ACTIV Financial Launches New FPGA Solution To Reduce Market Data Latency

ACTIV Financial, a provider of fully managed low-latency market data solutions, announced the second generation of its Market Data Processing Unit (MPU) .

ACTIV's MPU is the first market data service offering to combine FPGA-driven hardware acceleration in a fully managed market data offering, the company said.

ACTIV MPU Gen2 was designed to provide low latency market data to firms dealing with the weight of today's mounting hardware and data management costs, ACTIV said.

The solution delivers 5 million messages per second, per card, with multi-card in a box potential, and microsecond performance with dramatic footprint reduction.

Other benefits include standard PCIe design and compatibility across many host PCs (one box solution) and access to direct global exchange data, including U.S., APAC and EMEA real-time feeds.

"The once dominant 'throw another server at it' mentality has become costly and unsustainable for financial firms today, particularly as data volumes continue to explode," said Frank Piasecki, president and co-founder of ACTIV Financial.

"ACTIV has always sought to provide top-quality low-latency market data solutions, giving our clients the edge they need to compete cost-effectively.

With MPU Gen2, ACTIV is delivering a global enterprise solution that will solve our client's message rate problem while at the same time significantly reducing their hardware footprint by as much as 80%." Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio