Order Execution

“Money is better than poverty, if only for financial reasons.”
 - Woody Allen

Financial firms typically use persistent messaging software to guarantee the delivery of trade-related messages cycling through their back-office order processing systems. In recent years, however, rising message rates and customer demand for lower, more consistent latency have placed a great strain on these server-based messaging infrastructures. The high, unpredictable latency of disks used for persistent storage coupled with the performance and scale limitations of traditional servers are impeding the ability of financial firms to process orders quickly and reliably. As a result financial executives are struggling with lower trading performance, dissatisfied customers, unmanageable complexity and escalating costs.

Solution Summary

Solace’s solves this problem with a unique hardware architecture that sets new standards for performance, reliability and manageability in guaranteed message delivery. Solace uses patented technology that guarantees the delivery of messages without having to persist every message to disk, yet with full failsafe behavior in the event of a power or system outage. Eliminating the performance limitations of disk-based storage enables 10 to 50 times more throughput and substantially lower, more predictable latency than persistent messaging software.

Solace guaranteed messaging accelerates and simplifies order routing, risk management, compliance and countless other applications including SOA-based initiatives. Solace’s content networking system is the first unified platform that combines best-in-class high speed and persistent messaging in a single platform allowing consolidation of financial services infrastructure, resulting in hardware, software and operational savings.

Value to Customers

Solace’s guaranteed messaging solution provides many benefits:

  • Trading advantage — Lower, more predictable messaging latency means faster order processing, risk management and other applications. This translates to a competitive advantage that can improve profitability for financial firms.
  • Cost savings — A single Solace content router delivers the guaranteed messaging capacity of 10 to 50 general purpose servers and associated disk arrays resulting in savings on many fronts: less hardware to purchase and maintain, less software to license, less datacenter power and cooling and less manpower required to operate, patch and maintain racks of servers.
  • Increased flexibility — Solace content routers provide much more than fast, reliable guaranteed messaging, as the same content routers use hardware approaches to set new performance standards in high-speed messaging, content distribution, content routing, content transformation and more. Solace’s content networking system delivers a single platform with best-in-class performance, simplified management and 24×7 resiliency for all middleware needs.
  • Improved management — Solace’s unique network processing hardware can track detailed usage statistics in hardware with no impact on throughput or latency of messages. Solace provides operating transparency of queue depths by user, distribution link failures and other problems that have affected software middleware management.
  • Complete reliability — Solace gives you complete failsafe message delivery without sacrificing message rates or latency.