Icap has selected Tervela technology to support a global messaging infrastructure for its electronic broking division Icap Electronic Broking (IEB). Tervela’s TMX message switches, TPE persistence engines and the TPM provisioning and management system beat IBM’s MQLLM solution as well as products from Tibco Software, RTI, Solace Systems and 29West in a rigorous nine-month product evaluation and sales process that came down to a bake-off between Tervela’s hardware-based solution and a software-driven messaging system.
A-Team Insight Exchange is a new event series for 2010, which will combine A-Team’s expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners.
Messaging specialist 29West is collaborating with Exegy to integrate the latter’s hardware-accelerated ticker plant with its Latency Busters Messaging (LBM) middleware, in what the companies are pitching as a “strategic new offering” for enterprise-wide market data distribution. The tie-up provides 29West with new options for data feed handlers and Exegy with a high fan-out distribution mechanism, as well as a strong middleware partner.
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