You are here  Software Enterprise Software
| More

Sun joins benchmarking council for financial trading technologies

Antony Savvas
Tuesday 29 January 2008 09:37

Sun Microsystems has joined The Securities Technology Analysis Center (Stac) Benchmark Council, to help define standardperformance metrics for tradingtechnologies.

Sun has become an Innovation Sponsor for the Manhattan-based Stac Lab into the bargain.

The Stac Lab is a research facility where end-user firms can evaluate new technologies under simulated trading conditions.

It contains advanced load-generation mechanisms, precise timing equipment, market data and test tools pre-integrated with many of the products to be tested.

On the Stac Benchmark Council, Sun will contribute to specifications under consideration by its participating trading firms.

The Council is a group of trading firms and vendors who are defining industry-standard ways of measuring latency, capacity, power efficiency, and other key performance attributes of solutions used in the trading process.

Announced last September, the Council includes a number of global trading firms including Citigroup, JP Morgan Chase, and HSBC.