The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Emulex Expands Low-Latency Offerings

Emulex isn’t the first company that comes to mind when thinking of low-latency network vendors, but through a series of actions it’s making an increasing contribution to the technology underpinning automated trading. The latest development was last week’s announcement that it is to acquire latency monitoring specialist Endace.

Founded in 1979 and with current revenue of $502 million, the company’s model of selling its network interfaces and adaptors through OEMs and distributors – the likes of Dell, EMC and IBM – is perhaps one reason why its name is not as familiar in the financial markets as it might be.

Perhaps the Endace acquisition – for around $130 million – will make Emulex more visible in the low-latency trading space, since Endace’s products are widely used for latency monitoring, microburst detection and to support analytic applications that leverage its packet capture technology. For its part, Emulex sees Endace’s business as a high growth opportunity.

Last month, Emulex partnered with Gnodal, marrying its ethernet adaptor cards with the latter’s GS 4008 10gE switch and pitching the combo at the low latency and low jitter requirements of high frequency trading.

Indeed, Emulex’s 10gE OneConnect adaptors are the result of a collaboration with Myricom, the latter providing its FastStack DBL kernel bypass software to boost I/O performance of TCP and UDP communications.

Clearly, Emulex is building its offerings in the low-latency space where it sees opportunity, though it faces stiff competition from the incumbent heavyweights. The Endace acquisition does however give it a unique story to tell.  So it will be interested to see how it unfolds. We’ll be watching.

Related content

WEBINAR

Upcoming Webinar: Trade surveillance: Deploying monitoring and surveillance capabilities for today’s new normal

Date: 8 April 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Let’s face it: The old ways aren’t coming back. A plethora of challenges brought on by the covid-19 pandemic, coupled with unrelenting market volatility and uncertainty, have pushed financial service firms to look for rigorous monitoring and surveillance solutions...

BLOG

Refinitiv Teams with MarketPsych to Launch ESG Analytics

Continuing its focus on adding capabilities with an ESG theme, Refinitiv has teamed up with Los Angeles-based MarketPsych to launch Refinitiv MarketPsych ESG Analytics to monitor perceptions of sustainability and ESG risk. The analytical tool draws upon news and social media monitoring to offer analysts and portfolio managers numerical insights into companies and countries of...

EVENT

RegTech Summit APAC

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

The Trading Regulations Handbook

Need to know all the essentials about the regulations impacting trading infrastructure? Welcome to the first edition of our A-Team Trading Regulations Handbook which provides all the essentials about regulations impacting trading operations, data and technology. A-Team’s Trading Regulations Handbook is a great way to see at-a-glance: All the regulations that are impacting trading technology...