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: The future of market data – Harnessing cloud and AI for market data distribution and consumption

Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process, and extract value from market data, offering greater scalability, efficiency, and intelligence. This webinar,...

BLOG

Are Legacy Systems Undermining the Future of Wealth Management?

The polished digital façade of a modern private bank can sometimes conceal a more brittle and complex reality: a tech stack strained by its own history. For technology leaders working within this environment, the strategic challenges are significant. And while industry narratives often highlight external market pressures and disruptive fintech, some of the most persistent...

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 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...