Since 1986 - Covering the Fastest Computers in the World and the People Who Run Them

Language Flags
October 21, 2013

HPC Trends for Wall Street

Tiffany Trader

In a recent interview with Total Trading magazine, Jeffrey Birnbaum of 60 East Technologies offers his take on a range of technologies relevant to the intersection of high performance computing and trading. As the CEO & Co-founder of 60 East Technologies, which specializes in real-time streaming database software for the financial services sector, Mr. Birnbaum has a unique perch from which to view this quickly evolving space.

60East logoBirnbaum believes the most significant advancement of the last last two decades for this sector is the institution of non-volatile memory as a persistent memory tier. “We are only scratching the surface of how this new memory tier can be used to build systems that outperform and outscale similar systems that were built in the last few years,” says the CEO. “This technology allows reinventing all kind of software from database to messaging systems.”

The need for reinvention is a recurring theme in Birnbaum’s worldview. Making effective use of the high core counts in today’s NUMA-based machines is a challenge. As platforms continually evolve, processing, network and storage IO must be brought into balance. New programming techniques and architectural designs emerge to keep up with higher performance mandates as old systems become outdated.

Birnbaum is no stranger to big-C changes. A big investment bank that he worked for made the transition from Unix to Linux under his direction and now, a decade later, he remarks that “Linux and Intel Xeon are the de-facto standard platform for trading.”

As for what technologies will be the next game-changers, Birnbaum suggests keeping an eye on these three trends:

1. Software Defined Networking (SDN) – combining highly parallel compute with high velocity networking offers the benefits of increased scalability with lower latency.

2. Advancements in Non-Volatile Memory – better performance/scale.

3. Software transaction memory – a concurrency control mechanism, which Birnbaum believes will enable more robust code.

Since 2010 60East Technologies has focused on bringing the power of HPC to the financial services space with its flagship software called AMPS (Advanced Message Processing System), a highly-scalable low latency publish and subscribe engine that was designed for next generation computing environments. According to the company’s website, “AMPS is designed to lower the latency in real-world messaging deployments by focusing on the entire lifetime of a message from the message’s origin to its consumption by end-user clients.”

SC14 Virtual Booth Tours

AMD SC14 video AMD Virtual Booth Tour @ SC14
Click to Play Video
Cray SC14 video Cray Virtual Booth Tour @ SC14
Click to Play Video
Datasite SC14 video DataSite and RedLine @ SC14
Click to Play Video
HP SC14 video HP Virtual Booth Tour @ SC14
Click to Play Video
IBM DCS3860 and Elastic Storage @ SC14 video IBM DCS3860 and Elastic Storage @ SC14
Click to Play Video
IBM Flash Storage
@ SC14 video IBM Flash Storage @ SC14  
Click to Play Video
IBM Platform @ SC14 video IBM Platform @ SC14
Click to Play Video
IBM Power Big Data SC14 video IBM Power Big Data @ SC14
Click to Play Video
Intel SC14 video Intel Virtual Booth Tour @ SC14
Click to Play Video
Lenovo SC14 video Lenovo Virtual Booth Tour @ SC14
Click to Play Video
Mellanox SC14 video Mellanox Virtual Booth Tour @ SC14
Click to Play Video
Panasas SC14 video Panasas Virtual Booth Tour @ SC14
Click to Play Video
Quanta SC14 video Quanta Virtual Booth Tour @ SC14
Click to Play Video
Seagate SC14 video Seagate Virtual Booth Tour @ SC14
Click to Play Video
Supermicro SC14 video Supermicro Virtual Booth Tour @ SC14
Click to Play Video