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

Datacom Taps Formby, Releases Matrix Switch for Co-Lo

Subscribe to our newsletter

Datacom Systems – a vendor of network taps and matrix switches – has appointed Kevin Formby as its new president and CEO. Formby joins from packet capture/latency monitoring specialist Endace, and as such brings with him much experience of the financial markets vertical in general, and low-latency infrastructure in particular. On the heels of Formby’s on-boarding, Datacom has introduced a new matrix switch targeted at co-location environments.

Formby took up the rains of the Syracuse, NY-based company on February 1 and says the opportunity to lead such a company was a big attraction to him. He had been VP of business development at Endace since the middle of 2010, and worked at BT’s Radianz network and proximity centre unit before that. At Datacom, Formby’s mission will be to raise the company’s profile, hone the sales and marketing process, and to direct specific product development efforts for specific verticals.

For sure, financial markets will be one vertical to get attention says Formby, who notes the introduction of the company’s new SingleStream 2222 matrix switch, allowing a co-lo service provider or trading firm to readily and passively tap into as many as 80 1gE and 10gE network connections, to feed network and latency monitoring devices, such as those from Endace, Corvil, TS-Associates, etc. Less than five nanoseconds of addition latency is inserted into the tapped connection.

Formby says that the new switch – along with its sister 2212 offering – is running in production at a major co-lo service provider, who has not sanctioned publication of their name. But he can say that it’s being used to monitor more than 100 10gE connections supporting electronic trading applications.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: High-Performance Networks & Low-Latency Connectivity for Trading

With financial markets becoming more complex and interconnected in today’s electronic trading environment, trading firms, exchanges, and infrastructure providers need to continually push the boundaries of network performance to stay ahead. Ultra-low latency, seamless connectivity, and resilient infrastructure are no longer just advantages – to stay competitive, they’re necessities. This webinar, part of the A-Team...

BLOG

Beyond the Monolith: Crafting the Agile Trading Stack for the Modern Era

For decades, the central question for any firm designing its trading systems architecture has been a seemingly binary choice: buy an off-the-shelf platform or build a proprietary one in-house? The ‘buy’ camp argued for speed to market and vendor-managed upkeep, while the ‘build’ camp championed bespoke functionality and control over intellectual property. Today, this long-standing...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Directory of MiFID II Electronic Trading Venues 2018

The inaugural edition of A-Team Group’s Directory of MiFID II Electronic Trading Venues 2018 offers a guide to the European landscape resulting from new market structure introduced by the January 3, 2018 implementation of Markets in Financial Instruments Directive II (MiFID II). The directory provides detailed profiles of more than 70 venue operators and their...