QUANT HOUSE and Intel raise the bar by breaking the 2 millions messages decoded per second on the new multicore Intel Xeon processor

New York, London and Paris - 14 January 2008

Quant House, the leading independant provider of end-to-end systematic trading solutions today announced that QuantFEEDHANDLER, its feed handler technology to standardize exchange raw market data feeds, is able to decode more than 2 millions messages per second.

The benchmark has been made at fasterLAB, the Intel low latency lab in London on several versions of the multicore Intel Xeon platform.

Quant House is a provider of end-to-end solutions including low latency market data technologies, systematic trading strategies development framework, infrastructure services and professional services for systematic trading firms who want to trade ahead.

Commenting on the announcement, Denery Fenouil, Chief Technical Officer and co-founder, said, “As our QuantFEEDHANDLER low latency software is natively multithreaded, leveraging the power of multicore hardware is immediate. The combination of our software and the new Quad-Core Intel® Xeon® processor 5400 series (formerly “Harpertown”) make the decoding of most demanding market data feeds -like OPRA- possible on a single 8 core server”.

Nigel Woodward, Intel Financial Services Director UK commented, “Intel’s latest
technologies have captured the attention of the financial services community. The high performance and low energy consumption is promoting adoption in the compute intensive front office space for market data and scenario testing. We see this announcement as furthering Quant House’s leadership in this area and clearly shows the advantages of tuning leading edge software on IA (Intel Architecture).”

Stéphane Leroy, Head of Global Sales and Marketing at Quant House, added, "It’s clearly part of our marketing strategy to further develop our technology in cooperation with industry leaders such as Intel. I’m delighted to demonstrate our clients that, leveraging the Intel fasterLAB, we are able to raise the bar again and lead this very demanding speed race.“

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