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

Vela Teams Up with Enyx to Deliver Ultra-Low Latency Solutions

Subscribe to our newsletter

Vela, a trading and market access technology provider, has partnered with Enyx, a developer of ultra-low latency products, to provide its clients with access to Enyx’s field programmable gate array (FPGA) technology, initially focused on ultra-low latency market data solutions.

The firms have completed a proof of concept integrating the Enyx nxFeed, an ultra-low latency FPGA-enabled feed handler, into Vela’s software-based feed handlers to deliver wire-speed performance and jitter-free determinism at scale through a single, normalised API to access global markets. This allows Vela’s existing and future feed handler clients to leverage the improved performance of Enyx’s FPGA-powered solutions without the need for further integration as they are provided through Vela’s existing API that already supports over 250 venues.

Ollie Cadman, global head of product management and business operations at Vela, says: “There are specific clients and markets where FPGA technology is a necessity – and that’s a space where we haven’t played before. We’ve always worked at the software level, but there are market and trading strategies at firms that require very deterministic, low-latency profiles, and we want to bring our products into that market. We believe that partnering with Enyx is the best way to do that.”

Laurent de Barry, founder and managing director, trading solutions, at Enyx, notes that the integration of nxFeed into the Vela feed handlers is the first of what are expected to be more opportunities to add FPGA technology to Vela solutions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

Building for the Next Big Event: What Prediction Market Operators Need from Exchange Technology

By Ian Salmon, Head of Product Marketing, Adaptive. Prediction markets have moved from the edges of the financial ecosystem into a space that increasingly resembles regulated market infrastructure. What began as a retail phenomenon around political events and sports outcomes has evolved into a sector attracting institutional capital, established exchanges and serious regulatory attention. The...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...