MetaBit chooses Solace for FIX-based services

Today, we are pleased to add MetaBit to the ever growing list of financial service providers that have chosen Solace to be their routing and delivery platform of choice. They’re using our hardware as the foundation of their FIX-based DMA and liquidity hubs to efficiently distribute information to customers. Financial service providers have a common set of requirements that map very well to many of the capabilities of hardware:

• 24/7 reliability to assure service availability
• Low-latency behavior to provide customers with competitive trade execution times
• Lots of headroom for growth in service volumes and customers
• Small data center footprint and minimal incremental operations cost as customer counts increase

Increasingly, customers do not have just a low latency problem, or a queuing problem, or an efficient WAN delivery problem, they have an information delivery problem that is a combination of all three. The prospect of procuring three kinds of software that needs to be made redundant and scaled across separate racks of servers feels so 20 years ago when a single hardware content router can consolidate all of these into one footprint and one API.

Once again Japan is leading the way in innovative, next generation services.

Larry Neumann

From 2005 to 2017, Mr. Neumann was responsible for all aspects of strategic, corporate, product and vertical marketing. Before Solace, he held executive marketing positions with TIBCO and Oracle, and co-founded an internet software company called inCommon which was acquired by TIBCO. During his tenure at TIBCO, Mr. Neumann played a key role in planning company strategic direction relating to target markets and candidate acquisitions.

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