In April 2006, the Reuters Market Data System (RMDS) was made available on the SolarisTM 10 Operating System (Solaris OS), gaining the interest of financial services markets. RMDS 6.0 delivers real-time news, data feeds and information about trading orders and prices to financial institutions.

"Since making RMDS 6.0 available on Solaris 10 in April 2006, Sun has received strong interest from our financial services customer base due to the continual rise of market data and transactional throughput," said James Powell, vice president of financial services, Sun. "Our customers are looking for a highly reliable, scalable platform with latency moving closer to zero. RMDS 6.0 running on Sun Solaris 10 is one of the best solutions on the market to give firms the robust solution they need in addressing increasing demands on market data systems."

RMDS consists of the market data system, Reuters Triarch and the TIB Market Data Distribution System. As part of their joint engagement, Sun and Reuters have run a number of performance benchmarks; those latest benchmark figures are available online at the Sun and Reuters Global Alliance webpage.

"Companies utilizing RMDS 6.0 are ensured lower latency, overall greater scalability and dramatically improved performance with the Solaris 10 OS as their operating system choice," said Michael Parlapiano, executive vice president of Enterprise Information Management Solutions, Reuters.

Jeromee Johnson, senior analyst at Tabb Group, emphasized the need for technology that can keep up with the growing data in the financial services industry: "We're expecting, at an absolute minimum, a doubling of market data traffic and it's likely the increases will be even higher. This will stress all levels of the infrastructure, from distribution mechanisms and network bandwidth, all the way out to the desktops. Technology that addresses these issues is critical for the financial services industry to consider."

With the features of the Solaris 10 OS, Sun can offer financial services companies cost-effective, scalable and secure systems platforms. Solaris 10 provides the common operating environment for the Sun family of servers, offering a consistent environment across both SPARCR-based systems and Sun’s family of AMD-based servers. This allows customers to exploit the security, performance and availability characteristics of Solaris 10 on their Sun server platform of choice.

The availability of RMDS 6 on Solaris 10 OS demonstrates how Sun and Reuters have worked together to ensure that the investments in innovation and product development made independently by both companies can be leveraged and exploited by shared customers to develop the optimum market data solution for their specific environment. [...read more...]

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