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Cisco Creates Low-Latency Solution With Reuters Market Data System on Sun's Next-Generation Intel Xeon-Based System
Collaborative Solution for Reuters Market Data System Enables Financial Institutions to Reduce Latency by 38 Percent Within Their Trading Systems
| Source: Cisco Systems, Inc.
NEW YORK, NY--(Marketwire - September 17, 2007) - High Performance on Wall Street -- Cisco
(NASDAQ : CSCO ) has collaborated with Reuters and Sun Microsystems to
deliver an end-to-end low latency solution for automated and algorithmic
trading. Testing by Sun Microsystems showed the solution reduced overall
system latency by up to 38 percent, with minimal impact on customer's
applications and infrastructure. The tuned solution will enable customers
to quickly deploy a low latency market data infrastructure while preserving
their investments in existing technology.
This solution provides customers with a multicast direct-feed integration
platform to super-charge trading and pricing applications, optimized for
high throughput, ultra low latency and high efficiency. In addition,
customers can deploy this low latency configuration without re-architecting
or upgrading their traditional front-office infrastructure. With this new
solution, the traditional front-office infrastructure can serve as a
secondary data source for resiliency purposes.
"The continued growth of algorithmic trading, combined with regulations
such as RegNMS and MiFID, require capital markets companies to look for the
best IT infrastructure and applications possible," said Krish Ramakrishnan,
vice president and general manager of the Server Virtualization Business
Unit at Cisco. "Cisco is committed to collaborative efforts that provide
jointly tested best-in-class solutions in order to give our customers the
best possible competitive advantages."
"With current market volatility and record volumes in electronic markets,
trading infrastructure must be able to deliver increasing data volumes
with lowest possible latency," said Michael Parlapiano, Executive Vice
President of Reuters Information Management Solutions. "Reuters is pleased
at the continuing innovation that Cisco, Sun and Intel bring to our joint
customers to ensure that they continue to get the absolute highest
performance from our industry-leading market data platform."
This optimized configuration consists of Reuters Market Data System
installed on the Sun Microsystems next generation rackmount server powered
by Dual-Core Intel® Xeon® processor 5100 series with Cisco InfiniBand
Server Fabric Switches running on the Solaris™ 10 OS. Tests were
performed by Sun Microsystems, using standard Reuters test procedures. The
tests demonstrated a 32 percent increase in messages per second over other
published benchmarks, resulting in a record maximum throughput rate of two
million updates per second on a single Reuters Market Data System process.
The Reuters Market Data System (RMDS) is the leading direct exchange feed
integration and distribution platform, installed at more than 2,500 Reuters
customer sites and powering some of the largest automated trading
applications in the financial industry. RMDS is a robust, low latency
market data platform that can support huge throughputs of data, not just to
the trading floor but to every part of the organisation. Automated trading
applications with an extremely low latency tolerance, can be plugged into
the multicast backbone, using the latest in network and hardware
technologies.
Cisco Server Fabric Switches use standards-based InfiniBand technology to
provide a high performance unified fabric for connecting servers together
into grids of compute resources. InfiniBand takes advantage of Remote
Direct Memory Access (RDMA) technology to greatly reduce latency, latency
jitter and CPU utilization, while increasing the throughput and message
capacity of automated trading environments.
Sun's open source Solaris operating system is built on industry standards
including long-standing investment in TCP/IP and InfiniBand. Coupled with
optimized support for Intel's Xeon Architecture, comprehensive support for
third-party hardware and rich innovative functionality, it makes an ideal
OS for development and deployment of high-throughput, 24x7x365, mission
critical applications.
Dual-Core Intel Xeon 5100 processors 5100 rs series based on Intel ®
Core™ architecture offer breakthrough performance and energy efficiency,
with large 8MB On-Die cache and dedicated high speed interconnects. This
enables reduced latency with sub-millisecond transaction times and more
powerful market data delivery.
"In an environment where commercial success or failure can be determined
now in microseconds, Sun's commitment to systems and software innovation,
in collaboration with Reuters, Intel and Cisco, demonstrates how we help
our joint customers deliver the levels of performance necessary to succeed
in today's fast moving markets," said Lawrence Scott, VP Global Financial
Services Industry, Sun Microsystems. "We look forward to helping customers
seize the opportunities presented by these low latency, high throughput
solutions to drive their businesses forward."
"The advancements in Intel Xeon® multi-core processors can deliver
extraordinary market data rates at the low-latency required by today's
trading environment as demonstrated by the record speed of this system,"
said Jason Waxman, general manager, Intel High Density Servers. "For
customers this means an infrastructure that not only can support the
demands of today's market data requirements, but can meet the accelerating
requirements of the future that will enable customers to grow their
businesses."
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About Reuters
Reuters (www.reuters.com), the global information company, provides
indispensable information tailored for professionals in the financial
services, media and corporate markets.
Cisco, the Cisco logo, and Cisco Systems are registered trademarks or
trademarks of Cisco Systems, Inc. and/or its affiliates in the United
States and certain other countries. All other trademarks mentioned in this
document are the property of their respective owners. The use of the word
partner does not imply a partnership relationship between Cisco and any
other company. This document is Cisco Public Information.
Sun, Sun Microsystems and Solaris are trademarks or registered trademarks
of Sun Microsystems, Inc. in the United States and other countries.
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