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.
More from Sell Side Technology
Updating your subscription status
Voting now open -- WATERS RANKINGS 2013
Our 11th annual survey is now open and you get the chance to choose your best solutions and technology providers. Waters Rankings 2013 features 26 hotly contested awards - so have your say.
19 Jun 2013
27 Jun 2013
10 Jul 2013
10 Sep 2013
Complex, dated and unwieldy data infrastructure is not uncommon among even the most progressive companies in the world of finance. As financial regulations...
With the launch of a new legal entity identifier (LEI) looming, the financial services industry needs to get ready to ensure efficient and timely implementation...