Partnership yields lowest latency financial trading cloud

Transaction speed runs accuracy a very close second as the high priority requirements in financial trading cloud services, so getting latency down to its lowest possible number is vitally important. It can mean the difference between make a trade or failing to, with the latter often costing a business millions in losses.

Meeting that challenge is the target for a partnership between Scalable Informatics and Lucera that has led to what is claimed to be the world's first low latency on-demand financial cloud service.

Scalable Informatics produces tightly-coupled, fast computing, storage, and networking appliances for time series, massive storage, data warehouse, and noSQL database applications. has been recognized as a key partner behind the, built by Lucera. The high performance cloudinfrastructure is based on Scalable’s siCloud product, including their siRouter, siFlash, and JackRabbit systems.

Running on the Scalable hardware, Lucera's cloud infrastructure redefines how low-latency collocated systems are deployed. Lucera provides on-demand provisioning and a flexible, scalable, and holistic infrastructure management that, according to the company, can reduce infrastructure costs by up to 32 percent, while providing a virtually instant and flexible deployment model.

The Scalable-based cloud is also home to Lucera's LumeFX, a fully-distributed hyper-intelligent matching engine for Foreign Exchange that distributes processes across multiple machines, allowing dynamic scale (by simply adding cores) as volume increases.

 “The reality is, the infrastructure demands of our industry are immense, and the only solution is to custom design systems to meet those challenges. With Scalable we do that, every day.”

"Working with Lucera, we have been able to design a scalable system that brings powerful on-demand low-latency trading capabilities to anyone,” says Dr. Joseph Landman, CEO of Scalable Informatics. “By designing our hardware to run Lucera software as fast as possible we have helped reduce both the cost and deployment time for this new breed of trading system. Where else can a trader create an on-line account, deploy servers, and connect to any financial destination with a 100 percent software-defined network faster than it takes to drink a cup of coffee?"

"People who are serious about great software require an intimate relationship with their hardware, which is why we work so closely with Scalable. That's the only way we are able to greatly reduce latency and set new benchmarks around the world,” stated Jacob Loveless, CEO of Lucera, the only way that the required performance was achievable was because of the close relationship between the two partners.

 “The reality is, the infrastructure demands of our industry are immense, and the only solution is to custom design systems to meet those challenges,” he said. “With Scalable we do that, every day."