|Page (1) of 1 - 05/14/12||email article||print page|
McObject Joins STAC Benchmark CouncilEmbraces Customer-Defined Metrics for Trading Technology Performance (May 14, 2012)
ISSAQUAH, WA -- (Marketwire) -- 05/14/12 -- McObject®, provider of the eXtremeDB® In-Memory Database System (IMDS) and related product family, announced today that the company has joined the STAC® Benchmark Council, a group of trading firms and vendors specifying standard methods for measuring the performance of trading systems. Driven by end-user firms, STAC Benchmarks are the best-known technology specifications designed to measure the capabilities of competing solutions in today's high speed trading environment. Technology addressed by the benchmarks includes ticker plants, trading platforms, order management systems, risk management systems, and more.
"In an industry where the difference of a millisecond can mean millions of dollars in lost trading revenue, clearly defined metrics for technology performance are critical," said Steve Graves, president and CEO of McObject. "We're proud to join the STAC community as it uses and enhances standards by which capital markets firms can honestly assess and optimize the performance of their high performance trading and data center capabilities."
Built on a core in-memory database system (IMDS), McObject's eXtremeDB family of products offers low-latency, high scalability and reliability for real-time, high performance financial applications.
Founded by embedded database and real-time systems experts, McObject provides the eXtremeDB database system product family to build low latency, high scalability and reliability into real-time financial systems while harnessing the growing volume of data in capital markets. McObject counts among its customers industry leaders such NSE.IT, SunGard Kingstar, Transaction Network Services, Dalian Commodity Exchange, Financial Technologies of India Ltd. (FTIL), BAE Systems, Northrop Grumman, Siemens, Philips, EADS, Spirent Communications, F5 Networks, Motorola and Boeing. Based in Issaquah, WA, McObject is committed to providing innovative technology and first-rate services to customers and partners. For more information, please contact at +1-(425)-888-8505, or visit www.mcobject.com.
About the STAC Benchmark Council
The STAC Benchmark Council is a group of trading organizations and technology vendors whose purpose is to develop and promote the use of standard benchmark specifications for technology used in the capital markets. It is also a forum for in-depth discussion of the latest challenges and solutions in trading technology. The STAC Benchmark Council is facilitated by STAC, the Securities Technology Analysis Center LLC, a vendor-neutral provider of research and tools that reduce the time and effort end-user firms must expend to understand the performance of new technologies compared to existing systems. For more information about the STAC Benchmark Council see http://www.stacresearch.com/council.
McObject and eXtremeDB are registered trademarks of McObject LLC. STAC and all STAC names are trademarks or registered trademarks of the Securities Technology Analysis Center LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.
Copyright @ Marketwire
Related Keywords: database, trading, low latency, metric, performance, in memory, risk management, order management, , India, Marketwire, , Financial, india, Family, Other,