Category Archives: Ultra Messaging

Electronic Trading Systems Moving to the Cloud

More and more business applications are moving from the desktop to the cloud, and electronic trading applications are no different.

Over the last five or ten years, application vendors have established several advantages of running major applications, even mission-critical applications like salesforce.com, over the cloud.

These advantages include:

  • Easier and smoother upgrades, which provides much better adaptability and agility in the face of changing market and business conditions, plus a better user experience,
  • Better scalability, with newer technology advances, and
  • Better portability across a wide array of device types, including smartphones and tablets (especially in the last 2-3 years).

Recent improvements in Web technology, such as HTML5 WebSockets, are helping to speed this transition along by providing several throughput and latency advantages over earlier iterations of Web technology, and even over native Windows applications. Now, application architects can freely choose the technology that provides a better path for growth, agility, and scalability, which is often a Cloud-based solution.

As I write this, a few of our customers who provide electronic trading solutions to their clients are making the strategic move to develop a next generation application based in the Cloud. The main driver for one customer was to be able to take on more clients more quickly and therefore grow the business faster by increasing marginal revenue and profitability. They found that the list of challenges with a thick desktop client to be just too big for growing the business as quickly as they wanted to — or needed to.

Messaging middleware, especially peer-to-peer solutions such as Informatica Ultra Messaging, can be a very important piece of a Cloud-based application. The peer-to-peer “nothing in the middle” model provides applications not just ultra-high performance (whether for high throughput or low latency), but also near-linear scalability, true 24×7 reliability and availability, and business and IT agility. These qualities tie directly to the advantages listed above.

Cloud-based applications, of course, must also contend with the Internet and all that comes with that: support for various browsers and platforms (and versions of each), scalability and bandwidth issues, and mobile devices like smartphones and tablets. New web technologies like HTML5 WebSockets from Kaazing are best positioned to take care of the path from server to the smartphone or tablet, and with JMS connectivity to Ultra Messaging on the back end, can provide a Cloud-based application with a lean, scalable and agile infrastructure, usually with less hardware.

For more, please see our 2011 Efficiency series (#1, #2, #3) on our Perspectives blog, or whitepapers such as Modern Messaging Middleware for Big Data in Motion or Enterprise Messaging Data for the Web.

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Posted in Big Data, Cloud Computing, Operational Efficiency, Real-Time, SaaS, Ultra Messaging | Tagged , , , | Leave a comment

Electronic Trading Moves Into Fixed Income

Evaluating a price in the Equities or Foreign Exchange (“FX”) markets does not require much calculation, and so one of the prime limiting factors on winning those trades has been the speed of data movement, from one application to another, either within the same host or across the network. But the world of Fixed Income, commonly known as “bonds”, is different. (more…)

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Posted in Business Impact / Benefits, Business/IT Collaboration, Financial Services, Operational Efficiency, Ultra Messaging | Tagged , , , , | Leave a comment

Informatica at EMC World – Where Big Data Needs Integration

This week the EMC World 2012 conference is taking place in Las Vegas.  Informatica is participating as a partner continuing its commitment to the EMC Select Partnership for the Informatica ILM and MDM solutions.   Informatica has continued to expand its partnership to include support for its Greenplum Hadoop distribution – mostly to support organizations needs for big data integration while making big data manageable and secure. (more…)

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Posted in Application ILM, Big Data, Data Privacy, Master Data Management, Ultra Messaging | Tagged , , , , , , | Leave a comment

Real-Time Risk Analytics with Ultra Messaging and Data Transformation

To follow up on our recent blog about B2B Data Transformation and Ultra Messaging Cache Option, we would now like to discuss the same topic within the Capital Markets.

One up-and-coming use case in the Capital Markets that we are excited about is front office real-time risk analytics on streaming market data, to decrease risk by informing traders in real time about potential changes to trading strategies, based on the most up-to-date data possible.

