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Jack Swan, MST’s President, said, "Financial services firms seek reduced latency to gain a competitive advantage, and the proven performance of Concurrent’s Linux extensions provides guaranteed, deterministic response times and eliminates spikes in latency. Coupling this technology with our products and Novell’s support organization and experience allows us to deliver ultra-low latency, scalable, reliable solutions with a low total cost of ownership and a level of service and support demanded by enterprise customers.” Both solutions are available immediately, in standalone and hosted configurations.
"The improved predictability of data delivery with Concurrent Real-Time Extensions (RTE) Powered by SUSE Linux platform will translate to an elevated quality of service and competitive positioning," said Warren Neuburger, COO of Concurrent. "We are pleased that our partner Market Systems Technology is taking a lead on leveraging RTE to help financial firms realize these key business benefits."
"Market Systems Technology’s adoption of (RTE) Powered by SUSE Linux platform empowers financial institutions to reap the performance benefits of real-time computing for system performance and mission-critical reliability. The addition of Market Systems Technology to Novell's global PartnerNet network helps us extend the benefits of SUSE Linux Enterprise platform to financial institutions worldwide." said Kimberly Lorusso, Industry Marketing Manager, Financial Services, Novell.
MST’s Market Access ticker plant can process hundreds of thousands of messages per second of financial market data, from hundreds of sources. Market Data Network messaging middleware can distribute over one million messages per second, supporting thousands of client applications. These highly scalable products provide high performance and reliability at low overall cost. In a standard installation, typical latency for each system is less than one millisecond. With these solutions deployed on the Concurrent Real-Time Extensions Powered by SUSE Linux platform, latency and response time can be reduced and guaranteed.
About Concurrent
Concurrent is a leading provider of high-performance, real-time Linux software and solutions for commercial and government markets. For 40 years Concurrent’s best-of-breed products have enabled a range of time-critical solutions including: modeling and simulation, high speed data acquisition, visual imaging, low latency transaction processing and on-demand television. Concurrent’s on-demand television applications are utilized by major service providers in the cable and IPTV industries to deliver video-on-demand (VOD). Concurrent is a global company with regional offices in North America, Europe, Asia and Australia, and has products actively deployed in more than 24 countries. Concurrent’s products and services are recognized for being uniquely flexible, comprehensive, robust and reliable. For more information, please visit www.ccur.com.
About Market Systems Technology
Market Systems Technology, Inc., formerly a division of Dow Jones and Co., Inc., has been a premium provider of low latency solutions for the financial services industry for over twenty years. MST’s products, designed for and deployed in demanding environments such as stock and options exchanges, are now available to broker/dealers, banks, hedge funds, market makers, and other financial services companies. MST, a privately held corporation based in Boston, Massachusetts, is a member of Novell's PartnerNet program. For more information about Market Systems Technology, visit http://www.mktsystech.com/, or email info@mktsystech.com.
