The Securities Technology Analysis Center (STAC) today announced that Aleri Inc. has joined the STAC Benchmark Council and has provided the STAC Lab with its event-processing platform (EPP) for end-user evaluations.
âAleri is committed to providing innovative, real-time trading technologies, and we support industry efforts to establish standards for measuring latency and overall performance for market data, analysis, and execution,â said Don DeLoach, CEO of Aleri. âThe STAC Benchmark Council and the STAC Lab are the first of their kind for the trading industry, and we are proud to be one of the early supporters of the STAC movement.â
As a member of the Council, Aleri will contribute to benchmark specifications that will be useful to the trading industry. The Council was formed in September of 2007 and is made up of global trading firms such as Citigroup, JP Morgan Chase, and HSBC, as well as other leading technology vendors. Its primary goal is to define industry-standard ways of measuring latency, capacity, power efficiency, and other key performance attributes of trading solutions.
Aleri is also the first EPP vendor to make its products available for customer evaluation in the STAC Lab. Aleri will keep the lab supplied with the latest versions of its event-processing platform, the Aleri Streaming Platform, which STAC has added to its âRacked-and-STACâd List,â the inventory of products ready for testing in the STAC Lab. This will enable STAC and end-user firms to design high-performance solutions using Aleri technology in conjunction with the advanced servers, networks, storage, and software available in the STAC Lab, and to test those solutions using official STAC Benchmarks and STAC Tools.
âEPP is a fairly new product category, and customers are eager to understand how specific products behave under specific workloads,â said Peter Lankford, founder and director of STAC. âWe are excited that Aleri is contributing to STAC Benchmark standards and that they are enthusiastically supporting customer evaluations of Aleri products in the STAC Lab.â