NEW YORK, March 13, 2006 -- Wombat Financial Software Inc., experts in low-latency trading technology, and Voltaire, the worldwide leader in grid backbone solutions, today announced support for a combined solution that sets the new standard for end-to-end latency minimization, improved capacity and greater scalability across commodity servers for market data infrastructures. Joint benchmark tests reveal a significant response time improvement over traditional Ethernet solutions while providing virtually unlimited linear scalability.
Business units across the capital markets are intent on maximizing the effectiveness of their trading algorithms and strategies by advancing the speed with which they receive prices and related data from the global markets. Wombat and Voltaire now offer the ability for such leaders to deploy Wombat�s market connectivity and messaging platform across servers connected by Voltaire�s multi-service director-class switches that leverage the InfiniBand standard. The combined solution relies on Voltaire's unique transport library that enables a transparent bypass of traditional OS protocol layers to provide 3X-5X higher message throughput, significantly lower latency and CPU overhead. Using the solution, businesses can substantially reduce end-to-end application latency as well as gain linear scalability to address higher market data and trading volumes.
"Wombat's mission is to provide limitless connectivity to the global markets. In the trading technology market, breaking down limits means embracing promising new technical advancements at each layer of the enterprise infrastructure stack, and InfiniBand is a prime example of that," said Ken Barnes, vice president of business & planning at Wombat. "By following the demands of our mutual customers we believe that Wombat and Voltaire have created the market leading platform for supporting high frequency trading systems across the financial markets."
InfiniBand is an industry-standard interconnect technology that delivers exceptional I/O fabric performance demanded by data centers, high-performance computing, and embedded environments. Offering high bandwidth of 10 - 60 Gbps, RDMA-based messaging and ultra low latency, InfiniBand is a key technology for addressing market data infrastructure challenges. Voltaire and Wombat, when leveraging 29West's Latency Busters' Messaging, provide financial trading operations with a unique software solution that enables the seamless use of the many advantages InfiniBand offers across their market data infrastructure, including the lowest application-to-application latency in the industry. The solution also leverages Voltaire multi-service switches with integrated InfiniBand, GbE and FC ports which can offload external network traffic to improve the efficiency of the overall solution.
"InfiniBand will be a key component in the next-generation market data solutions architected on Wall Street", Patrick Guay, vice president of marketing, Voltaire. "Voltaire's InfiniBand-based solutions offer a unique combination of high bandwidth, very low latency and CPU utilization that brings tremendous performance and latency improvements to Wombat's market data and trading software. Voltaire has worked closely with Wombat in order to create significant performance improvements, which translates into measurable competitive advantage for customers."
Voltaire is the worldwide leader in grid backbone solutions for networked computing in the next generation data center. Voltaire�s integrated family of switching hardware and network virtualization software delivers the high performance, intelligent backbone for grid computing architectures. Leveraging the InfiniBand standard, Voltaire solutions offer improved performance, utilization and scalability across compute clusters, storage and IP networks. Voltaire solutions are available from major systems vendors and integrators. More information about Voltaire is available at http://www.voltaire.com or by calling 1-800-865-8247.
About Wombat Financial Software
Wombat enables limitless connectivity to the global markets through the world's most advanced high speed market data infrastructure, the Wombat Platform. With offices in the US and UK, Wombat software underpins automated market-making systems, electronic-trading floors and tick-capture platforms in financial institutions around the world. The Wombat Platform includes Wombat Feed Handlers, providing sub-millisecond connectivity to more than 80 direct exchange and aggregated vendor feeds; Wombat Transport, enabling high speed, multi-protocol messaging throughout the enterprise; Wombat APIs; and Wombat value added servers such as the Wombat SuperBook virtual order book consolidator and the Wombat DBAC tick-capture adapter. For more information, visit http://www.wombatfs.com .