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Red Hat (NASDAQ: RHAT), the world's leading provider of open source
solutions to the enterprise, today announced business-changing
throughput and latency performance numbers for Reuters Market Data
System (RMDS) 6.0. In recent performance tests conducted by Technology
Business Development Corporation (tbdCorp), RMDS 6.0 surpassed previous
benchmarks and demonstrated its ability to leverage the power and
performance of Red Hat Enterprise Linux running on the Dual-Core Intel
Xeon processor-based HP ProLiant DL380 server. Now Reuters can
consistently push out the ever-expanding volume of market data at more
than 1.8 million updates per second.
"We are thrilled to work closely with Reuters, HP and Intel as we
deliver such impressive performance numbers to the financial industry,"
said Tim Yeaton, Senior Vice President of Worldwide Marketing and
General Manager of Enterprise Products, Red Hat. "By continuing our work
with these industry leaders, we will ensure that Reuters Market Data
System (RMDS) 6.0 on Red Hat Enterprise Linux continues to provide the
stability, performance and value that our customers expect from us."
Algorithmic trading is a race as the financial services industry tries
to develop sophisticated strategies and then beat the competition by
capturing, analyzing and acting on information as it appears. The
quicker the systems, the better trading desks will perform. This
increasingly prevalent form of securities trading is radically changing
the market data business through dramatic growth in volume, forcing data
providers to focus on extremely low market data latency at extremely
high message volumes.
"After running some exploratory tests of Reuters Market Data System
(RMDS) 6.0 on the latest Intel Xeon processors using Red Hat Enterprise
Linux 4, I was very impressed with the results," said Peter Lankford,
President, Technology Business Development Corporation. "We have now run
the complete suite of official Reuters benchmark tests on a two-socket
system from HP. In the most extreme benchmark of RMDS fanout, a basic
RMDS configuration consistently pushed out over 1.8 million updates per
second, and preliminary tests on a configuration designed to exploit
multiple cores exceeded 3 million updates per second. In terms of
latency, we saw sub-millisecond response times at up to 300,000 updates
per second. Securities firms are going to find this new system very
helpful in dealing with today's real-time data management challenges."
RMDS on Linux joins the best components from the two most popular market
data systems today - Reuters Triarch and the TIB Market Data
Distribution System - to manage financial content in real-time across
the trading environment with a high degree of scalability and
resilience. By deploying Red Hat Enterprise Linux, Reuters can realize
all the benefits of open source and the optimal performance that the
financial services industry demands in its latency race.
"Reuters is delighted that speeds in excess of 1.8 million updates per
second have been achieved with Reuters Market Data System (RMDS) 6.0,"
said Michael Parlapiano, Executive Vice President of Enterprise
Information Management Solutions, Reuters. "These speeds show we can
deliver solutions that allow our customers to stay on top of
millisecond-to-millisecond market changes and take advantage of the
performance benefits we see in the next-generation systems being
delivered today."
"We are pleased to see the phenomenal results of the Reuters Market Data
System (RMDS) 6.0 solution on the new Dual-Core Intel Xeon
processor-based servers that deliver twice the performance and three
times the power efficiency over previous generation platforms," said
Doug Fisher, Intel General Manager, Software and Solutions Group. "This
is the result of our working with the Linux community and engineering
collaboration with Reuters, Red Hat and HP to optimize and deliver
robust, high-performance solutions that bring value to our financial
customers."
"Working with its partners, HP is helping trading desks process and
analyze geometrically expanding quantities of data to make the solid
business decisions demanded by customers," said Ron Eller, Vice
President and General Manager, Enterprise Solutions Alliances, Hewlett
Packard Company. "The Reuters Market Data System (RMDS) 6.0 benchmark
represents a significant proof point in helping financial services
trading firms gain a competitive edge with unmatched access to real-time
market information."
About Red Hat, Inc.
Red Hat, the world's leading open source solutions provider, is
headquartered in Raleigh, NC with satellite offices spanning the globe.
The most trusted name in open source, CIOs and other senior-level IT
executives have ranked Red Hat as the industry's most valued vendor for
two consecutive years in the CIO Insight Magazine Vendor Value study.
Red Hat is leading Linux and open source solutions into the mainstream
by making high-quality, low-cost technology accessible. Red Hat provides
an operating system platform, Red Hat Enterprise Linux, along with
applications, management, and middleware solutions, including JBoss
Enterprise Middleware Suite. Red Hat is accelerating the shift to
service-oriented architectures and enabling the next generation of
web-enabled applications running on a low-cost, secure open source
platform. Red Hat also offers support, training and consulting services
to its customers worldwide and through top-tier partnerships. Red Hat's
open source strategy offers customers a long term plan for building
infrastructures that are based on and leverage open source technologies
with a focus on security and ease of management. Learn more: http://www.redhat.com
Forward Looking Statements
Certain statements contained in this press release may constitute “forward-looking
statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to
any historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result of
various important factors, including: risks related to the integration
of acquisitions; the ability of the Company to effectively compete; the
inability to adequately protect Company intellectual property and
potential for infringement or breach of license claims regarding third
party intellectual property; risks related to data and information
security vulnerabilities; ineffective management of, and control over,
the Company's growth and international operations; adverse results in
litigation; the dependence on key personnel as well as other factors
contained in in our most recent Annual Report on Form 10-K (copies of
which may be accessed through the Securities and Exchange Commission's
website at http://www.sec.gov),
including those found therein under the captions “Risk
Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations”.
In addition, the forward-looking statements included in this press
release represent the Company's views as of the date of this press
release and these views could change. However, while the Company may
elect to update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the date
of the press release.
LINUX is a trademark of Linus Torvalds.
RED HAT and JBOSS are registered trademarks of Red Hat, Inc. and its
subsidiaries in the US and other countries.
