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Messaging for Capital Markets - Two Camps Emerge (Analyst Insight)
DATAMONITOR VIEW
CATALYST
SUMMARY
INTRODUCTION
Solace and Tervela led in hardware acceleration for messaging
29West is the standard-bearer for the software-only approach
ANALYSIS
The hardware camp
Solace
Tervela
Tibco
The software camp
29West
IBM
RTI
NYSE Technologies
Ticker plant vendors are also going the appliance route
Exegy
Redline Trading
ACTIV Financial
CONCLUSION
APPENDIX
Definitions
10 Gigabit Ethernet (10GbE)
API
Cell chip
COTS
CPU
C2HDL/C-to-HDL
Daemon
DAPL (pron. “dapple”)
Datapath
DDS
FAST
Feed handler
FIX
FPGA
GPU
HDL
InfiniBand
Jitter
Latency
LDMA and RDMA
Middleware
MOM
Multicast
Nehalem
Network processor
NIC
OPRA
RDS
SDP
Software stack
TCP
Ticker plant
UDP
Unicast
Verilog
XML
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
FIGURES
Figure: Hub-and-spoke architecture for messaging
Figure: Tervela’s Neighbor-based Messaging
Figure: Peer-to-peer architecture for messaging
Brief
Published by
Datamonitor
Published on
01 Jul 2009
Product code
BFTC2416
Pages
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