NovaSparks Bows Data Compressor to Boost Microwave Throughput Rates
The conflation feature will help clients sent more data than previously possible over ultra-low latency microwave networks.
NovaSparks COO Olivier Baetz says the vendor developed the conflation feature in response to demand from clients using microwave networks to distribute normalized data from NovaTick to other datacenters. Because microwave bandwidth is much more expensive than fiber networks, microwave connectivity between datacenters can be only 1 percent the size of typical fiber networks.
“This is why trading firms have to be very careful in choosing what markets and what instruments from these markets they choose to transmit. But they always want to transmit more, whether it is more markets, more instruments, or additional depth of book for some instruments. The new output market interface offers better utilization of the bandwidth on their network, while remaining in pure hardware for the lowest latency,” Baetz says.
Officials say the new feature covers all 60 market feeds already supported by NovaTick, and adds about 50 nanoseconds (ns) of processing time compared to NovaSparks’ existing 10 Gigabit Ethernet output option, with no additional decoding required on the customer site, keeping wire-to-wire latency at less than 800ns. However, Baetz says this can save hundreds of microseconds in queuing latency during market bursts.
“The optimized output functionality provides them with the built-in capability to adapt the output rate to the available bandwidth of their wireless networks. They don’t need to do it themselves. More importantly, the functionality is performed in pure hardware in the same processing pipeline as the feed handler and book-building, which eliminates all software/CPU processing,” he adds.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
New working group to create open framework for managing rising market data costs
Substantive Research is putting together a working group of market data-consuming firms with the aim of crafting quantitative metrics for market data cost avoidance.
Off-channel messaging (and regulators) still a massive headache for banks
Waters Wrap: Anthony wonders why US regulators are waging a war using fines, while European regulators have chosen a less draconian path.
Back to basics: Data management woes continue for the buy side
Data management platform Fencore helps investment managers resolve symptoms of not having a central data layer.
‘Feature, not a bug’: Bloomberg makes the case for Figi
Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.
SS&C builds data mesh to unite acquired platforms
The vendor is using GenAI and APIs as part of the ongoing project.
Aussie asset managers struggle to meet ‘bank-like’ collateral, margin obligations
New margin and collateral requirements imposed by UMR and its regulator, Apra, are forcing buy-side firms to find tools to help.
Where have all the exchange platform providers gone?
The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.
Reading the bones: Citi, BNY, Morgan Stanley invest in AI, alt data, & private markets
Investment arms at large US banks are taken with emerging technologies such as generative AI, alternative and unstructured data, and private markets as they look to partner with, acquire, and invest in leading startups.