29West's Delivers One-Way Latency As Low As 56 Microseconds

29 West, Inc. released a report today announcing that its messaging middleware can deliver latency as low as 56 microseconds, breaking the 100 microsecond persistent latency benchmark, according to the company’s release. The report titled “29West Ultra Messaging for the Enterprise (UME) Persistent Performance on Commodity Hardware and Gigabit Ethernet,” focuses on the performance of UME for persistent operation on low-end commodity hardware with untuned out-of-the-box Linux operating systems.

Other highlights of the report include: throughput as high as 1.2 million messages per second, and a demonstration that delivery latency of long running receivers is unaffected by failure and recovery scenarios of other receivers.

Current market conditions have caused messaging rates to vastly increase. Mission-critical components inside a trading system demand not only low latency but also persistent operation in order to ensure all trades are executed, said the company’s release.

“We tested UME’s delivery latency in various ways,” stated Greg Lorence, UME product manager and author of the report. “One-way latencies averaged 56 microseconds for low-volume data. We tested how much data could be pushed through our commodity systems, and this was close to 1.2 million messages per second. Even increasing message sizes 15 times had not significant effect on latency with UME,” continued Lorence. “Nor did recovery of a failed system component have any impact on other participant receivers,” stated Lorence in the release.

Customers report 50 percent reductions in the hardware costs needed to support messaging volumes when using UME compared to other designs, according to 29West’s CEO Mark Mahowald in the release.

The firm is publishing a range of UME performance results to meet the needs of firms, which in today’s climate of limited resources for running full pilot, are doing paper evaluations, noted Mahowald in the release. “Our unique Parallel Persistence design has no scalability concerns so we can add receivers with virtually no impact on the senders or the persistent store. As you add receivers, the aggregate throughput growth will be nearly linear. We will be demonstrating this throughput scalability in future performance reports,” said Mahowald.

To address the market demand for better information on low latency and messaging system design, 29West will sponsor and run a series of events over the next several months. 29West’s Zero Latency Tour will kick off in London on Tuesday, May 19th, and travel to New York on Tuesday, June 2nd. The tour will include presentations on the current state of messaging and a panel discussion on low-latency deployments with representatives from Credit Suisse, Intel, Tradefair and HSBC in London and Credit Suisse, FXCM and others in New York

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio