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Continuum Analytics Provides Python Insight into Thomson Reuters Databases

Continuum Analytics is providing access to Thomson Reuters’ QADirect data offering via Wakari, its browser-based Python data analytics platform. Python is an open source computer language that was first released in 1991, and which has grown in popularity in part because of its emphasis on code readability and compactness. A number of financial markets participants…

WM Datenservice Leads Effort in Europe to Issue pre-LEI Entity Identifiers

WM Datenservice, acting as a pre-Local Operating Unit (LOU) in the global legal entity identifier (LEI) system, has registered 10 German companies with pre-LEI codes called German Entity Identifiers (GEIs) since it started issuing codes early this month. WM suggests it could issue GEIs to companies outside Germany if more pre-LOUs are not up and…

Corvil Collaborates with Cisco; TS-Associates Upgrades Correlix, Outlines Strategy

The two leading latency management specialists – Corvil and TS-Associates – released news this week of collaborations, upgrades and strategy. Corvil announced a collaboration with Cisco Systems (which is also an investor in Corvil), to integrate its CorvilNet latency monitoring technology with Cisco’s Nexus 3548 switch, so that the latter can provide time stamping functionality…

Q&A: GigaSpaces’ Adi Paz on In-Memory Performance and Big Data

The In-Memory term is increasingly in use, and in the context of big data. We asked Adi Paz, vice president of marketing and business development at GigaSpaces Technologies, to explain the integration of in-memory and big data technologies, and what benefits can be expected. Q: Let’s begin with some GigaSpaces and XAP basics. Can you…

Perseus Rolls Certified Time Service for Regulatory Compliance, Algo Trading

Perseus Telecom has rolled out a certified time service to allow trading firms to accurately timestamp market data and transactions for regulatory and algorithmic trading purposes. The service taps technology from Certichron, which Perseus is now selling and maintaining at a number of market data centres, with more to come. Certified time is a proprietary and…

TBricks Taps QuantLINK and QuantFEED for Hosted Trading Service

Trading system TBricks has rolled out a managed, hosted variant of its automated trading software, and has partnered with S&P Capital IQ to provide market connectivity and data. TBricks OnDemand has been rolled out in Stockholm, London, Frankfurt and Chicago. TBricks provides tools to allow manual and low-latency automated trading in the global markets, including options…

MapR Sets New MinuteSort Record; Grabs $30 Million

Hadoop distributor MapR Technologies recently announced that it had set a new world MinuteSort record using Google’s cloud-based compute offering. Following up on that, the company just raised a further $30 million in investment. The MinuteSort record saw MapR’s Hadoop offering sorting 15 billion 100-byte records (or 1.5 TB) in 60 seconds, using the Google…

Latency – All About A, B and C (for Compute)

I often describe latency as the time it takes to move data from point A to point B, and/or the time taken to process that data at points A and B. I think it’s true to say that the majority of content on this site is about moving data from A to B. But processing…

Low-Latency Summits: Looking Back and Forward

We held the latest Low-Latency Summit in London a couple of weeks ago and already the memories are distant ones. But a lot was covered, from ROI on latency investment to trading in Russia. We recorded the entire proceedings to allow you to recap the experience, or to hear what you missed. We’re now looking…

Intel Enters Hadoop Fray

Intel has introduced its own distribution of Hadoop, incorporating enterprise level features for security, performance and management. The IT giant has also announced a number of partners for its offering, which it will sell on a subscription basis, ranging from the likes of Cisco Systems and Dell, to MarkLogic, SAP and Teradata. As part of…