Fusion-io Flash Memory is Credit Suisse’s Trading Accelerator Choice
A pioneer of the Flash-based and storage-class memory tier, Fusin-io has revealed its recent involvement in trading—particularly for Credit Suisse. The global financial company has been tapping Fusin-io’s products and services to incorporate Fusion’s ioMemory technology with its celebrated AES or Advanced Executions Services. Furthermore, Credit Suisse is hoping to strengthen its algorithmic trading platform.
Credit Suisse has leveraged Fusion’s technology to expand its data access performance, maximizing the efficacy of its low latency trading platform architectures. They report that Fusion-io flash memory can accelerate services to as much as 5-fold.
“As our trading businesses continue to grow in size and complexity, driving greater efficiency and performance in the supporting IT infrastructure becomes ever more important,” said Marinela Tudoran, Global Head of Alternative Executions Platforms Technologies at Credit Suisse.
“Combining Fusion’s innovative solid-state memory solution has allowed us to increase performance while achieving higher levels of reliability in our IT infrastructure implementations. I believe that Fusion’s focus on speed, capacity, endurance and simplicity of deployment will continue to position the technology for wider adoption.”
A recent report noted the drastic improvement of Fusion-io: Fusion-io says its performance increases range from three times to 10 times, depending on the application. Salt Lake City-based Fusion-io, a veteran of the DEMO conference, was founded in 2006 and it has more than 300 employees. The company was started by David Flynn and Rick White. Apple co-founder Steve Wozniak serves as its chief scientist.
Credit Suisse group is a popular name within the trading industry and financial services.
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