Pravega® Financial Technologies, Inc. Announces VegaFIX Version 4.0 for an Enterprise FIX Infrastructure Solutions

Imported from previous forum

CHICAGO–Pravega Financial Technologies, Inc. (PFT), a financial technology solution company, today announced the worldwide launch of its VegaFIX System Version 4.0 software. The new benefits of this software release are designed to provide performance enhancement and platform upgrade for middle and back-office FIX infrastructure.

“With this release firm’s modern and legacy applications can be seamlessly integrated, allowing businesses to quickly meet their unique business needs through specialized yet economical solutions.,” said Srinivas Eadha, President and Founder of PFT.

In this release, the following performance improvements were achieved, and more importantly .NET 4.5 environment allows building more robust, scalable, multi-protocol, parallel core processing for in memory analytics and many more language features for middle and back-office solutions.

All these are run time environment of .NET (CLR) enhancements that FIX Engine runs on it.

Multi-core Just-in-Time (JIT) - The feature works by JIT compiling methods likely to be executed on a background thread, which on a multi-core machine will run on another core, in parallel.

Optimized Native Images - In this release .NET4.5 introduced a supplemental tool called Managed Profile Guided Optimization (MPGO), which optimizes the layout of native images for even greater performance.

Large Object Heap (LOH) - Made some changes to make efficient use of memory fragments in the LOH

Background GC for Server - Background GC (Garbage Collector) for server introduces support for concurrent collections to our server collector. It minimizes long blocking collections while continuing to maintain high application throughput. This also minimizes jitter significantly.

About Pravega

Pravega® Financial Technologies, Inc. is a self-funded technology provider for financial firms, incorporated in 2009, IL. PFT is a small firm with over 15 years of development experience in capital markets in the USA and operates a small Research and Development Center in India with a dedicated highly skilled development and quality assurance team.

PFT provides software infrastructure solutions and professional services in middle and back-office areas, functional expertise in back-end Risk Management, Compliance & Auditing, Account STP, Security Master, Payment processing (cash journals, checks and wires) and Exchanges & ECNs connectivity. Technology expertise in FIX, FIX Gateways, FX, SWIFT Network, MQ, EDI and proprietary/native protocols. Please visit http://www.pravegatech.com.

Contacts

Pravega Financial Technologies, Inc.
Srini Eadha, 630-215-5151
srini.eadha@pravegatech.com