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TIBCO, Arista Networks, Dell, and Mellanox Technologies Team Up to Provide Financial Markets With Extreme Low-Latency Messaging

^{Published on 2011-04-19 01:20:35 - Market Wire}
 

PALO ALTO, CA--(Marketwire - April 19, 2011) - [ TIBCO Software Inc. ] (NASDAQ: [ TIBX ]) today announced a collaboration with Arista Networks, Inc.; Dell™ (NASDAQ: [ DELL ]); and Mellanox® Technologies, Ltd. (NASDAQ: [ MLNX ]) (TELAVIV: [ MLNX ]) to deliver an end-to-end solution based on TIBCO FTL® to enable financial trading market customers to rapidly turn millions of messages per second into actionable information on the trading room floor.

In today's global financial market, where the vast majority of trading is performed electronically by high performance trading software, speed is the key to being competitive. Trading firms, exchanges and regulators are all looking at technologies that will provide them the lowest possible latency with better flexibility and agility from start to finish in order to detect and recover from issues in real time.

This collaboration brings together more than 65 years of industry experience to provide customers with a solution highly optimized for trading and capital market environments. The TIBCO FTL extreme low latency messaging solution features TIBCO FTL, Arista 7100 switches, Dell PowerEdge™ C6100 servers, and Mellanox ConnectX®-2 EN 10GigE NICs with RoCE (RDMA over Converged Ethernet). This solution provides customers with:

• significant reduction in end-to-end application latency;

• better compliance through increased risk control and automated visibility into data streams;

• increased agility, capacity and flexibility with modular design and powerful management features;

• ability to filter only relevant information from millions of messages per second; and

• improved ROI with the ability to leverage advancements in existing networking and platform technology without having to invest in rewriting existing application code, including native integration with TIBCO Rendezvous^®.

Supporting Quotes
"TIBCO has more than 20 years of experience in redefining trading room floors of the future," said Rourke McNamara, sr. director of product marketing, TIBCO. "We're very excited to team with industry-leading vendors in hardware and networking to provide financial institutions with the competitive edge of contextual, real-time information needed for flawless trading execution from start to finish."

"We are thrilled to collaborate with TIBCO to provide our financial trading customers with an extreme low-latency trading messaging solution," said Mansour Karam, managing director of business development at Arista Networks. "Our combined technology takes advantage of the latest innovations and we believe we are uniquely positioned to provide customers with the competitive advantage of unprecedented end-to-end speed."

"Faster access to information means faster time to analysis and faster time to profitability," said Andy Rhodes, executive director of marketing, Dell Data Center Solutions. "Having the right building blocks in place is essential for breaking through computing bottlenecks and data center complexity to enhance performance and scalability."

"The financial industry is highly competitive and organizations must develop innovative solutions to continue to drive growth and profitability," said Asaf Somekh, vice president of solution marketing at Mellanox Technologies. "Partnering with worldwide technology leaders helps ensure the best solution and positions our clients to win the 'lowest latency possible' race and have access to technologies engineered to maximize server and storage investments."

About Arista Networks
[ Arista Networks ] was founded to deliver Cloud Networking Solutions for large data center and computing environments. Arista's award-winning best-of-breed 10 Gigabit Ethernet switches redefine scalability, robustness, and price-performance. At the core of Arista's platform is [ EOS ], a ground-breaking new software architecture. [ Arista Networks ] markets its products worldwide through distribution partners, systems integrators and resellers.

About Mellanox
Mellanox Technologies (NASDAQ: [ MLNX ]) (TELAVIV: [ MLNX ]) is a leading supplier of end-to-end InfiniBand and Ethernet connectivity solutions and services for servers and storage. Mellanox products optimize data center performance and deliver industry-leading bandwidth, scalability, power conservation and cost-effectiveness while converging multiple legacy network technologies into one future-proof architecture. The company offers innovative solutions that address a wide range of markets including HPC, enterprise, mega warehouse data centers, cloud computing, Internet and Web 2.0.

About TIBCO
TIBCO Software Inc. (NASDAQ: [ TIBX ]) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimizing claims, processing trades, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage™ -- the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time. Learn more at [ www.tibco.com ].

TIBCO, two-second advantage, TIBCO FTL, Rendezvous, and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. Mellanox and ConnectX are trademarks of Mellanox Technologies, Ltd. Dell and PowerEdge are trademarks of Dell Inc. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.