MOSCOW and LONDON--(Marketwired - Apr 11, 2013) - Renaissance Capital , the leading emerging markets investment bank, is pleased to announce the successful upgrade of our Ultra Low Latency DMA Platforms with Solarflare , the leader in application intelligent 10 Gigabit Ethernet (10GbE) hardware acceleration and FPGA technology for Trading and Market Data, making Renaissance the first broker in Russia to provide Ultra Low Latency Technology on Linux and Accelerated Hardware Technology covering, as well as FPGA.
Solarflare Technology allows Renaissance Capital to deliver the lowest latency with higher message rate performance to its HFT clients, reaching single digit microsecond latency for pre-risk checks on a 10GbE Network measured over Time Precision Protocol, while treating several millions of messages.
Peter Jones, Managing Director for International Sales and Channels at Solarflare, said: "Solarflare has been selected by Renaissance Capital in Russia and numerous clients globally, by meeting or exceeding the strict requirements of the most demanding compute environments. We are excited to be able to offer the most innovative technology in the industry to the leading emerging markets investment bank. We have a dedicated team focused at Russia, backed by a great global team. The strength of our commitment is demonstrated by our relationships with Renaissance Capital and other clients as well as channel partners in our Authorized partner program."
Damian Bunce, CEO, Electronic Trading Group, said: "We selected Solarflare for their ultra-low latency module's performance, reliability, continuous development and innovative approach to meeting the market requirements. Our close partnership with Solarflare allows us to pilot their latest technology and work closely with them on future development. It is with no surprise that our latest performance tests show that with Solarflare technology we manage the same level of performance with up to several times the current total market volume and very low jitter."
About Renaissance Capital ( www.rencap.com ):
Renaissance Capital is a leading emerging markets investment bank with Operations in Russia, the CIS, Central and Eastern Europe, Central Asia and Africa, The Firm also offers its clients access to these markets through such financial centres as London and New York. Renaissance Capital has market-leading positions in each of its core businesses -- M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. Renaissance Capital's Electronic Trading Group offers prime brokerage and execution-only and HFT services. Renaissance Capital is part of the ONEXIM Group.
About Solarflare:
Solarflare is a leading provider of application-intelligent networking I/O products that bridge the gap between applications and the network, deliver improved performance, increased scalability, and higher return on investment. The company's solutions are widely used in scale-out server environments such as high frequency trading, high performance computing, cloud, virtualization and big data. Solarflare's products are available from leading distributors and value-added resellers, as well as from Dell, IBM, and HP. Solarflare is headquartered in Irvine, California and operates an R&D facility in Cambridge, UK. For more information, including product specifics, customer case studies and FAQs, please visit Solarflare at www.solarflare.com .
