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

The Future is in the Memory for Tibco

Subscribe to our newsletter

I’m in Las Vegas, at Tucon, the Tibco User Conference, and it’s been a great experience. Incredibly, I am a Vegas virgin, so I indeed marveled at the re-creation of St. Mark’s Square – complete with its expansive blue sky, a canal and gondolas – all on the second floor of the Venetian. And it was a lot of fun to get to see Huey Lewis and the News perform last night at the conference party. A multi-Grammy winner with 19 top-ten hits, the band was worth every cent of the rumoured $40,000 fee they commanded. Cheap at twice the price, in fact.

News-wise, probably the highlight of the event was the announcement of Tibco FTL, the next generation messaging platform that will bring inter-application latency down to sub-microsecond.

Other notable news? Well, Tibco ActiveSpaces for sure. It’s an in-memory data grid offering that was quietly rolled out late last year. There wasn’t even a press release issued, though I hear one might be produced soon. No doubt about it, Tibco has gotten the ‘in memory’ message. At the business-oriented keynote on Tuesday, CEO Vivek Ranadive made a technology point of noting that memory prices are in free-fall, and that major players like Google and Facebook all run in-memory transactional architectures. Databases are just too slow these days, he said.

[Relatedly, SAP expects Sybase to benefit from its in-memory technology as a result of its $5.8 billion acquisition announced yesterday.]

So expect ActiveSpaces to play a big role as a high performance architecture for future Tibco offerings (such as its BusinessEvents CEP engine). That’s especially the case as it gets further developed with the addition of pattern-matching technology from the March acquisition of Netrics, and an in-memory transactional capability that came with Tibco’s (as yet unannounced) acquisition of Kabira Technologies, at the end of April. Plus, it will itself get a performance boost from adopting FTL as its underlying communications protocol, instead of the current Rendezvous or PGM.

Demonstrating ActiveSpaces at the event was Jean-Noel Moyne, a company veteran who doesn’t deal in BS. It was great to catch up with him and with other old faces, like fellow techie Chris Martha (he’s all about SOA these days), Oz-based Asia/Pac and Japan sales chief Mark Fahmy, Americas sales head Robin Gilthorpe and with company co-founder John Mathon (who has just left his techie role at Bridgewater Associates and is looking for his next big thing).

Also good to see that Jamie Bernardin and John Skovron are still on board (as, apparently, is Peter Lee) following last year’s acquisition of DataSynapse. And former employee James Powell, now CTO of Thomson Reuters, also stopped by to check on what is still an important partner. Wonder how long before TR gets the in-memory message?

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

Growing Modern Data Platforms Adoption Seen as Benefits Become Apparent: Webinar Review

Take-up of modern data platforms (MDPs) is expected to accelerate in the next few years as financial institutions realise the greater agility, scalability and deeper insights offered by the innovation. Organisations that have so far been relatively slow to adopt the streamlined platforms – because they have been unsure of the technologies’ benefits – will...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...