New York, NY (PRWEB) September 17, 2007
29West, Inc., pioneers in low-latency messaging technology, and Voltaire Ltd. (NASDAQ: VOLT), a leader in grid backbone solutions, today announced support for 29West Messaging API's on Voltaire's InfiniBand solutions, providing system architects with the high performance of Voltaire's InfiniBand-based switches and software and 29West's low-latency messaging technology. The combined solution delivers significantly higher performance and lower latency to market data and other financial services messaging applications than solutions using Gigabit Ethernet.
pioneers in low-latency messaging technology, and Voltaire Ltd. (NASDAQ: VOLT), a leader in grid backbone solutions, today announced support for 29West's Messaging API's on Voltaire's InfiniBand solutions, providing system architects with the high performance of Voltaire's InfiniBand-based switches and software and 29West's low-latency messaging technology. The combined solution delivers significantly higher performance and lower latency to market data and other financial services messaging applications than solutions using Gigabit Ethernet.
"We are very pleased to be working with Voltaire and to be able to offer Voltaire's financial services customers a substantially higher performance messaging choice as part of this industry leading solution. As latency and stability under load become more and more critical, we are seeing continued growth in the market for our Latency Busters® Messaging (LBM) and Ultra Messaging™ for the Enterprise (UME) products. 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.
29West's LBM is a fast, efficient, lightweight messaging system targeted specifically at low-latency, high-speed streaming messaging applications. UME is a low-latency, high-speed persistent messaging solution with delivery confirmation that is designed for larger firms that need a new messaging model to replace legacy messaging solutions enterprise-wide.
InfiniBand is an industry-standard interconnect architecture that delivers I/O fabric performance demanded by data centers, high-performance computing and embedded environments. Offering high bandwidth of 10 - 60 Gbps, RDMA-based messaging and low latency, InfiniBand is a technology for addressing market data infrastructure challenges. Voltaire and 29West's Messaging provide financial trading operations with a software solution that enables the integrated use of the many advantages InfiniBand offers across their market data infrastructure, including significantly lower application-to-application latency than that provided by other existing architectures. The solution also leverages Voltaire's software libraries for application acceleration and multi-service switches with integrated InfiniBand, GbE and FC ports, which can offload external network traffic to improve the efficiency of the overall solution.
"High-performance messaging is becoming increasingly important to Voltaire's financial services customer base," said Amir Prescher, vice president of business development, Voltaire. "We look forward to working with 29West to use our InfiniBand-based solutions to bring significantly higher performance, lower latency messaging solutions to market."
29West is the leader in high-performance, low-latency messaging solutions for financial institutions. Founded in 2002 by Mark Mahowald (former COO of Talarian), 29West team members have been at the forefront of high-speed, real-time data distribution and networking since the mid-1980s. 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 100 firms worldwide. With the introduction of Ultra Messaging™ for the Enterprise (UME) at the end of 2006, 29West has added persistence and delivery confirmation to its industry-leading messaging product offerings. With offices in Chicago, New York, and London, 29West supports the financial markets worldwide.
For more information, visit http://www.29west.com
Voltaire designs and develops server and storage switching and software solutions that enable high-performance grid computing within the data center. Voltaire refers to its server and storage switching and software solutions as the Voltaire Grid Backbone™. Voltaire's products leverage InfiniBand technology and include director-class switches, multi-service switches, fixed-port configuration switches, Ethernet and Fibre Channel routers and standards-based driver and management software. Voltaire's solutions have been sold to a wide range of end customers including governmental, research and educational organizations, as well as enterprises in the manufacturing, oil and gas, entertainment, life sciences and financial services industries.
Founded in 1997, Voltaire Ltd. is headquartered in Herzeliya, Israel, and has its U.S. headquarters in Billerica, Massachusetts. More information is available at http://www.voltaire.com.
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