Required Predictability
In equity and commodity trading, value can be measured in the nanoseconds that traders have little control over. Thus, traders are concerned with the predictability of the exchanges with which they interact.
Latency and Jitter
Traders place orders before their industry counterparts, however, those orders can execute later than anticipated. Focus has rightfully shifted from network latency reduction to jitter variations and fluctuations.
Need For Determinism
Determinism is key to building trust between exchanges and traders. Brokers seek exchange relationships that not only provide fast execution, but also consistency and predictability of trade execution timing.
Customers of retail banking, corporate banking, and capital markets expect immediate, uninterrupted access whether on site, online, or through a mobile app. Delivering a smooth, consistent, and valued experience anywhere, anytime can be data and infrastructure intensive.
However, financial services companies can reliably meet these expectations and deliver this experience by placing greater computing capability at the perimeter—or the edge—of their networks, complementing the high availability computing platforms within their data centers.
From trading applications that require processing in nanoseconds to credit and debit card authorizations that require transaction processing in real time, any interruption in service could be the difference between you, your competition, and your bottom line.
Our zero-touch computing platforms run critical applications with built-in fault tolerance, ensuring up to 99.99999% platform uptime. Featuring application virtualization, they consolidate key workloads onto a single compute platform, reducing the need for multiple servers and simplifying operations without adding risk.
Optimized GPU Clusters at Scale
for Financial Services
Meeting the performance demands and expectations of the financial services industry, Penguin Solutions provides the well-architected, low-latency infrastructure solutions required to manage GPU clusters efficiently while meeting regulatory requirements and gaining your competitive advantage.
Algorithmic Trading
Execute sophisticated trading algorithms at high speed to capitalize on market opportunities that are gone in seconds.
Quantitative Analysis and Modeling
Conduct complex quantitative analysis, pricing derivatives, and financial models to support investment decisions.
Fraud Detection
Analyze large volumes of transaction data to detect and prevent fraud while utilizing machine-learning algorithms for anomaly detection.
New Exchange Designed for Determinism With Streamlined Execution and Order Handling
Members Exchange (MEMX) is engineered to maximize determinism, minimize latency and jitter, and consistently provide a predictable platform to execute trades at the best price possible.
The company’s IT architects were able to analyze afresh how exchanges and the trading markets work. They looked at data flow and location, traffic patterns and densities, and processes, and then leveraged the best and most advanced technologies available.
They identified and addressed challenges to efficiency and data availability through innovations from leading technology companies, such as Intel and Penguin Solutions, taking advantage of modern capabilities, such as secure cloud infrastructure. Thus, they created a highly predictable trading platform that is also scalable and flexible.
“The entire system is optimized and balanced for speed and stability across the entire architecture—from quoting to the matching engine to executing trades and eliminating latency when moving data across the platform and to the cloud.”
- Jonathan Kellner, CEO
“We needed to work with someone who could not only build a highly custom platform but would be a true technology partner that would help us with the many engineering and logistics challenges that we faced along the way.”
Rapid Deployment & Management of AI Infrastructure at Scale
OriginAI® is an AI factory infrastructure solution built upon proven, pre-defined AI architectures that scale from hundreds to more than 16,000 GPU clusters. OriginAI integrates these validated technologies with Penguin’s intelligent, intuitive cluster management software and expert services.
Intelligent AI Infrastructure Cluster Management
Simplify the deployment and management of AI clusters to quickly realize high productivity. Bare-metal hardware, network, and software resources are transformed into high-performance cluster environments, streamlining administration complexity, and optimizing resource availability.
Delivering NVIDIA DGX-Ready Managed Services
Penguin Solutions has designed and deployed large NVIDIA DGX clusters, with high-speed NVIDIA InfiniBand networking and optimized storage. We have relationships and expertise with most storage vendors, allowing us to provide bespoke solutions for every customer.
Talk to the Experts at Penguin Solutions
Reach out today and learn more how we can empower your pursuit of AI when gaining industry insights quickly can be the difference between generating alpha and missing opportunities.