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McObject eXtremeDB Financial Edition In-Memory DBMS Breaks Through Capital Markets' Data Management BottleneckReduces Latency While Increases Reliability and Throughput in Real-Time Financial Systems (June 18, 2012)
ISSAQUAH, WA -- (Marketwire) -- 06/18/12 -- McObject®, developer of innovative real-time database system software, today announced eXtremeDB Financial Edition, the newest addition to its eXtremeDB In-Memory Database System (IMDS) product family. The Financial Edition provides a high speed database backbone for time-critical financial applications, enhancing their competitiveness by accelerating performance and effectively managing the flood of data that is generated in today's automated capital markets.
eXtremeDB Financial Edition builds on the proven eXtremeDB database system product family to deliver the lowest latency and highest reliability and flexibility for developers of real-time financial applications. It leverages eXtremeDB's streamlined in-memory database system and adds features designed for exchanges, trading organizations and financial technology providers seeking improved performance. Enhancements in the new version include:
- Support for column-based data layout, which improves efficiency in handling time-series data such as ticks and quotes. With eXtremeDB Financial Edition, system designers can combine a columnar layout with traditional rows in a single database design, to optimize run-time efficiency.
- A rich library of vector-based statistical functions that cut latency in time series data management and maximize efficiency of L1/L2 cache use.
- Improved clustering technology that boosts distributed database performance and scalability.
- A new GUI database performance monitor, to observe the effect of changes to the database or application on transaction throughput, memory consumption and other key factors when fine-tuning to reduce latency.
"Conventional database management systems lack the speed and efficiency needed to meet the demands of data-intensive processes in applications such as high frequency and algorithmic trading," said Steve Graves, president and CEO of McObject. "Specialized DBMSs in the financial arena are typically costly and often lack features that should be a 'given' for database system, such as transactions to safeguard data integrity. eXtremeDB Financial Edition builds on McObject's proven core eXtremeDB product, while adding functionality to cut through the financial IT data management bottleneck."
About the eXtremeDB Database System
eXtremeDB is an in-memory database system that eliminates I/O, cache management and other overhead of traditional (disk-based) DBMSs. It is transactional, with support for ACID (Atomic, Consistent, Isolated and Durable) properties to protect data integrity without compromising performance.
eXtremeDB's short execution path (DBMS code size is just 150K) results in fast and efficient execution. In-process architecture boosts performance by eliminating inter-process communications inherent in client/server database architecture. It executes with the speed of compiled C/C++, and outperforms Java by a wide margin.
The system's hybrid in-memory/on-disk storage provides a powerful solution for managing real-time streaming data (e.g., trades and quotes) and historical data in single database system. It is highly scalable via 64-bit support, and a multi-version concurrency control (MVCC) transaction manager makes eXtremeDB ideal for multi-core platforms.
McObject is inviting select companies to test eXtremeDB Financial Edition as part of the company's beta program. For more information about how to participate, please visit http://financial.mcobject.com or call 1-(425)-888-8505.
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 http://financial.mcobject.com
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