The GigaSpaces application platform is a single middleware solution that combines data, events and processing coordination. All data is managed in-memory for extreme performance and the application can scale both vertically – within large machines – as well as horizontally – across many cost-effective machines.

Patsystems chose the GigaSpaces platform for meeting its requirements for low-latency and fault-tolerance, using a scalable approach. GigaSpaces achieves this by co-locating the data and business logic, and replicating and re-locating them together across the hardware infrastructure.

A further advantage of this technological approach is to ensure backwards compatibility with the Pro-Mark and J-Trader trading systems, as well as Patsystems’ market leading exchange connectivity.

We expect a significant benefit of using GigaSpaces will be its ability to synchronize trading activities across geographies with extremely low-latency, commented John Mansfield, global trading program director at Patsystems. GigaSpaces will enable us to facilitate a large volume of high-speed transactions to meet the evolving needs of the trading marketplace and enable global control, 24-hour operation and exceptional resiliency.