The advent of Single Dealer Platforms (SDP’s) is advancing the state of the art of investment banking by integrating the delivery of pricing, risk and liquidity to traders. By aggregating information across asset classes and exposing it via intuitive web-based interfaces, sell side firms that implement SDPs can give their clients previously unachievable visibility into complex opportunities for profitable trades. SDPs can deliver value in all areas of securities, with their adoption most prevalent in fixed income (FI) trading and foreign exchange (FX).
Solace’s high-performance messaging appliance is the ideal platform for SDPs, and is in fact the only solution that satisfies all the messaging needs of an SDP. Solace’s unified platform supports high rate, ultra low latency messaging, guaranteed/transactional messaging between internal applications, and streaming to client applications over LANs, WANs and even to Rich Internet Applications (RIAs) whether desktop or mobile via HTTP over the Web.
As a purpose-built hardware appliance, Solace’s solution features better performance, scalability, stability and manageability than any other high-performance messaging solution. As a result, Solace offers the best performance and most cost-effective solution for Single Dealer Platforms.
Solace’s solution simplifies and reduces risk in three areas:
- Architecture: Handling all messaging requirements with a small number of high-capacity purpose-built devices eliminates integration points and reduces the number of moving pieces required for messaging functionality and high availability.
- Applications: The existence of a single, rich API in each language supporting all messaging functions and message exchange patterns greatly simplifies the development of applications, letting developers focus on core functionality without worrying about the receipt or delivery of information. And since hardware-based message filtering ensures that applications are only sent data they have subscribed to, they don’t need to deal with identification, filtration and deletion of unwanted information.
- Administration: Solace gives administrators a single view of the operations and management of the entire platform, including granular per client metrics and alerts that software-based messaging can’t offer.