SOURCE: BLADE Network Technologies

BLADE Network Technologies

April 16, 2010 15:13 ET

BLADE Network Technologies CEO Vikram Mehta and NASDAQ OMX CTO Mats Andersson to Address "The Race to Zero Latency in High Frequency Trading" in Keynote Session at High Performance Computing Financial Markets

SANTA CLARA, CA--(Marketwire - April 16, 2010) -  BLADE Network Technologies, Inc. (BLADE), the trusted leader in data center networking, announced today that BLADE's president and CEO Vikram Mehta and NASDAQ OMX CTO Mats Andersson are featured speakers on the "Need for Speed, Low Latency and Cost Savings on Wall Street" during the morning keynote session at the High Performance Computing Financial Markets conference on April 19 at the Roosevelt Hotel in New York. The morning keynote on "The Race to Zero Latency" will start at 8:30am EDT. 

"Wall Street favors firms that are smarter and faster than the competition by achieving near-zero latency," said Mehta. "Wall Street is constantly innovating using the latest technology to squeeze out microseconds from trading and market data paths. We have been extremely gratified by leading financial industry firms' acceptance of our ultra low-latency RackSwitch products, which are proving to be ideal for today's high-frequency trading systems. Leading financial institutions, such as NASDAQ, are also leading in server, storage and network virtualization, which is the next big leap in the data center revolution."

"I am pleased to join with BLADE Network Technologies' Vikram Mehta and other industry leaders to explore how the finance industry can harness state-of-the-art networking, cloud computing and virtualization technologies to achieve the highest speeds and lowest latency while reducing TCO," said Andersson.

Mehta will also speak on the conference's Cloud Computing afternoon session. For more information about the conference, visit http://www.flaggmgmt.com/linux/.

BLADE's Low Latency and Unique Virtual Machine-aware Network Virtualization
BLADE Network Technologies will also be showing at booth 218 its ultra low-latency, low-power, lossless and low-cost award-winning 10Gb Ethernet RackSwitch products, as well as its VMready network virtualization software that is the first and only Virtual Machine-aware networking software.

Keynote: Need for Speed, Low Latency, Cost Savings on Wall Street
Wall Street has discovered the need for speed, low latency and cost savings. Firms are making money with transaction times in milliseconds. Firms are betting on low latency. All are looking to save money on initial investments and operating costs over the life of the system. Hear these experts discuss the critical issues including virtualization that will impact on their firm's business.

Session: Cloud Computing
Cloud Computing on Wall Street offers robust opportunities. Cloud must accommodate compliance, security and internal controls. Private Clouds are an option being explored by many Wall Street firms. This session is designed to provide plain talk beyond the hype on Cloud today.

Interested media and analysts can contact events@flaggmgmt.com or press@bladenetwork.net to request a press pass.

About BLADE Network Technologies
BLADE Network Technologies (BLADE) is the industry's leading provider of network fabrics for high-performance data centers. Its blade switches, top-of-rack RackSwitch™, VMready™ network virtualization software and Smart Server Control™ software are key elements of the company's Unified FabricArchitecture™. BLADE's "Rackonomics" approach makes it simple for businesses to rapidly deploy and configure massive amounts of server and storage infrastructure, interconnect the various infrastructure elements, virtualize the infrastructure to maximize efficiency and utilization and easily manage the infrastructure to achieve the most optimal TCO. With 8 million ports in production deployment, BLADE's proven fabric products connect millions of server and storage systems at over 9,500 enterprises in over 26 different industry verticals, including 350 of the Fortune 500. Visit: http://www.bladenetwork.net. Twitter: @BLADENetwork.

BLADE Network Technologies, the BLADE logo, BLADEHarmony, BLADEOS, FabricHarmony, RackSwitch, RackSwitch Solution Partner, SmartConnect, Smart Server Control, VMready, vNIC, NMotion and Unified FabricArchitecture are trademarks of BLADE Network Technologies. All other names or marks are property of their respective owners.

Contact Information

  • CONTACT:
    Maxine Bingham
    BLADE Network Technologies
    (408) 886-5028
    Email Contact

    Zee Zaballos
    ZNA Communications
    (831) 425-1581 x201
    Email Contact