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How IMC powers next-generation trading; how banks are using distributed systems

How IMC powers next-generation trading; how banks are using distributed systems


The next NYC In-Memory Computing Meetup will be Oct. 25 in Manhattan. We'll have 3 great talks, food, drinks & classic Star Trek raffle prizes!

Let's take a look at the speaker lineup:

>> Kevin Goldstein, Principal Architect at Neeve Research
>> Akmal Chaudhri, Apache Ignite & GridGain Systems technology evangelist
>> Marco Mankerious, solution architect at Redis Labs

* 6 p.m. -- Dinner is served!
* 6:10 p.m. -- Talk 1 (Kevin): "How In-Memory Computing Powers Next-Generation Trading"
* 6:45 p.m. -- Talk 2 (Akmal): "Powering up banks and financial institutions with distributed systems"
* 7: 25 -- Talk 3 (Marco) "Beyond Caching - Strategies for Session Store, Caching and Pub/Sub with Redis"
* 8 p.m. Raffle drawings (register here: )
* 8:05 p.m. Finis

Talk 1: (Kevin) Wall Street’s Big Banks Are Waging an All-Out Technological Arms Race. They are battling to control the $58 billion-a-year equities industry. Part of that story is the triumph technologies that are enabling Electronic trading operations to seize opportunities lasting only fractions of a second. The winners and losers are determined by how fast a trader can digest a market feed and place orders. That means reducing tick-to-trade – the time interval between receiving a market tick showing the opportunity to an algorithm and the buy/sell order being sent.

In his talk, Kevin will discuss the in-memory architectures that enabled him to build very fast, reliable, and scalable enterprise applications, but more importantly, enables him to build and maintain them easily and in an agile manner. The move towards in-memory computing was to meet ever-increasing demands on performance.

Kevin has been instrumental in seeing this shift unfold mostly through the adoption of in-memory architectures that tackle not just the data side of the equation, but also the messaging and processing side of applications. Breakthrough performance and reliability have been achieved with an in-memory equities platform delivering one million ‘Client to Market’ transactions per second (TPS) at < 10 microseconds ‘Client to Market’ latency, with no performance change, going from zero to peak traffic, and with zero data loss guaranteed. In-memory solutions, with its minimal hardware footprint, goes even further to reduce massive investments in capital equipment resulting in significant saving.
* * *
Talk 2: (Akmal) In this talk, attendees will learn about the key capabilities and features of in-memory computing platforms that are important for financial applications -- including ACID compliance, SQL compatibility, persistence, replication, security, fault tolerance, fraud detection and more.

Akmal will also review two major use cases of Apache Ignite and GridGain -- as a caching layer in-between applications and existing relational and NoSQL databases to speed up response time and achieve scalability; and as a full-fledged distributed database with its own persistence layer.

Several Apache Ignite and GridGain deployments in financial services will be covered, as well as an architectural deep dive into an actual deployment.
Talk 3: (Marco) There are many use cases for Redis outside of caching. We will cover briefly the two most popular caching approaches with Redis, then cover how you can leverage Redis as the communication hub for micro services by using Pub/Sub. We will also touch on the most popular use case for Redis: Session store.
For Halloween, we are going with a classic Star Trek theme for the raffle!
(register for the raffle here: )
1st Prize: Star Trek Phaser (exact replica, also works with your TV!)
2nd Prize: Star Trek Communicator (works with your phone via Bluetooth!)
3rd Prize: Star Trek Science Officer T-Shirt (workout in style!)
Spaces - 1740 Broadway, New York
1740 Broadway, #15 Floor · New York, ny
How to find us

Check-in at the desk and then head up to the 15th floor

Google map of the user's next upcoming event's location