Colt launches managed FPGA market data solution powered by NovaSparks
26 April 2017 - 11:20AM
JCN Newswire (English)
Capital Markets firms to benefit from NovaSparks' ultra-low latency
FPGA normalisation integrated with Colt's MarketPrizm API
HONG KONG, Apr 26, 2017 - (ACN Newswire) - Colt announced today
that participants can now receive TSE's Flex Full market data feed
normalised with an FPGA solution[1] as part of its market data
portfolio for Capital Markets customers. The normalised market data
feed is available for consumption in colocation at the exchange and
wrapped in Colt's MarketPrizm API. The fully integrated solution
enables customers to benefit from the ultra-low latency and
deterministic performance of FPGA technology combined with the
flexibility and ease of use of Colt's API.
The managed solution enables clients in colocation to consume the
feed immediately without requiring any additional investments or
footprint, making this a very cost-effective approach. This FPGA
market data solution, powered by NovaSparks, provides financial
firms with the benefits of a managed solution, faster time to
market, and the ultra-low latency offered by FPGA technology.
Novasparks' FPGA feed handler normalises data feeds in under one
microsecond even during times of high market activity, hence
ensuring ultra-low latency and deterministic performance. In
addition, the full integration with Colt's MP-API means that firms
can easily combine the ultra-low latency FPGA feed with Colt's
software normalised solution to benefit from enhanced functionality
and full redundancy.
"Capital Markets firms face significant challenges to remain
competitive. A number of our customers have expressed interest in a
managed FPGA market data solution, combining ultra-low latency and
flexibility to help them succeed - and without upfront investment
costs. At Colt, we thrive on putting customers first and setting
the benchmark for customer experience. That's why we are pleased to
bring to market this cost-effective solution that addresses our
customers' requirements and further enhances the Colt Capital
Markets portfolio," said Andrew Housden, Vice President, Capital
Markets at Colt.
Olivier Baetz, Chief Operating Officer at NovaSparks, said, "We are
proud to partner with Colt to accelerate their market data
infrastructure offering. The tight integration of NovaSparks pure
FPGA solutions with Colt's MP-API allows banks and trading firms to
leverage the speed of FPGA market data processing in a simple and
cost effective manner."
A licensed market data vendor since acquiring MarketPrizm, Colt
offers market data feeds for major European, Asian and North
American markets. It offers more than 50 feeds from exchanges and
liquidity venues for equities, derivatives, commodities and FX,
delivering data at consistently low latencies even during periods
of volatility.
Notes to the Editor:
[1] The FPGA solution is a hardware-based solution that allows
traders to normalise market data feeds at nanosecond speeds, even
during times of high market activity.
About Colt
Colt provides high bandwidth and voice services for enterprises and
wholesale customers in Europe, Asia and North America's largest
business hubs. Colt enables the digital transformation of
businesses through its intelligent, purpose-built, cloud-integrated
network, known as the Colt IQ Network. It connects over 700 data
centres around the globe, with over 24,500 on-net buildings and
growing, and provides voice services in 21 countries. Colt is also
recognised as an innovator and pioneer in software defined networks
(SDN) and network function virtualisation (NFV).
Colt has built its reputation on putting its customers first, with
a focus on delivering true local presence and agility for
enterprises that are global yet need local attention. Customers
include data intensive organisations spanning over 200 connected
cities in nearly 30 countries. Colt counts 19 of the top 25 global
telecoms companies and 18 out of the top 25 global media companies
(Forbes 2000 list, 2016) amongst its customers. In addition, Colt
works with over 50 exchange venues and 13 European central banks.
Privately owned, Colt is one of the most financially sound
companies in its industry and able to provide the best customer
experience at a competitive price. For more information, please
visit www.colt.net.
About NovaSparks
NovaSparks is the leader in FPGA-based high performance and
ultra-low latency market data solutions for the financial industry.
NovaSparks unique FPGA centric approach delivers sub microsecond
processing latency including book building, even during market peak
periods. Available for over 50 feeds among the major Equity,
Futures and Options venues across North America, Europe and Asia,
the feed handlers are packaged in easy-to-deploy appliances
offering an extensive fan-out capability for market data
distribution. Founded in 2008 and backed by well-established
investors, NovaSparks' offices are located in Paris, France and New
York, USA.
Media Contacts:
Colt Technology Services Co., Ltd.
Corporate Communications Group
Chen Liang / Miki Miyasaka
Tel: +81-3-4560-4480 / E-mail: asia-press@colt.net
Think Alliance Group for Colt,
Henry Chow
Tel: +852 3978 5323 / E-mail: henry.chow@think-alliance.com
Matthew Schultz
Tel: +852 3978 5321 / E-mail: matt.schultz@think-alliance.com
Source: Colt
Copyright 2017 ACN Newswire . All rights reserved.
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