In First Cloud-Based STAC-M3 Benchmark, McObject and Lucera Set Records for Market Data Analysis

FEDERAL WAY, WA and NEW YORK, NY--(Marketwired - Nov 19, 2014) - McObject®, developer of the eXtremeDB® Financial Edition database management system (DBMS) for capital markets, and Lucera Financial Infrastructures, a premier provider of on-demand high-performance infrastructure to power electronic trading, announced the availability of a STAC Report™ on the first cloud-based STAC-M3™ benchmark assessing high-speed analytics on time series trading data. McObject and Lucera also announced a partnership in which Lucera will offer eXtremeDB Financial Edition as a service for applications hosted on the Lucera Compute™ high-performance, collocated cloud computing infrastructure for financial institutions.

The partnership marks the first time that a low-latency DBMS has been ported to a cloud-based platform and offered as a service to its users.

In the tests conducted by the Securities Technology Analysis Center (STAC®), eXtremeDB Financial Edition and Lucera Compute achieved record-setting results executing complex queries that were designed by trading firms on the STAC Benchmark™ Council to reflect real-world capital markets computing demands. Together, the DBMS and cloud-based infrastructure beat standing records in five of the 17 benchmark tests. Compared to previous STAC-M3 benchmarks using different DBMSs, the McObject-Lucera pairing delivered performance that on average is

• More than three times (3x) as fast as the best previously published result for the Multi-User Intervalized Statistics -- 50 Threads benchmark (STAC-M3.β1.50T.STATS-UI.TIME)
• More than twice as fast for the Multi-User Intervalized Statistics -- 100 Threads benchmark (STAC-M3.β1.100T.STATS-UI.TIME)
• More than twice as fast for the National Best Bid and Offer benchmark (STAC-M3.β1.1T.NBBO.TIME)

Clients will benefit from the speed of McObject's and Lucera's combined solution via more competitive trade execution, timely risk assessment, and improved strategy formulation via rapid back-testing all while using Lucera's on-demand compute capacity. eXtremeDB Financial Edition simplifies coding by enabling the use of SQL and Python in low-latency trading, and Lucera Compute™ eliminates the need for infrastructure build-out, thus reducing costs and cutting deployment time. eXtremeDB Financial Edition's built-in redundancy and recoverability combine with Lucera Compute's non-stop support and monitoring to provide the highest reliability for mission critical financial systems.