Cisco, Reuters, Intel and Sun Team Up
Cisco, Reuters, Intel and Sun Team Up
Month Date, 2007: Cisco has collaborated with Rueters, Intel and Sun Microsystems to create an automated trading solution.
With this many vendors involved it can be quite a mouthful to rattle them all off the tongue, so put simply the market data systems wing of Rueters commissioned Cisco to provide a server based automated trading system, which has then been run on Sun’s Intel Xeon based system.
"With current market volatility and record volumes in electronic markets, trading infrastructure must be able to deliver increasing data volumes with lowest possible latency," said Michael Parlapiano, Executive Vice President of Reuters Information Management Solutions.
The technical specifications for the new product are quite hefty, which is to be expected considering the amount of brand names being splashed all over the project. Rueters’ data system will be installed on Sun’s rack-mounted servers, which are powered by Intel Xeon 5100 Dual-Cores. The systems will rely on Cisco InfiniBand Server Fabric Switches running on the Solaris operating system.
“In an environment where commercial success or failure can be determined now in microseconds, Sun's commitment to systems and software innovation, in collaboration with Reuters, Intel and Cisco, demonstrates how we help our joint customers deliver the levels of performance necessary" said Lawrence Scott, VP Global Financial Services Industry, Sun Microsystems.