Real-time computing. Real-time news.
August 13, 2007
GigaSpaces Powers Sun's Market Data Solution
GigaSpaces Technologies
announced the successful integration of its high-performance eXtreme
Application Platform (XAP) into Sun Microsystems' strategic Market Data
solution to help capital markets customers process high volumes of
market data in extremely short processing times, and scale to meet the
volumetric growth of market data that is doubling each year.
GigaSpaces XAP provides Sun's Market Data customers the ability to
handle and enrich raw data -- coming from one or more data sources,
including direct exchange feeds -- quickly with high throughput and
availability. With the addition of the GigaSpaces Enterprise Data Grid,
end users can now choose various schemes of in-memory data for extreme
low-latency access.
"Many of our customers in the securities industry are facing
performance and scalability challenges with their data-intensive
trading applications," said Ambreesh Khanna, Sun Microsystems' CTO for
financial services. "Leveraging GigaSpaces' ability to process large
amounts of data from multiple sources on the grid in real time, with
the high performance and low power consumption of our Sun Fire
servers, Sun's Market Data solution is delivering on the primary needs
of Wall Street's largest, most demanding firms."
GigaSpaces and Sun engineers recently completed joint scalability
and tuning studies of GigaSpaces XAP middleware on the Solaris 10
Operating System, Java Platform Standard Edition 5 and Sun
Fire T1000 and T2000 servers. The results showed the highly parallel
processing architectures of GigaSpaces XAP and the Solaris 10 OS on
UltraSPARC T1-based servers to be highly complementary and together
form a superior, linearly scalable platform for running low latency,
data-intensive, multi-threaded applications in financial services
organizations.
According to Amnon Raviv, senior director of strategic alliances at
GigaSpaces, "We optimized GigaSpaces XAP on Sun's T1000 and T2000
servers running the Solaris 10 OS, enabling customers to get extreme
scalability and performance. We expect customers will see similar
results with XAP on Solaris 10 and Sun's x64 (x86, 64-bit) systems. By
choosing XAP and the Solaris 10 OS, customers get the most bang for
their buck -- super-fast performance and ability to scale across a
wide range of hardware."
About GigaSpaces
GigaSpaces provides a single infrastructure software platform for application scalability and performance. GigaSpaces' unique approach enables developers to write their business logic as if writing to a single computer and then seamlessly scale out the application linearly anywhere, and on-demand. It is targeted at applications characterized by high-volume transaction and data processing and low transaction latency requirements and provides an alternative to Web services for implementing high-performance and scalable service-oriented architectures. GigaSpaces customers include leaders in the financial services, telecommunications sectors and government institutions, including: Societe Generale, Chicago Mercantile Exchange, Dow Jones, Virgin Mobile, Nortel and Hutchison 3G, where the need for mission- critical high-performance, low-latency, reliability and scalability necessitates an alternative to traditional approaches. GigaSpaces was founded in 2000 and has offices in New York, San Francisco, London, Paris and Israel. It is a privately held company, funded by FTVentures, BRM Capital, Intel Capital and Formula Vision. For more information, visit www.gigaspaces.com/, or visit the company's blog at www.gigaspacesblog.com/.
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Source: GigaSpaces Technologies-----
Source: GigaSpaces Technologies
