Last week, I chaired A-Team’s first Business & Technology of Low-Latency Trading event - #BTLLT for the twittersphere - at The Brewery (a former Whitbread Brewery, it’s now an established events venue), and these are a few geeky highlights from my day.
Oracle is focusing on building a Java-based pre-engineered trading bundle this year in order to facilitate fast deployment and “fewer moving parts” to deal with for its customers, explained Ian Pearl, global lead of the vendor’s Capital Markets business, to delegates at this week’s Business & Technology of Low-Latency Trading (BTLLT) event in London. This development is aimed at tackling the challenge of performance versus time to market in the low latency trading architecture space.
With the release of its low-latency FTL messaging product, Tibco Software aims to “dominate in the front office,” a space where it got started in the mid 1980s and then became ubiquitous with its TIB and Rendezvous offerings. Having since diversified into the non-financial markets with a number of enterprise information products, the company is now emphatically returning to its roots.
Low latency messaging use is expanding beyond traditional algorithmic trading applications to address wider business requirements. Meanwhile, issues such as reliability, manageability and cost are becoming more visible. Low-latency.com discussed low-latency messaging directions - and messaging directions in general - with Craig Betts, CEO of Solace Systems.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Moving up the value chain from networking provider to low-latency solutions partner, Cisco Systems will tomorrow announce its “High-Performance Trading Fabric” initiative, which provides reference architectures for “each step of an automated trade” for financial markets participants.
Cisco’s architectures combine networking, compute and storage, and are based on the company’s recently introduced Nexus 3064 and Nexus 5500 switches, themselves designed to meet extreme performance requirements, with a focus on delivering lowest latencies and jitter at sustained data traffic peaks, without loss.
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