Javelin Technologies Releases Performance Results on Intel-based Systems; Javelin's Appia Trading Infrastructure Records 4,500 TPS
Tuesday October 30, 8:01 am Eastern Time
Press Release
SOURCE: Javelin Technologies, Inc.
Javelin Technologies Releases Performance Results on Intel-based Systems; Javelin's Appia Trading Infrastructure Records 4,500 TPS
NEW YORK, Oct. 30 /PRNewswire/ -- Javelin Technologies released today results from recent performance testing of its Appia(TM) electronic trading infrastructure on Intel-based systems. The tests revealed a transaction per second count of approximately 4,500. The testing reveals the highest throughput level of any protocol-based infrastructure on the market today, and greatly advances the ability of Javelin customers to achieve STP and T+1.
``The immediate benefit of this testing is, of course, an engine which can process nearly 4,500 transactions per second,'' said Witold Sames, Javelin's senior vice president of product development. ``But it was the insight we were given by the engineers at Intel that will really prove to be beneficial in the long-term.''
The tests were conducted on two eight-way 700 MHz Pentium® III Xeon processor-based servers at Intel's Application Solution Center in Virginia. When Appia is used in a four-way environment, the solution can conduct nearly 2,500 TPS. More than 100 tests were conducted in a variety of environments over a two-week period, and the results will help Javelin further enhance its solutions and continue to improve electronic trade communication in the global financial marketplace.
``The success of Javelin Technologies performance testing at the Intel Solution Center in Virginia is an excellent illustration of the value that is provided to both software vendors and customers using this center,'' said Rhett Livengood, director, Americas Region, Intel Solution Services. ``The ability to tune a software solution in this manner allows Javelin Technologies to focus on their customers specific functionality needs.''
``Our experience with Intel has been fantastic,'' said George Kledaras, CEO of Javelin Technologies. ``Not only are we able to demonstrate and quantify the speed and reliability of our software, but this will also help our future development efforts.''
Enhancements resulting from the testing sessions will be included in future versions of Javelin's Appia infrastructure. Appia is a transaction server designed to improve trade communication, facilitate STP, and increase connectivity. Appia integrates into any existing system environment and provides a single foundation for a firm's external and internal communication.
Appia offers multi-version support of the FIX protocol, as well as support for FIXML, Swift, CMS and ACT reporting. Additionally, Appia interacts with a wide range of middleware APIs and can connect to a Brass interface via the FIX protocol. The infrastructure can also be implemented as a high availability (HA) solution, ensuring minimal down time through continuous server replication and quick fail over.
``We remain committed to the delivery of open, standards-based technology in both hardware and software,'' said Raj Kapur, head, Intel Global Financial Services Industry Marketing. ``This is particularly relevant in the area of STP and the march towards T+1 where open standards will greatly facilitate next day clearing and settlement. The performance, scalability and reliability of Intel-based systems and the leadership of Javelin's protocol-based solutions will be essential in this quest''
About Javelin Technologies, Inc.
With nearly 1,000 installations at more than 200 major buy and sell-side institutions, securities clearing houses, hedge fund managers, exchanges and ECNs worldwide, Javelin Technologies is a leading supplier of electronic trade communication technology and the leader in Financial Information Exchange (FIX) technology. Javelin solutions provide better trading through universal connectivity, streamline workflow and eliminate the high cost and risk of developing proprietary network links and protocol implementations.
Javelin is based in New York City with offices in San Francisco, London, Paris and Hong Kong. Winner of the 2001 Deloitte & Touche Shooting Star award for fastest-growing technology companies, Javelin's electronic trading solutions power hundreds of clients including Chicago Board Options Exchange (CBOE), Yahoo!, Morgan Stanley Dean Witter, Advent Software, Fidelity Management Research, Instinet, Thomson Financial and Market XT/Tradescape. For more information on Javelin's electronic trading solutions, visit javtech.com.
SOURCE: Javelin Technologies, Inc.
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