RMDS is Reuters next-generation software platform for integration of financial market data. Reuters announced a Linux-based version of the RMDS application earlier this year. The planned support of RMDS on xSeries servers and BladeCenter represents another milestone in the expansion of Linux into the enterprise, and is an important example of how financial services companies are deploying mission-critical applications on Linux to benefit from its open, flexible and cost-effective nature.
RMDS provides customers with a scalable, cost-effective means to aggregate and distribute market-related data throughout the financial enterprise, and has been designed to meet the performance and reliability requirements of today's marketplace. Improved hardware selection and support for blade systems gives customers the opportunity to reduce data latency and respond faster to market movements, to cope with rapidly increasing market data rates, and to lower their total cost of managing real time data. The xSeries and IBM BladeCenter support allows Reuters customers to upgrade their existing market data applications to RMDS on Linux and take advantage of the power, density and performance advantages of IBM's technologies.
"Our customers have asked us to support IBM's BladeCenter hardware for the market data infrastructure they have come to rely upon," said Peter Lankford, Vice President, Reuters Enterprise Information Solutions. "We are very happy to partner with IBM, a leader in the Linux community. IBM's strength in Linux solutions, from hardware to software to services, means they can provide offerings with the quality and selection that our customers demand."
IBM's consulting capabilities and industry insight in Linux, financial markets and trading room floors coupled with the eServer BladeCenter will be a strong combination. IBM eServer BladeCenter is designed to help businesses reduce their total cost of ownership by offering the ability to quickly and easily add individual thin servers as required.
"RMDS is the critical infrastructure for managing real time data on which financial institutions depend. With no single point of failure, BladeCenter's unmatched resilience is a key attribute when supporting real-time market data feeds," said Jeff Benck, vice president eServer BladeCenter. "Combined with IBM's significant investment in the integration of Linux within eServer products such as BladeCenter, this solution will greatly reduce a customers total cost of ownership."