In-memory database brings low-latency performance and proven reliability to financial services
Issaquah, WA – November 12, 2012 — McObject®, provider of innovative database solutions for real-time applications, announced today the immediate availability of eXtremeDB Financial Edition, its high-performance, fault-tolerant in-memory database system (IMDS) designed for time-critical capital markets systems such as algorithmic trading, risk management, order matching and quantitative analysis.
McObject also announced that TradeStation Technologies, a Monex Group company (TSE: 8698) and an affiliate of the award-winning broker-dealer and futures commission merchant, TradeStation Securities, plans to adopt eXtremeDB Financial Edition for data management in its next-generation order-execution system. “Our technology differentiates us. Among other awards, Barron’s magazine recognized TradeStation in 2012 for the best trading experience and technology among online brokerages,” said T. Keith Black, TradeStation Technologies’ chief technology officer. “eXtremeDB Financial Edition demonstrated performance that is an order of magnitude better than other DBMSs we evaluated, and we are excited about the end-user benefits it will help to deliver as part of our live trading technology.”
The eXtremeDB product family has a proven track record in embedded systems where it is trusted in millions of deployments, in fields ranging from aerospace to telecommunications, defense and industrial control. eXtremeDB Financial Edition builds on that solid foundation, bringing flexible development tools, high reliability and the lowest possible latency for an IMDS to financial services. The product includes an array of new features built for trading organizations and others developing technology for capital markets.
These features include:
- Support for columnar data storage to improve efficiency in handling time-series data such as trades and quotes. With eXtremeDB Financial Edition, system designers can combine a columnar layout with traditional rows in a single database design, to optimize run-time efficiency.
- A rich library of more than 80 vector-based statistical functions that cut latency in time-series data management and maximize efficiency of L1/L2 cache use.
- Improved clustering technology that boosts distributed database performance and scalability.
- A new GUI database performance monitor, to observe the effect of changes to the database or application on transaction throughput, memory consumption and other key factors when fine-tuning to reduce latency.
eXtremeDB Financial Edition delivers speed without sacrificing reliability. Database transactions fully support the ACID (atomicity, consistency, isolation, durability) properties, while transaction logging provides recoverability. Optional Clustering and High Availability sub-systems distribute the database to multiple hardware nodes, to guarantee uninterrupted processing in the event of failure on one node. A fast, native C/C++ API is type-safe, greatly reducing the potential for run-time bugs. SQL/ODBC, JDBC and native Java and C# APIs are provided as well – development with eXtremeDB Financial Edition is faster, because there are no proprietary languages to learn. All of these features are available at no additional cost.
eXtremeDB Financial Edition is available now through McObject. For pricing, please contact email@example.com or call 1 (425) 888-8505.
Founded by embedded database and real-time systems experts, McObject provides the eXtremeDB database system product family to build low latency, high scalability and reliability into real-time financial systems while harnessing the growing volume of data in capital markets. McObject counts among its customers industry leaders such NSE.IT, SunGard Kingstar, Transaction Network Services, Dalian Commodity Exchange, Financial Technologies of India Ltd. (FTIL), BAE Systems, Northrop Grumman, Siemens, Philips, EADS, Spirent Communications, F5 Networks, Motorola and Boeing. Based in Issaquah, WA, McObject is committed to providing innovative technology and first-rate services to customers and partners. For more information, please contact at +1-(425)-888-8505, or visit http:/
McObject and eXtremeDB are registered trademarks of McObject LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.
f5 networks, spirent communications, mcobject llc, india ltd., bae systems, transaction network services, boeing, northrop grumman, philips, eads, tradestation technologies, tradestation securities, motorola, monex group, siemens, improved clustering technology, live trading technology, java, others developing technology, api, gui, issaquah, time-critical capital markets systems, development tools, sub-systems, telecommunications, database to multiple hardware, data management, real-time applications, database solutions, risk management, real-time financial systems, uninterrupted processing, real-time systems experts, online brokerages, 1-(425)-888-8505, 1 (425) 888-8505, t. keith black, firstname.lastname@example.org, washington, database management systems, financial markets, data management, information technology management, computing, transaction processing, embedded databases, tradestation, ring, extremedb dbms, database, the boeing company, chief technology officer, dabur india limited, bae systems plc, koninklijke philips electronics n.v., spirent communications plc, european aeronautic defence and space company eads n.v., c, tns incorporated, siemens ag, northrop grumman corporation, tradestation group inc
479 days ago,(2013/10/08) - McObject
Issaquah, WA, October 8, 2013 – In the industry’s first test of in-memory database system (IMDS) speed and recoverability using the emerging Non-Volatile DIMM (N...
News: eXtremeDB Database Debuts in Four International Exchanges, Yielding 20-Fold Performance Gain in Real-Time Market Data Analytics
841 days ago,(2012/10/11) - McObject
Distributed Order Matching Engine (DOME) Based on McObject’s In-Memory Database System (IMDS) Benefits Exchanges in India, Singapore & Mauritius Issaquah, WA&...
News: McObject Joins STAC Benchmark Council, Embraces Customer-Defined Metrics for Trading Technology Performance
990 days ago,(2012/05/15) - McObject
May 14, 2012 — McObject®, provider of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced today that the company has joine...
News: BASF SE, Berkshire Hathaway, Commonwealth Bank Of Australia Among Five Stocks Added To Dow Jones Global Titans 50 Index - Changes Follow Regular Periodic Reviews Of Dow Jones Titans Indexes, Become Effective After Close Of Trading On June 15, 2012
974 days ago,(2012/05/31) - News Articles
BASF SE (Germany), Berkshire Hathaway Inc. Cl B (United States) and Commonwealth Bank of Australia (Australia) will be among five stocks added to the Dow Jones Global Titans 5...
1038 days ago,(2012/03/28) - McObject
March 27, 2012 — McObject®, provider of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced that Spreadbrokers, a London-b...
1148 days ago,(2011/12/09) - TNS (Transaction Network Services)
Ffastfill, a leading provider of hosted solutions to the global derivatives community is strengthening its offering by signing an agreement with connectivity provider, Transac...
1045 days ago,(2012/03/21) - McObject
March 19, 2012 — McObject®, developer of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced that NSE.IT, the wholly-owned...
1064 days ago,(2012/03/02) - News Articles
Click here to download the weekly statistics update of TOM MTF for week 9 - 2012. This week was the first full week of trading single stock options on Philips and ASML with mo...