Deutsche Brse Group and IBM today announced that Deutsche Brse Group has selected IBM high speed messaging technology to become part of its all new technology infrastructure. The new infrastructure will be the backbone for all of the Groups exchanges. It will be enhanced with customized applications to meet the unique needs of each of its marketplaces Eurex, ISE and Xetra. The International Securities Exchange (ISE) in New York will be the first market to migrate its options exchange to the new common infrastructure, rollout will be in late 2010.
Based on IBM WebSphere MQ Low Latency Messaging, the new backbone will help Deutsche Brse Group stay ahead of its demanding and ever-increasing speed, capacity and stability requirements.
Our key objective is to deliver a leading-edge, accurate and reliable transaction backbone, building on our track record of innovation as a first-mover in electronic markets. Deutsche Brse is committed to augmenting its IT capacity with best-in-class partners, says Michael Kuhn, CIO of Deutsche Brse AG.
Customers across Deutsche Brse Groups exchanges will benefit from superior performance combined with best in class reliability. Additionally, the three exchange platforms Eurex, ISE and Xetra will be able to react quickly to demands for technology upgrades. The new backbone will also help to realize synergies across the Group, significantly lower maintenance costs and enhance expansion opportunities into new markets and asset classes.
The new infrastructure has been developed leveraging the combined expertise of Deutsche Brse Systems and ISE. On top of the IBM high speed messaging technology, Deutsche Brse has defined application-specific modules to take into account the diverse requirements of its different market operations which include Eurex, ISE and Xetra. The modular design offers optimum support for future expansions to accommodate new functions and business opportunities and reduces their technical development times.
Deutsche Brse Group will be one of the first organizations to benefit from the enhanced functionality of IBM WebSphere MQ Low Latency Messaging Version 2.2. Indeed as part of its close collaboration with Deutsche Brse Group, IBM included certain new features in the
latest version of its ultra-low-latency messaging transport specifically at the request of Deutsche Brse.
D.C.