Informatica Corporation, the world's number one independent leader in data integration software, today announced an OEM agreement with options trading software provider, Blue Trading Systems (BTS). Under the agreement, BTS will make Informatica Ultra Messaging software the low-latency messaging backbone of its high-performance options trading platform.
-- BTS markets its platform as an outsourced solution to trading firms that require the ultimate in options trading speed and reliability, and want to avoid the time and expense of building and maintaining their own in-house trading systems.
-- BTS will embed Informatica Ultra Messaging into its trading solution to provide smaller options trading organizations with a single, reliable and near-instantaneous messaging platform.
-- The use of Informatica Ultra Messaging will help BTS create a high-frequency, algorithmic trading platform that can reliably handle millions of messages a second while supporting client implementations that can scale seamlessly from two to over 200 servers and from two to over 2,000 message recipients. This will allow BTS' customers to grow their trading businesses from dozens to hundreds of products.
-- Informatica Ultra Messaging provides BTS with sub-millisecond messaging across its trading platform, utilizing a "nothing in the middle" messaging architecture, which means BTS can increase the speed, reliability and scalability with which messages are delivered leading to trades being executed significantly faster.
-- Informatica also supports multiple transport protocols, including multi-cast and TCP, which enable network administrators to easily and dynamically select the best protocol for various messaging configurations. This flexibility will allow BTS' customers to leverage existing protocols, change protocols without redevelopment and attain maximum performance by selecting the best protocol for the given network architecture.
"Blue Trading Systems' aim is to provide its clients with the fastest, most reliable and most profitable platform for options trading. Informatica Ultra Messaging is a key element in our offering." explains Pedro Pinto, managing partner, Blue Trading Systems. "If we had all the time in the world to design the ideal messaging solution, it would probably look a lot like Informatica Ultra Messaging. As it is, Informatica has done that job for us, enabling us to embed in our platform a stable, configurable and high performance solution for message exchange that will help differentiate us competitively and make us more nimble in the market."
"Embedding Informatica Ultra Messaging will enable Blue Trading Systems to avoid the substantial risks of developing its own messaging backbone, and allow the company to focus on developing solutions specific to its clients," said Mark Mahowald, general manager, Ultra Messaging, Informatica. "Consequently, clients will receive the best of Blue Trading Systems' extensive know-how, while the company is able to take advantage of Informatica's similarly extensive expertise in the ultra messaging field."