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

Enyx Integrates Xilinx FPGA Technology to Power nxFeed

Subscribe to our newsletter

Enyx has increased the performance of its nxFeed solution on the back of a new release of its FPB2 platform that is powered by Xilinx Virtex UltraScale+ (VUS+) field programmable gate array (FPGA) technology.

The FPB2 platform, developed by Bittware, uses the Xilinx VUS+ FPGA to offer a four-times larger matrix than Enyx’s previous platform, as well as 25Gb Ethernet connectivity, better overall in/out latency, and a running frequency of up to 800MHz. The platform pushes up performance of the Enyx nxFeed, a market data distribution system supporting over 40 markets across Europe, the US and Asia, by more than 30%. The Xilinx VUS+ enabled FPB2 platform will be available for production on November 1, 2017.

Enyx managing director and co-founder, Laurent de Barry, says: “Our main goal is to provide the latest FPGA technology to answer our customers’ challenges. The FPB2 platform gives clients new, advanced options with the addition of incredible performance.”

The nxFeed solution will introduce a wide range of integrated, state-of-the-art features and capabilities. Upgraded components include:

Enhanced functionality

  • More than 2x the symbol capacity
  • 18,000 symbols for by-order protocols
  • 36,000 symbols for by-price protocols
  • Improved latency by more than 30%
  • Average wire-to-wire latency of 1076 ns for Nasdaq Totalview ITCH
  • Average wire-to-wire latency of 853 ns for CME Globex MDP3

Cutting-edge features

  • Continuous trading book uncross for by-order protocols
  • Improved publication filtering and granularity
  • PTP time stamping

Improved capabilities

  • PCI Express Gen 4.0 ready
  • 25Gbs Ethernet ready

Recent client success for the Enyx nxFeed includes a strategic partnership with BNP Paribas that will see the latter using Enyx solutions for market data and market access. BNP Paribas has also selected the Enyx nxFeed product for high-performance market access in the Americas, Europe and Asia, and the two companies are teaming up to integrate their hardware acceleration technologies to improve the efficiency of real-time data processing.

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

New Issue IQ and Boltzbit Partner to Slash Bond Issuance Data Processing Time by 74%

New Issue IQ, the solutions vendor dedicated to modernising primary bond markets, has announced a strategic partnership with deeptech AI company Boltzbit, to optimise the processing of new bond deal information. The collaboration reportedly delivers a processing-time improvement of approximately 74% by automating workflows that have traditionally been manual and fragmented. Through this integration, New...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...