Enabling Faster High-Volume Electronic TradingTransactTools is the leading provider of electronic trading connectivity management solutions for the global financial services industry. TransactTools’ transactional connectivity solutions are used by many of the world’s leading brokerage firms, security exchanges, and financial institutions. Business Issues
SolutionTransactTools profiles its TCM5 server running on a Sun Fire V20z server with Solaris 10 and dual AMD Opteron processors operating at 2.2GHz.
Success at a GlanceNew York-based TransactTools launched the financial industry’s first enterprise platform for transactional connectivity management (TCM) in 2001. Since then, the flagship TCM enterprise platform has evolved to include a comprehensive set of services for managing all aspects of electronic trading connectivity. An integrated platform providing enterprise transactional connectivity management, TCM5 includes a high-powered messaging engine that can support the trading activities of a few brokers or an entire exchange. One of the biggest challenges facing organizations involved in electronic trading is supporting the exponential increase in volume. Not only is electronic trading growing in popularity, algorithmic or black box equity trading can generate thousands of orders per second, and customers want their decisions reflected in real time. To help meet organizations’ requirements, TransactTools profiles and tunes all of its products on a variety of operating systems to deliver optimum performance. “Financial services customers generate thousands of orders per second,” says Sam Johnson, president and CEO of TransactTools. “Our software running on the AMD Opteron platforms with Solaris 10 is the only solution I know of in the industry that can scale to over 30,000 messages per second today.”
“
Solaris 10 on AMD Opteron hardware is one of the fastest performing Java platforms in the market. For most combinations, Solaris 10 outperforms Windows and will match or beat the performance of Linux.
”
— Sam Johnson, President and CEO, TransactTools
TransactTools found the optimum configuration to be TCM5 running on a Sun Fire V20z server featuring dual AMD Opteron processors Model 248 (2.2GHz), the Solaris 10 Operating System, and Sun JVM 1.5.0 software. The combination blew the competition away—driving TCM5 approximately 200% faster than on Windows, and 50% faster than on Red Hat Linux ES. “Solaris 10 is also an attractive alternative to other operating systems such as Linux because of its sophisticated management tools and utilities, such as DTrace,” adds Johnson. “Since our customers are extremely performance sensitive, we will continue to work with Sun to provide high-performance messaging and real-time monitoring tools to the financial services industry,” says David Litner, vice president of engineering at TransactTools. “Solaris 10 is a great platform to run our software on. We see it as an enabler to the financial services industry.” |
| |||