About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading 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: Integrating Intelligent Machine Readable News

Intelligent machine readable news is a powerful tool in the arsenals of trading and investment firms seeking competitive advantage. It turns unstructured data into actionable insight and can be used, for example, to uncover market trends, identify correlations and evaluate sentiment. In turn, it can inform quant strategies and predictive models. While machine readable news...

BLOG

SmartTrade Adds to FX Capabilities with Purchase of TickTrade

French trading software company smartTrade has acquired Toronto-based TickTrade, a specialist in foreign exchange trading and payments technology. The transaction is aimed at positioning smartTrade to offer comprehensive solutions for the FX marketplace globally. SmartTrade already offers electronic trading and liquidity management solutions for firms trading in FX, fixed-income and other asset classes. TickTrade’s focus...

EVENT

Data Management Summit Boston (Redirected)

As investment management firms take on more responsibility and control over core operational functions, A-Team has seen demand for a more buy-side oriented event focused on data and data management. The inaugural DMS Boston will take place in June 2020, and will focus on topics of interest to buy-side practitioners.

GUIDE

Entity Data Management Handbook – Third Edition

Welcome to the third edition of the Entity Data Management Handbook which is available for free download. In this updated edition we delve into the role entity data plays in the smooth running of financial institutions and capital markets, the challenges of attaining high quality data, and various aspects, approaches and technologies involved in managing...