TIBCO Software Inc. today announced it will be a Platinum Sponsor and presenter at the Low Latency Summit, May 1 in New York City. Representatives from TIBCO will be featured in the main keynote and in additional sessions during the event.
In the financial services industry, the ability to respond to market conditions just a little faster than the competition is a tremendous value. With approximately 50% of all trades in the US leveraging pre-programmed algorithmic trading1, traders are in a technological race to react to, and submit, orders faster than their competitors. Winners are separated from losers by milliseconds and in many cases, microseconds. The Low-Latency Summit focuses on the evolution of high performance technology for the industry-leading trading strategies.
What: Low Latency Summit 2013 - NYC (Spring)
When: May 1, 2013
Who: Keynote: Forget the Cloud, Let's Match in the Switch (May 1, noon)
Spencer Greene, CTO, Financial Services and Exchanges, TIBCO Software
The drive to lower the latency of trade executions has forced matching venues to search for non-traditional solutions. This presentation will focus on forward-looking trading architectures that re-locate the matching engine, order gateways and even broker dealers inside the switch using shared memory for communication. Also covered will be the implications of such a radical switch not just for exchanges and their customers, but also regulators and even market structure.
Session: Business at the Speed of Light (May 1, 1:30pm)
John Page, Global Director, Messaging, TIBCO Software
Bill McLane, Director, Messaging Product Architecture, TIBCO Software
For extreme low latency, code paths are highly critical, and optimizing them can have a massive impact on application stability and design. In this session, learn how organizations are gaining performance and lowering latencies with greater reliability using the TIBCO FTL® messaging platform, its new Guaranteed Delivery services, and the TIBCO FTL® Message Switch.
Convene (formerly Sentry Centers)
730 3rd Avenue [.] 45th Street
New York, NY
More Information: To join TIBCO at the Low Latency Summit, visit low-latency.com/.
TIBCO Software, Inc. (tibco.com) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® the ability to capture the right information, at the right time, and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real time.
TIBCO, TIBCO Software, TIBCO FTL, TIBCO FTL Message Switch, and two-second advantage are trademarks or registered trademarks of TIBCO Software Inc. or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
1 Source: "High Speed Trading Fueled Twitter Flash Crash," CNNMoney, Maureen Farrell, April 24, 2013