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Wednesday, 26 September 2012

Cisco's 2007 Report on Trade Floor Architecture

Altho' it might seem a while back, Cisco's 2007 report still holds sway.  The report is called simply "Trade Floor Architecture" and is written by technical guys at Cisco including an architect specialising in the finance vertical (Mihael Risca, who also contributes to Cisco's Financial Services blog).

The report emphasises an effective trade floor architecture requires the best of both application and network domains. It also decodes certain cryptic industry terms such as CDP (continuous data replication) and KVM (keyboard, video, mouse) and FAST (FIX adapted for streaming). It subtly emphasises Cisco's role in the financial technology landscape.

One key component of Cisco's architecture diagram is the "ultra-low latency messaging" layer or "messaging bus" under which is labelled TIBCO RV and 29West (both of which are obsolescent, or at least have evolved into a different form). It summarises the messaging bus requirements touted by vendor 29West, namely: (1) lowest possible latency (e.g. <100 e.g.="e.g." load="load" micros="micros" stability="stability" under="under">1.4m msg/s), (3) control and flexibility (rate control and configurable transports).

29West  (owned by Informatica) supports AMQP (Advanced Message Queuing Protocol) which is also being supported by JP Morgan and Cisco and Red Hat.

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