QuantHouse implements global 100Gigabit upgrade in anticipation of further market volatility
Adding additional performant related capacity and connectivity enhancements for ever-growing client base
London, Paris, Chicago, Sydney, 11 November 2020: QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced a global upgrade of all data centre backbones to 100G including the deployment of the low latency Arista Networks platform as part of their ongoing rollout of customer-focused enhancements.
In April 2020, QuantHouse completed the first phase of their infrastructure process automation program demonstrating their commitment to delivering superior performance and resilience for their global client base. Today’s announcement builds upon the first phase ensuring increased bandwidth, improved legacy and enhanced fabric performance.
Emmanuel Carjat, Chief Operating Officer, QuantHouse, said, “Improving the performance of the QuantHouse fabric, and the services received by our clients, remains of great importance to us. In times of uncertainty, and from ongoing conversations with our client base, we know that having additional capabilities that address security, risk and continue to meet volatility changes continues to be top of minds.”
At the core of the enhancements is the 100G data centre backbone upgrade which reduces the risk of packet loss and ensures that the QuantHouse infrastructure continues to meet the significant and on-going increase in bandwidth requirements from exchanges. Deploying the Arista Networks platform improves latency for customers, and by implementing a highly scalable EVPN/VxLAN design, QuantHouse is able to deliver new services quicker.
Mark Foss, Senior Vice President Global Operations and Marketing, Arista Networks, added, “We are delighted to help the QuantHouse algo trading community enhance their latency connectivity to their global network of data centres. Arista Networks complements the high performance network enhancements that QuantHouse continues to roll out and through leveraging our advanced technologies and state of the art automation, will enable them to deploy seamless services to their customers.”
Stephane Leroy, Chief Revenue Officer and business co-founder, QuantHouse, concluded, “At a time when global execution venues are experiencing intense volatility with many high-volume bandwidth peaks, we have taken the decision to invest in these steps to make sure all our clients can maximize their trading opportunities and profit during any type of market conditions ahead.”
QuantHouse provides end-to-end systematic trading solutions. This includes ultra low latency market data technologies with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK. We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalize operating costs.
The “QuantHouse API Ecosystem” is a unique global initiative with the objective to provide the framework within which capital markets participants can quickly and easily gain access to multiple trading venues, technologies or applications through standard APIs. The QuantHouse API Ecosystem has developed over time to what is now the largest API ecosystem community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds, market makers and other financial services partners and vendors.
QuantHouse is part of Iress (IRE.ASX), a technology company providing software to the financial services industry. Iress’ software is used by more than 9,000 businesses and 500,000 users globally. More information is available on www.iress.com.
Arista Networks is an industry leader in cognitive cloud networking solutions for large data center and campus environments. Arista’s award-winning platforms deliver availability, agility, automation analytics and security through CloudVision® and Arista EOS®, an advanced network operating system. For more information visit www.arista.com.