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: Best approaches for trade and transaction reporting

Compliance practitioners and technology leaders in capital markets face mounting pressure to ensure that reporting processes are efficient, accurate, and aligned with global standards. Market developments and jurisdictional nuances in regulatory frameworks like MiFID II, EMIR, SFTR and MAS create a continual challenge for compliance teams. This webinar brings together senior RegTech executives and seasoned...

BLOG

Euroclear Launches AI-Driven EasyFocus+ Platform to Support T+1 Transition

Euroclear has launched EasyFocus+, an enhanced version of its exception management platform, developed in collaboration with Meritsoft, a Cognizant business, and Taskize, the Euroclear-owned investment operations collaboration platform. The initiative is aimed at supporting the industry’s transition to T+1 settlement in Europe by October 2027. Running on Microsoft’s cloud infrastructure, EasyFocus+ integrates AI-driven analytics and...

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 Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...