London Stock Exchange, one of the worldâs premier international equity exchanges, has chosen to deploy 250 dual-core AMD Opteronâ¢ processor-based HP DL585 and DL385 servers as part of a four-year programme to move its trading platform on to next generation technology.
The Exchange opted for AMDâs industry-leading dual-core AMD Opteronâ¢ processors 275 and 875, running at 2.2 GHz to power the new trading platform which will be launched in 2007. Processing power, performance standards, scalability, space optimisation and power consumption were all cited as contributing factors.
âWhile the primary factor for choosing AMD technology for the Exchange was the overall combination of price, performance and power consumption, the ability of AMD Opteron processors to overcome the cooling challenges presented by an IT project of this scale was also fundamental to our decision,â said Robin Paine, Chief Technology Officer at the London Stock Exchange.
Over the last three years, the Exchange has pursued a Technology Road Map (TRM) designed to provide its customers with the fastest, most cost efficient, robust trading environment in the world. In addition to next generation technology, the processing power of dual-core AMD Opteronâ¢ processors will play a key role in achieving that optimal business performance, as well as helping with space optimisation issues faced by many financial institutions. Once completed the TRM will enable the Exchange to accelerate the implementation of capacity upgrades for one tenth of the current cost.
AMD Opteron processors feature AMDâs revolutionary Direct Connect Architecture, an integrated memory controller and HyperTransportâ¢ technology. The additional memory bandwidth and speed gains will allow the Exchange to link two primary data centres with a third facility that acts as an arbitration facility.
âTodayâs markets are driven by the need for speed,â said Paine. âAMD Opteron processors with Direct Connect Architecture offered a significant performance advantage over the competition.â
The AMD 64 Architecture and HyperTransport technology will soon be able to provide a tightly-coupled coprocessor expansion capability that addresses the communications bottlenecks forcing systems to off-load activity to coprocessors in other solutions.
âAMD is able to offer a leading-edge solution for processing performance per watt,â said Kevin Knox, vice president Worldwide Commercial Business at AMD. âThese companies are trading billions of dollars every day and fast transactions are the competitive advantages they sell to their customers.â