InfoDyne’s Latency Service Ensures TPS+Plus Performance
Chicago, June 16, 2006 – InfoDyne Corporation, a leading provider of low latency ticker plant, trade/order processing, and middleware technology for algorithmic trading, today announced a new Latency Service offering that ensures the absolute lowest possible latency to customer’s mission critical applications. This unique Latency Service combines a set of core product capabilities, tools/utilities, and managed services that measure, detect, diagnose, and resolve latency threshold events if and as they occur.
“The Latency Envelop of every message starts with the point of message origination at the exchange and ends with the delivery of that same message to the customer’s application”, said Falke Bruinsma, Head of Development at InfoDyne. “Our goal with the new Latency Service offering was not only to detect any increase in end-to-end latency, but to pin-point the location where the latency is occurring. This is critical to understanding the cause of latency and resolving the problem quickly for the customer.” Bruinsma added.
In this age of algorithmic trading where a difference of microseconds can represent immeasurable risk, it is not enough to deploy direct exchange feeds, high performance hardware, and feed handlers. Latency can occur at any time and for many reasons, and can leave a customer exposed if left undetected and unresolved. Often times, these latency events occur at the most critical time of the trading day, when market risk is at its peak.
“InfoDyne’s Latency Service capabilities differentiate our products and services from our competition”, said Dan Reinmund, Head of Sales at InfoDyne. “This is another example of how we have responded to customer needs and expanded our products and services accordingly”, Reinmund added.
The Latency Service is an extension of InfoDyne’s existing Managed Service offering, whereby InfoDyne provides remote managed services for TPS+Plus client installations. The core product functionality, along with the tools and utilities that comprise the Latency Service, can also be utilized by customers to monitor and manage latency within their own systems and applications.
About InfoDyne
InfoDyne Corporation (www.infodyne.com) has been a provider of market leading enterprise products and solutions to the financial marketplace for over 15 years. With a commitment to “encapsulate your enterpriseTM”, InfoDyne delivers ticker plant, straight through processing, and object-based middleware technology — solutions that offer a quantifiable market advantage, a reduced cost of ownership, and a high rate of return.
InfoDyne’s TPS+Plus™ ticker plant system integrates direct exchange, ECN, and consolidated feeds, including all North American and most major global exchange feeds, to provide dramatically faster data delivery than traditional market data consolidators, and, at a significantly lower cost. InfoDyne’s STP+Plus™ solution offers direct trade and order routing to major exchanges, and other trading partners.All InfoDyne products are compatible with the leading client site system solutions currently in the market, including InfoDyne’s own object-based Middleware2 technology.InfoDyne’s TPS+Plus™, STP+Plus™, and Middleware2 system solutions are deployed on-site within a customer’s own data center or as a fully managed service at a shared data center facility.
For additional information please contact:
InfoDyne Corporation
(847) 759-1000
Toll Free 866-954-5900