Warrenville, IL (PRWEB) April 17, 2007
29West, Inc., a leading provider of high-performance messaging software solutions, today announced that Rai Technology, a premier provider of next generation market data infrastructure technologies, will support 29west's messaging software with the firm's Rai Insight and Rai Cache products. The integration will allow Rai customers to make use of 29West's Latency Busters® Messaging (LBM) low-latency messaging product as a supported messaging transport.
29West's LBM is a fast, efficient, lightweight messaging system targeted specifically at low-latency, high-speed streaming messaging applications. LBM support with Rai Insight will provide real-time performance monitoring of any system that uses LBM. Adding LBM support to the Rai Cache will increase supported transport options for Rai's high performance caching and distribution platform and offer new possibilities for integration between new and legacy systems.
According to David Ashburner, CEO of Rai Technology, "LBM integration into Rai's monitoring and cache tools is a natural choice as we see the demand for LBM grow."
"We are very pleased to be working with Rai and to be able to offer Rai customers a high performance messaging choice as a part of Rai's industry leading products. As latency and stability under load become more and more critical, we are seeing continued growth in the market for 29West Messaging. The trend is toward higher performance data delivery and that trend is forcing many firms to reconsider how they distribute and share data. This pressure towards low latency and high performance plays well for us given our performance advantages over the other commercial messaging products available today," said Mark Mahowald, president and founder of 29West.
Founded in 2002 by a former Talarian executive, 29West team members have been at the forefront of high-speed, real-time data distribution and networking since the mid-1980s. They created the original architecture and led the implementation of the first Rich/Reuters TRIARCH digital trading floors. From its first release in November 2004, 29West's Latency Busters Messaging (LBM) has set a new standard in performance for financial market messaging and has been deployed in over 50 firms worldwide. With the introduction of Ultra Messaging for the Enterprise (UME), 29West has added persistence and delivery confirmation to its industry leading messaging product offerings. For more information, visit http://www.29west.com.
Rai Technology was founded by former senior staff from Teknekron™, TIBCO™, TIBCO Finance™ and Reuters™. Rai Technology is applying our decades of hands-on experience building the next generation of market data infrastructure. Behind all of Rai's product decisions is the goal of providing customers with the lowest latency solutions possible while preserving investment in existing infrastructure. For more information, visit http://www.raitechnology.com.
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