AFTAs 2019: Best New Technology Introduced Over the Last 12 Months, Infrastructure—HPR
January 20, 2020  WatersTechnology

HPR, which was founded as Hyannis Port Research, takes home the award thanks to its Riskbot platform. The solution performs 80-plus risk checks in 360 nanoseconds, and the company sees more than 10% of the US equity market volume flow through the platform as well as 15% of Australia’s.

But despite Riskbot’s impressive speed, HPR felt that the network switches its systems fed into represented a drag on performance. As a result, the vendor set out to develop a device that would integrate market access, risk management, data and latency capture functionality into a multi-application switch. Through the combination of FPGA-based risk hardware and a network switch within a single device, HPR felt it could create a “net-zero” latency solution by performing risk checks in parallel with switching.

In November 2018, its vision became a reality with the launch of Omnibot.