LDA Technologies (LDA), the innovation leader in advanced ultra-low latency solutions for capital markets, is pleased to announce that NeoTap X, its unique off-the-shelf timestamping and tap aggregation solution, has been named the Best Trading Infrastructure Monitoring Platform in this year’s TradingTech Insight Awards USA.
NeoTap X sets a new standard in trading infrastructure by delivering unmatched bandwidth, precision, and reliability for capital markets. It supports firms that ingest market data or execute orders across multiple venues, ensuring every packet is precisely timestamped. In addition to ensuring compliance, this process allows firms to reconstruct event sequences, provide evidence of the data transmission, and build algorithms that react in real time.
NeoTap X also provides state-of-the-art low level monitoring capabilities that enable exchanges and large hosting providers to implement the highest fairness and network protocol correctness standards. The addition of the ultra-low latency in-band timestamping option enables multiple use cases across exchanges and AI-driven, latency-sensitive analytics.
Vahan Sardaryan, CEO and co-founder of LDA Technologies, said: “Being recognized for NeoTap X a second time this year reinforces the innovative nature of our products. NeoTap X is the industry’s most powerful off-the-shelf, FPGA-based timestamping, tap aggregation and network monitoring solution. It enables customers to do far more in considerably less rack space than previously required, combining unprecedented bandwidth, processing power, and unique features in a 1RU unit, resulting in a future-proof solution with significantly lower cost of ownership.”
The TradingTech Insight Awards USA recognize excellence in trading solutions, highlighting vendors providing exceptional trading infrastructure, technology and data solutions to capital markets participants across North America. The winners are chosen through industry voting as well as a review from the advisory board, which is comprised of executives at companies such as UBS and JP Morgan.
Built on the Neo X reconfigurable hardware platform, NeoTap X provides clients with a powerful, future-proof timestamping, tap aggregation and monitoring solution that addresses the growing bandwidth demands of capital markets.
