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

Tibco Taps Pluribus for FTL Message Switch; Adds Appliance for Enterprise Messaging

Subscribe to our newsletter

Tibco Software has added to its messaging arsenal with the introduction of the Tibco FTL Message Switch and the Tibco Enterprise Message Service Appliance. Both new products were announced at the company’s annual Tucon user conference, held this week in Las Vegas.

For the FTL Message Switch, Tibco is partnering with Pluribus Networks, a startup focused on low-latency virtualised networks.  Founded in 2010 in part by former Sun Microsystems executives, Pluribus is located close to Tibco’s headquarters in Palo Alto, Ca. Its funding to date has come from Mohr Davidow Ventures and from NEA.

FTL is Tibco’s latest messaging middleware product, pitched at low-latency applications. Featuring content-based addressing, it was introduced at Tucon in 2010, and has since been upgraded to take advantage of the latest Intel processors and PCIe networking.

According to Tibco chief engineer Denny Page, the partnership will see Tibco “offering messaging that is truly a part of the networking infrastructure.” Meanwhile, Pluribus product literature says its “F64 Server-Switch” provides “Customer ability to deploy application logic directly onto the switch, improving performance and reducing network latency.”

The F64 features 48 ports for 10gE connectivity and four ports for 40gE, providing Layer 2 and 3 switching functionality with latency of less than 400 nanoseconds.

More importantly, the switch is designed to run Pluribus’ Netvisor networking hypervisor, which provides virtualisation – essentially de-coupling the network requirements of applications from the physical infrastructure. This allows better utilisation of networks where multiple applications (perhaps running on virtualised servers) are communicating via them, and better service to applications requiring specific service levels.

Pluribus is part of a networking space known as Software Defined Networking, which is receiving increasing attention. Arista Networks’ new 7150 switch was designed with SDN in mind. Also, SDN startup Nicira was recently acquired by VMware for a notable $1.26 billion.

Meanwhile, for enterprise messaging that’s not so latency sensitive, but requires store-and-forward functionality and guaranteed messaging, Tibco has released an appliance version of its Enterprise Message Service. The appliance is meant to reduce administrative and infrastructure costs by simplifying the management of large implementations and globally distributed systems. For financial markets firms, post-trade messaging, risk data aggregation and big data analytics could be applications.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Nasdaq and AWS Deepen Partnership to Offer Calypso as a Managed Service

Nasdaq and Amazon Web Services (AWS) have expanded their strategic partnership, announcing that Nasdaq’s Calypso platform will now be available as a fully managed service on AWS. The move aims to provide financial institutions with a modernised, resilient, and scalable infrastructure for their capital markets and treasury operations. The offering sees Nasdaq managing the underlying...

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

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...