Under the terms of the agreement, GigaSpaces’ platform for the development of high-performance, low-latency, distributed enterprise applications is to be embedded in TraderTools’.NET-based STPlatform.

STPlatform is a comprehensive straight-through processing platform designed to facilitate more profitable trading in a variety of foreign exchange (FX) and money market (MM) instruments. It includes components for streaming executable rates, managing a global order book, executing FX and MM deals online and providing a real-time messaging architecture and an in-memory data grid.

By integrating the GigaSpaces infrastructure software, TraderTools expects to shorten development time while providing differentiating capabilities to STPlatform, such as enhanced scalability and performance.