Collaboration Delivers Messaging Foundation for Large-Scale Computing
Platforms
NEW YORK, Sept. 22 /PRNewswire/ -- Tervela, the leading provider of
high-performance, low-latency messaging systems, today announced that
SoftModule, an innovative provider of enterprise-class grid computing
solutions, has joined the Tervela Advantage Partner Program (TAPP). The
companies will be working together to provide a high-performance GridSwitch
computing solution that leverages the Tervela Message Network(TM) to
effectively meet the demanding requirements for large-scale grid computing
platforms.
The contemporary financial services trading lifecycle requires the
intense, large-scale computational resources more frequently being provided
by grid computing platforms. While high-performance, dynamic services such
as real-time in-order-flow risk calculations are ideally suited to grid,
they are restricted by scheduling capabilities and the limitations of the
data and network fabrics. A hardware-accelerated, high-performance,
scalable messaging system not only overcomes fabric provisioning
challenges, but also radically alters the scheduling component to deliver
faster utilization and response times.
"SoftModule brings heavy-duty grid computing capabilities to our TAPP
ecosystem of integrated solutions," said Bob Cramer, CEO of Tervela. "Our
relationship will enable financial services firms to drive market advantage
by overcoming the operational inefficiencies and continuity constraints of
large-scale grid computing environments through our hardware-accelerated
messaging platform."
The GridSwitch solution combines SoftModule's distributed computing
infrastructure with Tervela's message network to increase network
scalability and eliminate performance bottlenecks in both the data fabric
and scheduling process. This enhances system elements like job branching,
restart and intra-run analytics while improving security, processing speed
and availability -- three crucial factors of successful large-scale grid
implementations.
"SoftModule and Tervela are collaborating to help financial
institutions achieve dramatic improvements in application performance,
resource utilization and data messaging speeds," said Art Sedighi, CTO and
Founder of SoftModule. "The integrated GridSwitch solution will allow
customers to optimally run and manage compute-intensive applications across
thousands of CPUs through a distributed architecture that uses dynamic
resource allocation techniques built on high-performance, low-latency
messaging."
"The benefits of combining grid computing with hardware-based messaging
middleware present a much needed opportunity that has yet to be adequately
exploited," said Larry Cohen, Founder and CEO, Accelerated Computing
Solutions. "Tervela and SoftModule realize how leveraging this powerful
combination will transform the data center for both grid computing and the
entire transaction lifecycle."
TAPP is an ecosystem of integrated partner solutions that extend and
amplify Tervela's Message Network to ensure that financial services firms
maintain competitive advantage with their high-performance trading
infrastructures. To learn more, please visit
http://www.tervela.com/partners.
About Tervela
Founded in 2004, Tervela delivers the next-generation communications
infrastructure -- the message network -- designed and engineered to exceed
the information dissemination and processing requirements of the world's
most demanding financial services institutions. Addressing the challenges
of market volume, volatility and visibility, Tervela invented the message
switch to enable investment banks, hedge funds, exchanges and other
data-intensive organizations to deliver consistent, outstanding and
predictable performance -- even in the most demanding market conditions.
The company is funded by Goldman Sachs, Sigma Partners, Acartha Group and
North Hill Ventures. For more information, please visit
http://www.tervela.com.
Media Contacts:
Steph Johnson Kyle Peterson
Page One PR for Tervela Page One PR for Tervela
+1 212.410.2254 +1 415.321.2349
steph@pageonepr.com kyle@pageonepr.com
SOURCE Tervela
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Related links:
http://www.tervela.com/partners
CONTACT:
Steph Johnson, +1-212-410-2254,
steph@pageonepr.com, or Kyle Peterson, +1-415-321-2349,
kyle@pageonepr.com, both of Page One PR, for Tervela
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