Ground control to major storm…

Posted by on Jan 10, 2012

Today, we announced a new customer relationship with communications and information technology giant Harris Corporation detailing that they have selected Solace to power the on-the-ground portion of a satellite weather system jointly developed by NASA (the space guys) and NOAA (the weather guys). This is part of a project called GOES-R (Geostationary Operational Environmental Satellite R-Series)....
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Filed under Government, News Release, Sensor Networks
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Handling data growth as digital information doubles every 18-24 months

Posted by on Nov 3, 2011

Various studies have claimed that the amount of digital information in the world doubles every 18 to 24 months. Using the conservative 2 year estimate, that means there is 32 times as much digital data today as there was in 2001. Some of that growth is from all those cute cat videos and embarrassing Facebook photos, but much of it is valuable business data generated by automated processes within...
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Filed under B2B, News Release, Partners
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De-risking Excel use in front-office trading

Posted by on Oct 26, 2011

Microsoft Excel has been a staple of productivity on Wall Street for years because it puts the power to calculate market data models directly in the hands of quants and traders. But Excel use has been difficult for the bank’s IT staff to manage and auditors to oversee since the traders’ formulas live on their PC and are in constant flux. Wouldn’t it be great if trading firms could let...
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Solace Recognized with Deloitte Fast50 Award

Posted by on Oct 19, 2011

Deloitte released their new Fast50 rankings today, and we’re excited to be on it for the second year in a row. Launched nearly 15 years ago, the program celebrates the achievements and evolution of the Canadian technology sector. We’re especially proud of a leadership award we were given, described by Deloitte’s Mark Noonan in an Ottawa Business Journal article: “Solace won a special...
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Back office messaging redux

Posted by on May 2, 2011

Here in this blog, we recently made the observation that despite all the attention on high-frequency trading and ultra-low latency, the majority of messaging spend in financial services still goes towards more boring, bread and butter applications in the middle and back office. The editors at Securities Technology Monitor liked this idea and asked us to re-make that point as part of the Idea...
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Filed under Capital Markets, Coverage, High Frequency Trading
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Reinventing Internet Data Streaming

Posted by on Apr 12, 2011

We are very pleased to announce a new capability in the Solace product lineup. For many years now, we have dedicated our company to reshaping how messaging enables distributed computing for enterprise applications. Today, we announced that we’re taking our technology beyond the boundaries of the corporate network and into the wild world of the internet. We’re not the first kids on the block...
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Filed under Capital Markets, Cross Industry, News Release, Products, Web Messaging, Web Messaging
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Network savvy trading with Solace and Arista LANZ

Posted by on Mar 15, 2011

We’ve had a great partnership with low latency switch vendor Arista Networks for a while now – our products complement each other very well and our companies align nicely in terms of personality and strategy. This morning we expanded our partnership as part of their announcement of a new feature called “Latency Analyzer” (abbreviated LANZ) that provides detailed real-time metrics about...
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Filed under Cross Industry, Financial Services, Network Tech, News Release, Partners
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LSE Group swims downstream with Solace

Posted by on Mar 9, 2011

For the second time in two weeks, we are pleased to announce the addition of a major stock exchange to our list of public customers. Today we announced that the London Stock Exchange Group has implemented Solace as the guaranteed messaging backplane between their downstream system, i.e. the applications and databases that process post-trade data such as billing, risk and surveillance. You could...
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Filed under Capital Markets, Customers, News Release
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TMX Group relies on Solace for trade data

Posted by on Mar 1, 2011

Earlier today, we issued a press release announcing that TMX Group has deployed Solace as a core technology within their exchange trade plant. TMX Group is a holding company that includes two of Canada’s major equity and derivatives exchanges — Toronto Stock Exchange and the Montreal Exchange — as well as a variety of other asset trading services, including the TSX Ventures Exchange...
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10 Reasons for the growth in middleware appliances

Posted by on Feb 8, 2011

The last few years have seen more people recognize the strategic importance of hardware appliances, especially in the capital markets. Wall Street’s “need for speed” continues unabated, and the financial crisis made it imperative for firms to reduce both short- and long-term costs in all areas. These factors have generated tailwinds in favor of firms adopting hardware-based appliances in...
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Filed under Company, Hardware, Messaging
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