InfoDyne Deploys ARCA's New FAST Multicast into Production at Multiple Customers
Chicago, January 31, 2008 – InfoDyne Corporation, a leading provider of direct exchange feed handlers and ticker plant technology, today announced that multiple customers have deployed into production its solution for the new ArcaBook Multicast for Equities full depth Orderbook feed from NYSE Euronext. The new FAST version of the ArcaBook Equity feed has just been release by ARCA to replace its existing TCP/IP based datafeed. Customers of InfoDyne’s direct exchange TPS+Plus systems were able to upgrade to the new solution within days without having to make any changes to their existing applications.
Message rates last quarter on NYSE’s ARCA Equites feed hit one second peaks of 108,000, while on NASDAQ’s INET feed message rates rose to five second peaks of 60,000. By migrating to multicast distribution, ARCA’s head end system can transmit the data once to all subscribers, as opposed to sending it individually via TCP/IP sessions to each and every customer, which can cause data latency, especially at peak times of the day.
InfoDyne’s TPS+Plus system features latency monitoring services, which trigger alarms when latency on any incoming feed exceeds a pre-defined threshold. “The latency alarms have stopped at all customer locations where we have deployed our new ARCA/FAST multicast feed handlers,” said Bruce Friedman, head of Managed Service Operations at InfoDyne. “Multicast datafeeds, along with our ability to scale our Consolidated Orderbook product using alphabetic splitting, has increased our head room considerably at all client locations.”
InfoDyne worked quickly with ARCA on implementing the new ARCA/FAST specification which was issued this last fall. The solution was implemented within InfoDyne’s Orderbook product which can publish full depth Orderbooks from individual exchanges, or publish consolidated views of multiple venues, such as ARCA, INET, BATS, DirectEdge, and others. “We had a number of hurdles to overcome as early adopters of the feed, including support for line arbitration which was not supported initially by the feed,” said Evan Theodoropoulos, head of Project Management at InfoDyne. “The coordination of InfoDyne development with ARCA, and the detailed functional and performance testing really paid off,” Theodoropoulos added.
“We’re happy our customers were able to sustain trading operations with no latency during the high message rates experienced last week,” said Guy Tagliavia, InfoDyne’s President and CEO. “InfoDyne has always been customer focused, and we’re working hard to maintain that reputation by keeping up to date with the rapid changes occurring in the marketplace,” Tagliavia added.
Availability
InfoDyne’s direct exchange TPS+Plus system is a proven market data platform and interoperates with multiple vendor systems, third party applications, and operating environments. The system features the highest throughput and lowest latency feed handlers and middleware technology in the industry. Recent tests with OPRA/FAST confirmed over 1M messages/sec with less than 150 microseconds of latency on standard HP server hardware.
InfoDyne’s Managed Service Program option is an outsource solution for managing, monitoring, and administering a customer’s TPS+Plus system deployment. InfoDyne’s operations team ensures TPS+Plus is always up-to-date, that the datafeeds are accurate and timely, and that all metrics operate within acceptable thresholds. InfoDyne has provided Managed Services for over 10 years, with most customers choosing this option as a cost effective, reliable, and proven service they can depend on.
About InfoDyne
InfoDyne Corporation (www.infodyne.com) has been a pioneer in providing market leading enterprise products and solutions to the financial marketplace for over 15 years. With a commitment to eliminating market data latency, InfoDyne delivers ticker plant, execution management, and 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 EMS+Plus™ solution offers direct trade and order routing to major exchanges, ECNs, and other trading partners. All InfoDyne products are compatible with the leading client site system solutions currently in the market, including InfoDyne’s own high-performance Middleware technology. InfoDyne’s TPS+Plus™, EMS+Plus™, and Middleware 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 more information on InfoDyne’s Consolidated Orderbook Server, please see: http://www.infodyne.com/m/20071920714725430163/ConsolidatedOrderBooks.aspx