Akuna Capital Selects Solace Systems as Messaging Backbone of Global Trading System
Ottawa, Ontario (PRWEB) August 06, 2013 -- Solace Systems announced today that Akuna Capital has selected Solace messaging appliances as the data distribution layer of their global high-speed trading system. The Solace appliances, which have replaced homegrown middleware, give Akuna a fast, scalable and fully redundant infrastructure that allows them to focus resources on optimizing their differentiating trading strategies. Akuna Capital is a fast-growing boutique trading house based in Chicago that specializes in derivatives market-making and arbitrage.
“As our trading strategies encompass more asset classes and geographies, we need a rock-solid messaging infrastructure that accelerates our globally coordinated trading and gives us the flexibility to seize new opportunities as they present themselves,” said Andrew Killion, CEO at Akuna Capital. “Solace has reduced the complexity and risk of our system while giving us world-class performance so we can focus on what we do best: implement innovative electronic trading strategies.”
Akuna considered a number of approaches including commercial alternatives and continuing to invest in their homegrown infrastructure before settling on Solace. Akuna particularly valued Solace’s operational transparency and control, extreme reliability, and features such as diskless persistence, built-in WAN optimization and market data flow control.
“Nimble trading firms with unique approaches are best positioned to succeed in today’s capital markets,” said Craig Betts, CEO at Solace Systems. “We’re excited to work with Akuna Capital to help them realize greater returns from their trading strategies.
About Akuna Capital
Akuna Capital is a fast-growing boutique trading house that specializes in derivatives market-making and arbitrage. We pair up experienced and talented traders with our innovative IT department to create a flexible and dynamic approach to trading.
About Solace Systems
Solace Systems makes appliances that let companies distribute real-time data to desktop, enterprise and mobile applications with higher performance and at lower cost than alternatives. Solace has been successfully deployed by customers in financial services, government, internet services, telecom, manufacturing, energy, transportation and logistics.
Larry Neumann, Solace Systems, http://www.solacesystems.com, 613-271-1010 x1067, [email protected]
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