The purpose of the upgrade is to ensure greater performance of IT applications and meet the demand for speed and order processing capacity of financial markets in the coming years. The new system, flexible and open, will also contribute to a considerable reduction of maintenance costs.
The new platform, based on IBM Blade servers which use Linux operating system, enables outstanding performance in speed, efficiency and security.
During the first stage of the project, a system was implemented for the reception, in real time, of stock prices in 12 major financial markets worldwide.
The second stage concluded with the start of the Visual Trader’s fully developed FIX engine on IBM-Linux. During the third and last stage, which is to be carried out in the coming months, the order routing systems for all national and international equities will be incorporated into the new platform.
Visual Trader has opted for IBM’s “on demand” solution, which allows the expansion of the system’s capacity according to the demand of performance at a low cost while at the same time facilitating the incorporation of new technology into future business projects.
Visual Trader relies on the IBM-Linux solution for its central systems, where IBM’s support as well as that of Morse, IBM’s Business Partner has been of great value.
About Visual Trader
Visual Trader is the state-of-the-art technology solution for global access to the
major stock exchanges in the world. This computer system comprises a
powerful front office for real time multi-market transactions from one terminal,
with the most comprehensive level of information available for a broker, and a
single routing interface (VT Gateway) to access a number of international order
routing networks, with links to over 40 markets and hundreds of banks and
brokers worldwide, both for sending and receiving orders from those networks.
About IBM
BM is the world's largest information technology company, with 80 years of
leadership in helping businesses innovate. Drawing on resources from across
IBM and IBM Business Partners, IBM offers a wide range of services, solutions
and technologies that enable customers, large and small, to take full advantage
of the new era of e-business. For more information about IBM, visit
http://www.ibm.com.
