Voltaire Collaborates with NASDAQ OMX and HP to Deliver Next Generation High-Speed Trading Platform to Singapore Exchange
14 June 2010 - 11:00PM
Business Wire
Voltaire Ltd. (NASDAQ: VOLT), a leading provider of scale-out
data center fabrics, today announced that it is collaborating with
NASDAQ OMX and HP to deliver an ultra-fast, next-generation
equities trading platform to Singapore Exchange (SGX).
The new trading engine – SGX Reach – is delivered through NASDAQ
OMX’s Genium INET technology, Voltaire InfiniBand switches and
Voltaire Messaging Accelerator™ (VMA™) software and HP ProLiant
server blades. On May 7, 2010, SGX conducted a benchmark test with
its partners at the HP Capacity Planning Centre in Singapore and
achieved a record-breaking, average order response time of less
than 90 microseconds door-to-door. This will provide customers with
the fastest execution capability in the world.
Voltaire pioneered the delivery of low-latency, InfiniBand- and
10 Gigabit Ethernet-based market data solutions to the financial
services industry and today works with server OEMs such as HP to
sell solutions to many of the world’s top exchanges, banks and
hedge funds. Voltaire’s unique VMA software dramatically improves
performance of high frequency trading and other multi-cast
applications, further reducing latency and increasing application
throughput per server.
“SGX is investing in the most advanced trading technology to
ensure that our customers enjoy ultra-fast trading and the best
access to Asia,” said Bob Caisley, chief information officer, SGX.
“We are delighted to be leveraging on the low-latency
characteristics of Voltaire’s InfiniBand switches and software to
ensure the success of this initiative.”
“We have been very impressed by how well Voltaire’s VMA software
has operated for us in the development and testing of SGX’s new
trading platform,” said Mats Andersson, chief technology officer,
NASDAQ OMX. “Voltaire’s VMA software provided most of the latency
improvement without requiring any changes to the application. With
this solution, we are able to fully utilize the performance
benefits of InfiniBand.”
“The infrastructure Singapore Exchange is investing in, which
includes Voltaire InfiniBand and our unique messaging acceleration
software for the absolute lowest latency trading network, will
place Singapore Exchange among the leading exchanges of the world,”
said Amir Prescher, executive vice president, business development,
Voltaire. “We are extremely pleased to be working with Singapore
Exchange on this important project.”
“With financial transactions increasing exponentially, clients
in the trading industry need to establish a competitive advantage
in the market by dramatically increasing the performance of their
systems,” said Lee Fisher, manager of FSI business development,
Scalable Computing and Infrastructure organization, HP. “HP’s
BladeSystem platform and ProLiant server blades coupled with
Voltaire technologies ensure clients have the high performance and
reliability they need to support critical financial trading
transactions.”
About Voltaire
Voltaire (NASDAQ: VOLT) is a leading provider of scale-out
computing fabrics for data centers, high performance computing and
cloud environments. Voltaire’s family of server and storage fabric
switches and advanced management software improve performance of
mission-critical applications, increase efficiency and reduce costs
through infrastructure consolidation and lower power consumption.
Used by more than 30 percent of the Fortune 100 and other premier
organizations across many industries, including many of the TOP500
supercomputers, Voltaire products are included in server and blade
offerings from Bull, Fujitsu, HP, IBM, NEC, SGI and Sun. Founded in
1997, Voltaire is headquartered in Ra’anana, Israel and Chelmsford,
Massachusetts. More information is available at www.voltaire.com or
by calling 1-800-865-8247.
Forward Looking Statements
Information provided in this press release may contain
statements relating to current expectations, estimates, forecasts
and projections about future events that are “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements generally relate to
Voltaire’s plans, objectives and expectations for future operations
and are based upon management’s current estimates and projections
of future results or trends. They also include third-party
projections regarding expected industry growth rates. Actual future
results may differ materially from those projected as a result of
certain risks and uncertainties. These factors include, but are not
limited to, those discussed under the heading “Risk Factors” in
Voltaire’s annual report on Form 20-F for the year ended December
31, 2009. These forward-looking statements are made only as of the
date hereof, and we undertake no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise.
All product and company names mentioned herein may be the
trademarks of their respective owners.
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