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: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

The New ROI: How Cloud Data is Reshaping Performance and Strategy in Financial Markets

The conversation around cloud adoption in financial markets has fundamentally changed. The era of tentative migration and justifying projects based on CAPEX vs. OPEX is over. As a new report from LSEG, “Cloud Strategies in Financial Services,” confirms, the cloud is now a strategic default. But this maturity brings a new, more complex set of...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

MiFID II Handbook

As the 3 January 2018 compliance deadline for Markets in Financial Instruments Directive II (MiFID II) approaches, A-Team Group has pulled together everything you need to know about the regulation in a precise and concise handbook. The MiFID II Handbook, commissioned by Thomson Reuters, provides a guide to aspects of the regulation that will have...