Direct Edge, a New Jersey-based stock exchange, announced today its use of Windows Server 2008 R2, Microsoft SQL Server 2008 and Informatica Ultra Messaging for its new trading platforms.
By building its new exchange on technology from Microsoft and Informatica, Direct Edge has reduced its latency by 83 percent, realized substantial cost savings in both operations and technology and gained 100 percent schedule uptime to date.
“In building its business on a Microsoft platform, Direct Edge demonstrates the success of our continuing commitment to deliver a solid foundation for mission-critical operations in the financial services industry,” said Simon Witts, corporate vice president, Enterprise and Partner Group, Microsoft. “With the support and dedication of industry partners such as Informatica, Microsoft is pioneering a new paradigm for mission-critical workloads, providing dependability and flexibility to innovate the differentiated applications that are essential to achieving sustainable competitive advantage in today’s capital markets.”
To find out more about Direct Edge’s use of Microsoft products, visit www.microsoft.com/caseStudies/ServeFileResource.aspx?4000018036 or read the press release at http://www.microsoft.com/presspass/press/2010/dec10/12-15directedgepr.mspx.