Wall Street Systems, the provider of global treasury and capital markets solutions and services, today announced the results of benchmark testing of The Wall Street System treasury engine performed under laboratory conditions at the Hewlett-Packard Company’s New Hampshire engineering benchmark center. The Wall Street System treasury engine exceeded one million FX transactions per day, representing a five-fold improvement from the previously measured peak performance. It processed a peak load of approximately 45,000 new deals per hour.
Over a period of several months, the Wall Street Systems Technical Design Team, in collaboration with HP’s OpenVMS operating system developers, redesigned the FX deal processing modules of The Wall Street System treasury engine, with a view to further increasing FX transaction processing rates. The FX deal processing modules take advantage of new operating system features created by HP expressly for Wall Street Systems.
Mark Tirschwell, Chief Technology Officer, Wall Street Systems, states: “The tremendous performance gains can be attributed to a combination of HP AlphaServer systems and software architecture that enables our solution to operate resiliently in a high performance environment. This is particularly important as The Wall Street System treasury engine must be able to process a high-volume of transactions for clients 24 hours a day, seven days a week.”
The global requirements of the customers of Wall Street Systems, running an enterprise-wide solution, demand ongoing investment in benchmarking. In the specific area of FX trading, the need to process significant numbers of transactions is essential in running a worldwide FX operation. During the tests, new, advanced techniques were developed that enable The Wall Street System treasury engine to run many concurrent FX position processing queues and maximize FX throughput. The new structure allows deals to be submitted and completely processed from a front-office perspective in a single step, ensuring users around the world are working with real-time positions.
This industry leading performance was achieved running on the latest version of HP OpenVMS (Version 7.3-1) running on
systems. “I’m delighted to see this performance breakthrough, resulting from close collaboration between one of our leading Financial Services ISVs , and the latest technology from OpenVMS and our AlphaServer engineering teams,” said Mark Gorham, vice president, HP’s OpenVMS Software Group.