Skyler Enlists Tervela to Cut Latency

Skyler officials say that while its own C3 database can create an order book within 10 microseconds, this has sometimes been hampered by network latency. "Demand for low latency has been around for some time. While not a requirement for all customers, this is where large banks and broker-dealers are headed," says Skyler president and chief operating officer Michael Lenahan.

Customers for whom latency is not a top priority will still be able to feed data into C3 from their existing market data

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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