Exegy and StreamBase Partner on Latency Reduction

Exegy and StreamBase have partnered on a solution that allows firms to develop and deploy their algorithms in multiple asset classes at high speed.

The Exegy Ticker Plant provides a high-capacity source for low-latency data, in a normalized stream of level 1, level 2 and proprietary hardware accelerated calculations to keep the StreamBase Complex Event Processing (CEP) platform up to date. Raw and consolidated market data captured by the Exegy Ticker Plant is fed into StreamBase CEP via Infiniband and memory sharing techniques, reducing latency.

The partnership enables banks and hedge funds to manage the increasing amounts of equities, FX, futures, and options data needed for algorithmic trading strategies, back testing, pricing, and smart order routing, and to do so at competitive speeds.

"The integration of high-speed data handlers with superfast CEP engines is a natural marriage that brings together two of the most important pieces of technology within any high-speed trading environment," says Alex Tabb, partner at Tabb Group, the capital markets research and strategic advisory firm. "Creating a single, integrated, optimized platform for managing incoming data from the time it hits your NIC to the time it leaves your CEP engine is ‘a no-brainer,' providing value by laying off complexity, eliminating user-integration issues and improving the overall performance of your trading environment."