Big Data: Smart analytics


The Low Latency summit this week provided some good visibility on Big Data and low latency processing – Data driven analytics using big fast data. Few interesting take aways:

low latency data processing, focusing on application logic, in-memory storage or pre- and post-trade analytics, in support of intelligent trading

“The latency to check risk is six milliseconds. That is a lot of delay and leaves a lot of room for an arms race”, – James Davies, chief operating officer of Global Markets Exchange Group

Nick Idelson, technical director at TraderServe: First, “data is good and clean”.  Then, “whether it matches up and whether there is any jitter”.  Finally, the solution leveraging the data.

Pre-trade risk – driving low latency big data

 

~ by mdavey on October 15, 2013.

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