Date Added: Feb 2010
The goal of zero latency in financial services has caused the creation of entirely new industries, products, and career paths as well as volumes of data, analysis, and opinion. The degree to which speed in market-data delivery, trading algorithms, and transactions influences profit cannot be overemphasized and is the motivation behind many financial firms' obsession with low latency. Every aspect of the data path, from messaging platform architecture to networking infrastructure, is being reviewed carefully in an attempt to gain competitive advantage. Many IT departments have approached the task by disaggregating the elements and testing them in isolation with simple synthetic tests that vary dramatically from the production requirements.