LDA Technologies (LDA), the innovation leader in advanced ultra-low latency FPGA and network solutions for capital markets, is pleased to announce that NeoTap X, LDA’s unique off-the-shelf timestamping and tap aggregation solution, has been named Best New Technology Introduced Over the Last 12 Months (Infrastructure) in this year’s American Financial Technology Awards (AFTAs).
NeoTap X is the most powerful and reliable off-the-shelf tap aggregation and timestamping system on the market. It directly addresses the growing challenges posed by increasing data volumes. Whether for trade monitoring, compliance reporting, advanced analytics, or network performance optimization, NeoTap X delivers the speed, accuracy, and reliability essential for high-speed, real-time operations.
Vahan Sardaryan, co-founder and CEO, said: “Being recognised by the AFTAs reinforces our ongoing commitment to solve the real challenges our clients face as data volumes grow and latency pressures rise. NeoTap X is built with that in mind: a dependable, future-ready platform that gives firms the reliability, precision, and performance they need to stay ahead in an increasingly complex market.”
NeoTap X helps users eliminate their reliance on external storage with its optional integrated storage for compliance, troubleshooting, and advanced analytics. Its dual FPGA configuration and configurable traffic filters ensure the product is future-proof for evolving network demands, and its optional low-latency in-band timestamping for latency-sensitive analytics and certain other use cases ensures real-time precision while minimising latency to just 100-200 nanoseconds per packet (in, out).
The AFTAs recognize standout innovation from buy-side, sell-side, and third-party fintech vendors across the global financial services industry. Winners of each category are selected by an esteemed panel of judges who award excellence in financial technology.
