Friday, 25 July 2008

Serisys Offers Low Latency Trading Infrastructure Solutions in S’pore

Serisys Solutions and 29West Inc. have introduced to Singapore and South East Asia very low latency data messaging solutions that aim to provide support for persistence to applications that require extremely low latency processing.

The Ultra Messaging® for the Enterprise (UME) and Latency Busters® Messaging (LBM) solutions. are targeted at the trading firms, banks and financial exchanges that require infrastructures supporting high throughput with very low latency to compete in local and cross border markets.

The UME solution provides support for persistence to applications that require extremely low latency processing coupled with guaranteed delivery and data retention. LBM for streaming data is the underlying architecture of the UME solution and delivers over 2.4 million messages per second in under 50 microseconds of latency on commodity hardware.

Also available as a stand-alone product, LBM provides a high performance application-to-application design that maximizes network efficiency and stability.

“...With financial firms in Singapore having already deployed 29West messaging, we see significant opportunity as Singapore continues to grow as a global center for financial technology development. Just over the last year we have seen a number of global banks’ Singapore-based development centers involved in development projects integrating 29West High Performance Messaging”, says Kurt Klein, 29West’s Director of APAC.