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| Enhanced trading solution from Skyler |
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Trading solution offers scaled to meet increasingly large throughput
requirements. The new solution can accommodate more than 600,000 messages per second.
Skyler gears up for the future of trading
New Enterprise Version of C3 Scaled for Volume Expected in 2010 New York,- June 10th, 2008 - Skyler Technology, Inc., the award-winning
innovator in ultra low latency market data solutions for the capital markets,
announced a key enhancement to the Skyler C3 Liquidity Discovery Solution.
Skyler's C3 product suite has been scaled to meet increasingly large throughput requirements. The new solution can accommodate more than 600,000 messages per second while processing and maintaining the entire US equities market and delivering Skyler's trademark microsecond ultra-low latency. "Our market research revealed that throughput requirements are set to increase dramatically over the next two years as the number of messages per second continues to grow exponentially," says Steve Cooper, Skyler CEO and Chairman. "Skyler's enhanced solution supports clients to meet the expected increase in messaging rates through the year 2010 and beyond," he continued. The throughput enhancement follows the recent release of a new version of Skyler C3 Liquidity Discovery which includes sophisticated scalability and high availability mechanisms, as well as more architectural flexibility to deliver liquidity information to smart-order routing systems, algorithmic engines and GUI based applications. An extended set of adapters to industry standards such as Reuters RMDS 6, 29West, and Tervela are also available for evaluation. Through these enhancements, clients continue to benefit from faster access to fragmented liquidity, resulting in more powerful order routing and lower market impact. In addition to the new throughput capacity, the enhancements allow greater processing efficiency therefore minimizing the number of servers required; ultimately resulting in a lower total cost of ownership. "Most firms are not prepared to meet the throughput requirements projected for 2010 and beyond. We have been working closely with our customers to address these expected rates and are dedicated to helping them make these crucial preparations to ensure the low latency of their market data infrastructure," says Mr. Cooper. About Skyler Technology, Inc. Skyler Technology, Inc. delivers the fastest insights for Trading. Skyler C3 solutions provide the fastest market data analytics to broker dealers, asset managers and hedge funds. This allows clients' trading engines to quickly process and react to the most up-to-date market data, thus triggering smarter trading decisions. Products include C3 Liquidity Discovery, Tick Analytics, Algorithmic Container, and Order Routing Solutions. The Liquidity Discovery Solution was recognized, winning The Banker's Technology award for Algorithmic Trading Innovation. Skyler Technology, Inc. is a privately held company located in Concord, California with offices in New York and London, UK. Please visit us at www.skylertech.com. For more information or to arrange a free software evaluation, please contact Michael Lenahan in the US at +1 (925) 689-9814 or Valerie Bannert-Thurner in the UK at +44 (0)7942 600 101. George Wright PR Account Manager Cognito Eagle House 16 Procter Street London WC1V 6NX Dir: +44 (0)20 7438 1112 Tel: +44 (0)20 7438 1100 Mob: +44 (0)7920 137 213 Fax: +44 (0)20 7438 1101 www.cognitomedia.com PRESS CONTACTS: Cognito New York Binna Kim +1 646 495 5550 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Cognito UK George Wright +44 (0)20 7438 1100 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Set as favorite Bookmark
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