Red Hat (NASDAQ: RHAT), the world's leading provider of open
source solutions to the enterprise, today announced business-changing
throughput and latency performance numbers for Reuters Market Data
System (RMDS) 6.0. In recent performance tests conducted by Technology
Business Development Corporation (tbdCorp), RMDS 6.0 surpassed
previous benchmarks and demonstrated its ability to leverage the power
and performance of Red Hat Enterprise Linux running on the Dual-Core
Intel Xeon processor-based HP ProLiant DL380 server. Now Reuters can
consistently push out the ever-expanding volume of market data at more
than 1.8 million updates per second.
"We are thrilled to work closely with Reuters, HP and Intel as we
deliver such impressive performance numbers to the financial
industry," said Tim Yeaton, Senior Vice President of Worldwide
Marketing and General Manager of Enterprise Products, Red Hat. "By
continuing our work with these industry leaders, we will ensure that
Reuters Market Data System (RMDS) 6.0 on Red Hat Enterprise Linux
continues to provide the stability, performance and value that our
customers expect from us."
Algorithmic trading is a race as the financial services industry
tries to develop sophisticated strategies and then beat the
competition by capturing, analyzing and acting on information as it
appears. The quicker the systems, the better trading desks will
perform. This increasingly prevalent form of securities trading is
radically changing the market data business through dramatic growth in
volume, forcing data providers to focus on extremely low market data
latency at extremely high message volumes.
"After running some exploratory tests of Reuters Market Data
System (RMDS) 6.0 on the latest Intel Xeon processors using Red Hat
Enterprise Linux 4, I was very impressed with the results," said Peter
Lankford, President, Technology Business Development Corporation. "We
have now run the complete suite of official Reuters benchmark tests on
a two-socket system from HP. In the most extreme benchmark of RMDS
fanout, a basic RMDS configuration consistently pushed out over 1.8
million updates per second, and preliminary tests on a configuration
designed to exploit multiple cores exceeded 3 million updates per
second. In terms of latency, we saw sub-millisecond response times at
up to 300,000 updates per second. Securities firms are going to find
this new system very helpful in dealing with today's real-time data
management challenges."
RMDS on Linux joins the best components from the two most popular
market data systems today - Reuters Triarch and the TIB Market Data
Distribution System - to manage financial content in real-time across
the trading environment with a high degree of scalability and
resilience. By deploying Red Hat Enterprise Linux, Reuters can realize
all the benefits of open source and the optimal performance that the
financial services industry demands in its latency race.
"Reuters is delighted that speeds in excess of 1.8 million updates
per second have been achieved with Reuters Market Data System (RMDS)
6.0," said Michael Parlapiano, Executive Vice President of Enterprise
Information Management Solutions, Reuters. "These speeds show we can
deliver solutions that allow our customers to stay on top of
millisecond-to-millisecond market changes and take advantage of the
performance benefits we see in the next-generation systems being
delivered today."
"We are pleased to see the phenomenal results of the Reuters
Market Data System (RMDS) 6.0 solution on the new Dual-Core Intel Xeon
processor-based servers that deliver twice the performance and three
times the power efficiency over previous generation platforms," said
Doug Fisher, Intel General Manager, Software and Solutions Group.
"This is the result of our working with the Linux community and
engineering collaboration with Reuters, Red Hat and HP to optimize and
deliver robust, high-performance solutions that bring value to our
financial customers."
"Working with its partners, HP is helping trading desks process
and analyze geometrically expanding quantities of data to make the
solid business decisions demanded by customers," said Ron Eller, Vice
President and General Manager, Enterprise Solutions Alliances, Hewlett
Packard Company. "The Reuters Market Data System (RMDS) 6.0 benchmark
represents a significant proof point in helping financial services
trading firms gain a competitive edge with unmatched access to
real-time market information."
About Red Hat, Inc.
Red Hat, the world's leading open source solutions provider, is
headquartered in Raleigh, NC with satellite offices spanning the
globe. The most trusted name in open source, CIOs and other
senior-level IT executives have ranked Red Hat as the industry's most
valued vendor for two consecutive years in the CIO Insight Magazine
Vendor Value study. Red Hat is leading Linux and open source solutions
into the mainstream by making high-quality, low-cost technology
accessible. Red Hat provides an operating system platform, Red Hat
Enterprise Linux, along with applications, management, and middleware
solutions, including JBoss Enterprise Middleware Suite. Red Hat is
accelerating the shift to service-oriented architectures and enabling
the next generation of web-enabled applications running on a low-cost,
secure open source platform. Red Hat also offers support, training and
consulting services to its customers worldwide and through top-tier
partnerships. Red Hat's open source strategy offers customers a long
term plan for building infrastructures that are based on and leverage
open source technologies with a focus on security and ease of
management. Learn more: http://www.redhat.com
Forward Looking Statements
Certain statements contained in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
provide current expectations of future events based on certain
assumptions and include any statement that does not directly relate to
any historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements as a result of
various important factors, including: risks related to the integration
of acquisitions; the ability of the Company to effectively compete;
the inability to adequately protect Company intellectual property and
potential for infringement or breach of license claims regarding third
party intellectual property; risks related to data and information
security vulnerabilities; ineffective management of, and control over,
the Company's growth and international operations; adverse results in
litigation; the dependence on key personnel as well as other factors
contained in in our most recent Annual Report on Form 10-K (copies of
which may be accessed through the Securities and Exchange Commission's
website at http://www.sec.gov), including those found therein under
the captions "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations". In addition, the
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as representing
the Company's views as of any date subsequent to the date of the press
release.
LINUX is a trademark of Linus Torvalds. RED HAT and JBOSS are
registered trademarks of Red Hat, Inc. and its subsidiaries in the US
and other countries.