Quod Financial Integrates the Informatica Ultra Messaging Family of Products for Low Latency Trading

Quod Financial, a global provider of adaptive trading technology, announced that it has integrated Informatica’s Ultra Messaging product family in its underlying platform – to provide its clients seamless communication and accelerated trading.
 
Dec. 6, 2010 - PRLog -- Quod Financial, a global provider of adaptive trading technology, today announced that it has integrated Informatica’s Ultra Messaging product family (previously 29West), including Ultra Messaging Streaming Edition (UMSE), Ultra Persistence Edition (UMP) and Ultra Messaging Queuing Edition (UMQ) in its underlying platform – the Adaptive Execution Platform (AEP) – to provide its clients seamless communication and accelerated trading.

Quod Financial delivers adaptive electronic trading products that seek liquidity across lit and dark venues, and adapt to the dynamic trading conditions. By integrating Informatica UMS, UMP and UMQ for the trading and market data service driven architecture, Quod Financial achieved their aim of lowering latency and scaling down infrastructure. By utilising shared memory communication, not only will processor latency significantly decrease to Nanoseconds (ns), the remaining processing power will enable firms to remain one-step ahead of the competition.

“The current shift in multi-core processors and new kernel by-pass technologies, not only provides ultra-low latency trading, it reduces the hardware footprint essentially reducing trading costs,” says Mickael Rouillere, CTO Quod Financial. “Financial services companies demand infrastructure that can respond rapidly to the dynamic trading environment. Together with the Informatica Ultra Messaging family Quod Financial are creating a powerful, shared memory communication messaging infrastructure, by exploiting multi-core processors, maximising the processing power available.“

“The relationship between Quod Financial and Informatica Ultra Messaging is an example of how capital markets customers will be able to execute trades faster and look to gain a competitive advantage through technology,” said Mark Mahowald, general manager, Ultra Messaging, Informatica. “This partnership is further validation of the value that customers are gaining from Informatica’s Ultra Messaging technology. Today the two companies will be able to extend our global reach together and bring the benefits of ultra messaging to more customers.”

Mickael Rouillere, CTO Quod Financial stated “General Availability of the Adaptive Execution Platform with seamless communication will be released early next year.”

About Quod Financial:
Quod Financial delivers adaptive trading technologies into the financial community. Its multi-asset adaptive technologies enable financial institutions to dynamically seek liquidity across transparent and non-transparent venues, reduce market impact, and build complex execution and trading strategies. Quod Financial services all segments of capital markets with distinct solutions for liquidity venues, exchanges, retail brokers, buy and sell-side institutions. Its real-time execution decision-making capabilities enhance both control and transparency of the execution process. This results in increased trading performance and execution quality.

Quod Financial’s Adaptive Execution Platform (AEP) and its application modules are nondisruptive, scalable, and highly resilient trading solutions delivered as either implemented software or as a service. AEP functionalities include pre-trade risk management; order management and routing; direct market access; connectivity; post-trade analytics and reporting. AEP powers four application modules. These include Adaptive Smart Order Router (ASOR) for algorithmic trading and smart order routing, Adaptive Cross for internalisation of liquidity, Buy side Adaptive Smart Order Router (BASOR) for dark pool smart order routing and Adaptive Online Trader (AOLT) for a rich web-based retail order management solution.

Quod Financial is headquartered in London with offices in Paris and New York. For more
information, please visit http://www.quodfinancial.com or contact info@quodfinancial.com.

Note: Informatica and Ultra Messaging are registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.

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Quod Financial delivers multi-asset and cross-asset adaptive execution technology into the financial trading community. Existing implementations of its non-disruptive technology are testament to its responsiveness to the rapidly changing trading landscape
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