1. Grids, Parallel Processing, Multicore, GPUs and Low Latency John Barr Research Director, Financial Markets

2. Agenda The 451 Group Grid and Cloud Parallel Processing – Multicore – GPUs Low Latency – Financial Messaging

3. The 451 Group Founded in 2000, like Gartner, Forrester, IDC, etc. 100 staff, 50 analysts with deep domain expertise Syndicated research, advisory services, conferences We analyse the trends in enterprise IT From a business, technology and M&A perspectives Briefings with Vendors, End Users and VCs Surveys, Conferences Clients 60% are IT vendors 20% are investment banks 10% are venture capitalists 10% are end users

4. Grid Deployment Model

5. Grid morphing into the Clouds?

6. Drivers and Barriers ‘Green tape’ : government eco-efficiency mandates – Compliance, Corporate social responsibility, Taxation – Flexibility, Cost, Separate capex and opex ‘Red tape’ – including but not limited to: – Security, Availability, Regulation – Connectivity, Performance, Management – Standards, Territorialism, Job security – Hostile software licensing regime

7. Cloud Computing is IT as a service

8. GridEcon www.gridecon.eu

9. Low Latency

10. Technology Findings Processors –Multicore –Accelerators –Software Development Tools Storage –Low Latency –High Volume Networks –Infiniband –Ethernet Software –Complex Event Processing –Data Grid/Cache –Real Time OS

11. Low Latency Findings Colocation Business Issues –match to latency Complexity vs Pragmatism It’s a journey

12. Financial Messaging

13. Financial Messaging - Trends Market data volume is growing faster than Moore’s law –Multicore complexity –More trading venues –Hunt for liquidity –Dipping in dark pools

14. Financial Messaging - Trends Increased us of accelerators –Accelerator → Appliance Feed handler Ticker plant Networking SOA –Proof of Concept or production? –Power, cooling and space saving Green

15. Thank You John Barr john.barr@the451group.com 07988 764 900