out to date. Q: To begin with, what are the main…