In the back office systems of financial institutions, the delivery of information and transactions from one system to the next must be guaranteed for purposes of security, accountability and compliance. Simply put, every piece of information must be delivered or reported as undeliverable so it can be handled appropriately. This guarantee has historically come from messaging software that stores each message to disk until receipt is confirmed, but rising data rates and transaction volumes have pushed these systems to the breaking point, and they’re impeding the ability of financial firms to process orders and other back office activities quickly and reliably.
Solace’s hardware-based high-performance messaging solution enables order execution and other back-office interactions with unprecedented performance, reliability and manageability. Solace’s patented technology guarantees the delivery of messages without having to persist every message to disk, with full failsafe behavior in the event of a power or system outage.
Advantages and Benefits
- Consolidation and cost savings: Each Solace appliance delivers the guaranteed messaging capacity of 10 to 50 general purpose servers, leading to a system that is much less complex and costly to implement, administer and run.
- Faster execution, happier customers: By queuing messages in high-speed on-board memory instead of writing them to disk, Solace’s solution offers latency that is both low and consistent. This accelerates order routing and risk management initiatives, and is a clear competitive advantage that can improve customer retention and profitability.
- Increased flexibility: Solace message appliances support guaranteed, reliable and JMS messaging over LANs, WANs and the Web, so Solace’s solution can meet all of a company’s middleware needs in a compact footprint with one API.
- Improved management: Solace’s unique hardware can track detailed usage statistics with no impact on throughput or latency. Solace provides operating transparency of queue depths by user, distribution link failures and other problems that have affected software middleware management.