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

Summit Compute Panel – Mantara’s Arnold on Leveraging Technology

Subscribe to our newsletter

Concluding our coverage of last month’s Low-Latency Summit in New York City, the compute panel allowed Mantara chief architect David Arnold to discuss how the trading application vendor leverages technologies to reduce latency.  Mantara provides a platform for market data delivery, order routing and pre-trade risk, with customers requiring performance across the latency spectrum.  As such, the company keeps a strong focus on underlying technologies, and looks to leverage them as much as possible.

Arnold noted that the company has divided its technology approach into two streams, based on the latency needs of its customers.  For those requiring less than 100 microseconds, it has a software platform running on commodity x86 hardware.  For below 10 microseconds, it has a hardware/firmware offering.

For its software platform, Mantara focuses on the application architecture, paying attention to such details as binding threads to cores, keeping inter-thread communication to cores on the same chip, and making use of kernel bypass to deliver network traffic direct to the application.  Using these techniques, latencies as low as 10 to 20 microseconds can be achieved.

For the sub-10 microsecond world, where improvements in the 100s of nanoseconds are sought, Mantara relies on a hardware PCIe card, hosting a packet processor, which executes functions in firmware.

Packet processors are general purpose CPUs that have been optimised to perform I/O functions, such as memory management, packet steering, and network interfaces.  Mantara uses packet processors from GE Intelligent Platforms, and also leverages network stack technology from 6Wind.

Arnold noted that a packet processor direction provides good performance at the right price point, and that they approach FPGAs in terms of performance, but offer more flexibility, because they can be programmed using traditional techniques.

Mantara writes its code in C, rather than C++, in order to keep more control over the execution of it – there are “no surprises” with C, Arnold said.

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

TXSE Selects Exegy FPGA Technology for Market Data Infrastructure

The Texas Stock Exchange (TXSE) has selected Exegy to provide FPGA-based market data feed handlers as part of its launch infrastructure. TXSE is positioning itself as the first fully integrated U.S. equities exchange built from scratch in more than 25 years. As part of that ground-up approach, the venue has opted to deploy FPGA technology...

EVENT

TradingTech Summit London

Now in its 15th 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

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...