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

LSEG Strengthens AWS Partnership to Accelerate Cloud Transformation Across Key Divisions

The London Stock Exchange Group (LSEG) has extended its strategic collaboration with Amazon Web Services (AWS), naming AWS as its preferred cloud provider for the Markets, Risk Intelligence, and FTSE Russell divisions. The move deepens an existing relationship that forms a central part of LSEG’s broader digital transformation strategy. The latest agreement will see LSEG...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Putting the LEI into Practice

Hundreds of thousands of pre-Legal Entity Identifiers (LEIs) have been issued by pre-Local Operating Units (LOUs) in the Global LEI System (GLEIS), and the standard entity identifier has been mandated for use by regulators in both the US and Europe. As more pre-LEIs are issued ahead of the establishment of the global systems’ Central Operating...