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Colfax's AMD-based server cluster is now Cloudera certified.  The cluster consists of six Colfax 2U CX2270-N4 servers - each with two AMD Opteron 6200 Series processors - running Cloudera's distribution of Hadoop. The cluster contains 192 cores.

Savvis - which offers IaaS, managed hosting and proximity services, with a strong focus on financial markets, has announced a strategic agreement with Hortonworks, a distributor of Hadoop, to offer cloud-based big data solutions to enterprises.

By Philip Brittan, Thomson Reuters

The scale of data in financial services is, although significant, dramatically smaller than it is for online consumer companies like Google or Amazon.  For financial services, petabytes are huge, but for those firms they are a rounding error.  Nevertheless the need for real-time throughput makes financial services data a unique challenge and there are tremendous learnings and benefits to be had from the big data world not only in terms of how we manage data at enterprise level but also in how we are able to present and manipulate that data through next generation desktops, such as Eikon.

Pete Harris

Following the debacle that was the Facebook IPO on May 18, and Nasdaq OMX's announcement that it plans to compensate member firms for who were "disadvantaged by technical problems" during the IPO process, the exchange has also revealed that it "has selected IBM to conduct a thorough review of the current state of processes for designing, developing, testing, deploying and operating market systems."

Pete Harris

Startup Molten Markets has launched MoltenFX, a new ECN for the foreign exchange markets. The venture is led by Simon Wilson-Taylor, most recently head of FICC eCommerce at UBS, and leverages technology developed by First Derivatives, based on Kx Systems' kdb+ database.

Pete Harris

The Brazilian financial markets - with the Sao Paulo-based BM&F BOVESPA securities market in particular - continue to drive activity among connectivity and infrastructure providers looking to support trading firms looking to take advantage of trading opportunities in a hot market.

Actian has announced general availability of its Vectorwise 2.5 release, with a continued focus on improved performace for big data applications.

Pete Harris

A just published STAC report sponsored by Intel provides insight into performance benchmarks for Kx Systems' kdb+ database running against an Ion Computer Systems storage appliance containing solid state disk (SSD) technology from Intel.

Jeff Brokaw

In the world of electronic trading, fixed income has seen slow uptake compared to equities and foreign exchange, mainly due to the much more complicated types of underlying financial calculations – which can require many minutes, sometimes even hours of processor time.  This stands in marked contrast to electronic trading of equities or foreign exchange (“FX”), where the amount of calculation is minimal and the prime limiting factor on winning trades is the speed of data movement between applications in the network.