Gresham Computing Claims Ultra-Low Latency Transaction Control

London-based Gresham Computing claims that its financial transaction control system can complete 500,000 transactions per second.

Gresham's Clareti Transaction Control solution (CTC), which uses ‘in-memory' matching, can complete 1.8 billion transactions per hour, according to the results of tests at Intel's lab in Reading, UK.

"The high performance achieved during this most recent benchmark shows that CTC can be used in extremely high-volume, low-latency environments to give operational certainty to financial organisations and infrastructure providers conducting billions of transactions per hour," says Neil Vernon, development director at Gresham Computing.

"CTC's flexibility allows it to be optimised to operate in two modes: pure in-grid (in-memory) matching where CTC is used as a real-time service for the most exacting trading environments; and with a full database attached allowing a throughput of 50,000 transactions per second with all transactions written to the database," Vernon adds.