Adaptive proves that “the future of finance is in the cloud”

Rick Steves

“While workloads have migrated to the cloud over the past decade, some have doubted whether its latency and fault tolerance can match that of on-premises solutions – our joint testing on Google Cloud, proves that this is the case.”

Adaptive Financial Consulting has revealed the outcomes of their performance assessment of Aeron technology on Google Cloud.

This testing highlighted the potential of leveraging Aeron technology alongside Google Cloud to achieve high performance and scalability in capital markets.

The collaboration between Adaptive and Google Cloud demonstrated that cloud-based solutions could offer latency and fault tolerance comparable to traditional on-premises infrastructure.

Throughput capacity of up to 4.7 million messages per second

Aeron technology, developed by Adaptive, is a cloud-native, open-source platform designed for low-latency message transport and cluster technology. It is widely used in the financial services sector for constructing trading systems that require microsecond latency and millisecond recovery times. The tests conducted on Google Cloud infrastructure revealed that Aeron can achieve a sub-20 microsecond performance level, with a throughput capacity of up to 4.7 million messages per second.

The performance testing involved Aeron Transport for messaging and Aeron Cluster for continuous, zero downtime trading systems. With the addition of Aeron Premium, the system’s performance, security, fault tolerance, and recovery capabilities were further enhanced. The tests utilized a variety of Google Cloud services, including C3 instance types and diverse storage options.

Key findings from the testing showed significant improvements in latency and throughput when utilizing Aeron Premium components. Latency for messaging dropped to 18 microseconds from 57 microseconds with the open-source version of Aeron, and throughput increased six-fold to 4.7 million messages per second. For Aeron Cluster, latency was reduced to 36 microseconds from 109 microseconds, with throughput exceeding 250,000 messages per second while maintaining a latency under one millisecond.

“The future of finance is rooted in cloud technology”

Matt Barrett, co-founder and CEO at Adaptive, said: “The future of finance is rooted in cloud technology. While workloads have migrated to the cloud over the past decade, some have doubted whether its latency and fault tolerance can match that of on-premises solutions – our joint testing on Google Cloud, proves that this is the case. Using Aeron, we have showcased the cloud’s capabilities. For institutions aiming to develop cutting-edge trading technology, the combination of Aeron and Google Cloud not only produces scalable, low-latency trading systems but also manages substantial data volumes without compromising fault tolerance.”

Last month, ADS Securities LLC (ADSS) selected Adaptive to develop a new, proprietary trading platform that operates 24/7 on the cloud, accessible through both web and native mobile apps.

The exclusively cloud-based retail broking platform employs fault-tolerant Aeron and Hydra technology and users to seamlessly switch between web and mobile, providing a versatile and personalized trading experience.

Adaptive, appointed as a long-term partner, provides strategic advice, platform and experience (UX) design, and ongoing platform management, including the introduction of new features, tools, and asset classes to address customer demand.

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