SOURCE: ACTIV Financial

ACTIV Financial

November 18, 2010 09:35 ET

ACTIV Financial Launches Second Generation FPGA Solution to Further Reduce Hardware Footprint and Market Data Latency

Enhanced FPGA Offering Lowers Total Cost of Ownership While Providing Fast Access to Top-Quality Global Market Data

NEW YORK, NY--(Marketwire - November 18, 2010) - ACTIV Financial, a global provider of fully managed low-latency market data solutions, today announced the second generation of ACTIV's Market Data Processing Unit (MPU). Its FPGA-accelerated market data offering, ACTIV MPU Gen2 is helping companies manage escalating data volumes without the need for additional hardware or other costly operational investments, thus lowering total cost of ownership.

ACTIV's MPU is the first market data service offering to combine FPGA-driven hardware acceleration in a fully managed market data offering. ACTIV MPU Gen2 was designed to provide low latency market data to firms dealing with the weight of today's mounting hardware and data management costs. The fast, flexible solution delivers:

  • 5 million messages per second, per card, with multi-card in a box potential
  • Microsecond performance with dramatic footprint reduction
  • Standard PCIe design and compatibility across many host PCs (one box solution)
  • Access to direct global exchange data, including US, APAC and EMEA real-time feeds

"The once dominant 'throw another server at it' mentality has become costly and unsustainable for financial firms today, particularly as data volumes continue to explode," said Frank Piasecki, president and co-founder of ACTIV Financial. "ACTIV has always sought to provide top-quality low-latency market data solutions, giving our clients the edge they need to compete cost-effectively. With MPU Gen2, ACTIV is delivering a global enterprise solution that will solve our clients' message rate problem while at the same time significantly reducing their hardware footprint by as much as 80%."

ACTIV MPU Gen2 has been installed at several clients Please contact ACTIV to review your hardware plans for 2011.

About ACTIV Financial
ACTIV Financial is a global full-service market data provider specializing in the delivery of ultra low-latency, high-availability market data. ACTIV provides end-to-end solutions including direct-feed technologies, hardware acceleration data feeds, global consolidated data feeds, ticker plants, enterprise solutions and tick/news databases, all combined with a large-scale distribution and fan-out technologies. ACTIV is privately owned with offices in Chicago, New York, Tokyo, Singapore and London, serving over 350 customers worldwide, managing more than 120 feed handlers and nearly 20 data centers spread across five continents. For more information, please visit: www.activfinancial.com.