HPR (Hyannis Port Research), provider of advanced capital markets infrastructure (CMI) technologies, today announced the launch of Omnibot™, a first-of-its-kind networking device that integrates 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 has introduced a “net-zero” latency solution by performing risk checks in parallel with switching.
Since launching in 2011, HPR has built a reputation for offering the industry’s leading pre-trade risk and market access solution through its Riskbot® platform, an award-winning, FPGA-based technology that is used by nearly 100 of the industry’s leading brokers, clearing firms, market makers and quantitative hedge funds. Riskbot performs over 60 risk checks for accessing 80+ global markets with latency as low as 90 nanoseconds, depending on regulatory demands.
Offered as an Infrastructure-as-a-Service (IaaS) solution, Omnibot is the next generation of Riskbot. Omnibot merges electronic trading, risk and data applications into a network switch offering full connectivity through thirty-six 10GbE (Gigabit Ethernet) ports and/or an unprecedented four 40/100GbE, built-in, cross-connect/inter-connect ports. This allows firms to radically simplify links between networking, application, storage and data applications, providing “east/west” switch fabric that is critical for next-generation data center technology.READ FULL ARTICLE