(more…)

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Posted in B2B, Data Transformation, Real-Time, Ultra Messaging | Tagged , , , , , , , | Leave a comment

Simplistic Approaches to Data Federation Solve (Only) Part of the Puzzle – We Need Data Virtualization (Part 2 of 3)

In my last post, I introduced the concept of data federation, which for now I would like to differentiate from data virtualization – a term that I’ll bring into focus in a bit. But first, we explored two issues: data accessibility and data latency. Within recent times, the sophistication of data accessibility services has matured greatly, to the point where one can somewhat abstract those accessibility services from the downstream consumer (or “reuser”) of data. (more…)

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Posted in SOA, Ultra Messaging | Tagged , , | Leave a comment

Remote Data Collection and Transformation – with Ultra Messaging Cache Option and B2B Data Transformation

Sometimes when I drive past an electronic tollway collection sensor, I wonder about the amount of data it must generate. I’m no expert on such technology, but at a minimum, the RFID sensor has to read the chip in your car, and log the date and time plus your RFID info, and then a camera takes a picture to catch any potential violators. Now multiply that data times the hundreds of thousands of cars that drive such roads every day, times the number of sensors they pass, and I’m quite sure this number exceeds several million messages per day. (more…)

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Posted in B2B, Big Data, Data Aggregation, Data Transformation, Financial Services, Healthcare, Public Sector, Telecommunications, Ultra Messaging | Tagged , , , , , , , , , , | Leave a comment

Ultra Messaging: Carrying the Load for Financial Exchanges

In a recent post: Remove the Restrictor Plate with High Performance Load Balancing, my colleague Jeff Brokaw compared the high performance architecture of Informatica Ultra Messaging to the removal of the carburetor restrictor plate on a NASCAR racing engine to increase airflow and speed. Ultra Messaging has removed the “restrictor plate” in that it provides direct peer-to-peer communication between applications with no intermediary brokers – thereby  delivering extremely high and sustained throughput rates at low latencies. (more…)

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Posted in Big Data, Customer Acquisition & Retention, Financial Services, Real-Time, Ultra Messaging, Vertical | Tagged , , , , , , , , | Leave a comment

Remove the Restrictor Plate with High Performance Load Balancing

Similar to the way that a carburetor restrictor plate prevents NASCAR race cars from going as fast as possible by restricting maximum airflow, inefficient messaging middleware prevents IT organizations from processing vital business data as fast as possible.

(more…)

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Posted in Big Data, Business Impact / Benefits, Financial Services, Governance, Risk and Compliance, Operational Efficiency, Telecommunications, Ultra Messaging | Tagged , , , , , , , , , , , | Leave a comment

Informatica Ultra Messaging Enables Early SEF Movers

In a recent post: Informatica Ultra Messaging Software Supports Capital Markets Reforms, I discussed the technology implications of the OTC derivatives (swaps) market moving to electronic trading as mandated by the Dodd-Frank Act (DFA) in the US and the European Market Infrastructure Regulation (EMIR) in Europe. One area where new technology infrastructure will be especially critical is in the creation and operation of “exchanges” for electronic swaps trading, similar to what is used for equities and other asset classes. In the language of the DFA, such exchange venues are called Swap Execution Facilities (SEFs) and are defined as “a facility, trading system or platform in which multiple participants have the ability to execute or trade swaps by accepting bids and offers made by other participants that are open to multiple participants in the facility or system, through any means of interstate commerce.” This of course includes capturing orders electronically, matching bids and offers, executing the trades, and providing connections to central clearing houses. And perhaps nowhere else in the new ecosystem is the expected growth in message volumes and associated need for new messaging middleware technology more evident than here. (more…)

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Posted in Big Data, Financial Services, Governance, Risk and Compliance, Real-Time, Ultra Messaging | Tagged , , , , , | Leave a comment

Latency Matters, Even For Websites And Rich Internet Applications

In the past, the term latency has been largely ignored in the IT world, with the exception of network engineers and algorithmic trading experts. But today, there is compelling evidence that latency is an important metric for every business that runs a website, or that deploys Rich Internet Applications (RIAs), because even small delays in presenting data show a clear pattern of pushing customers and readers away.

Interesting data, replicated by multiple sources (including Bing, Google, and Amazon) show that slow-loading pages can cause the viewer to lose focus and potentially even click on something else, possibly never to return.

For instance, on search results, a delay of just .5 second chases away up to 20% of the traffic and revenue. As it says at this O’Reilly Radar post, “delays under half a second impact business metrics”.

(more…)

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Posted in Customer Acquisition & Retention, Financial Services, Operational Efficiency, Public Sector, Telecommunications, Ultra Messaging | Tagged , , , , , , , , , | Leave a comment