LONDON and NEW YORK and SANTA CLARA, Calif., May 22, 2018 (GLOBE NEWSWIRE) — McObject®, developer of eXtremeDB®, the ultra-efficient database system for real-time and historical data analysis, announced today it has set multiple STAC-M3™ benchmark records, running on E8 Storage, a pioneer in shared accelerated storage for data-intensive, high-performance applications that drive business revenue. This powerful combination produced impressive results in STAC Benchmarks™, with the fastest tests performing 17x faster than the previous best results. The results firmly cement McObject’s place at the forefront of the database management industry and demonstrate the power of E8 Storage’s shared NVMe storage system for financial analysis. The results set a clear and impressive new standard for the rest of the sector.
The STAC-M3 benchmark suite is the standard for independent industry testing of high-speed time series data analytics. It was specified by a number of banks and hedge funds in the highly-respected STAC Benchmark Council, facilitated by the Securities Technology Analysis Center (STAC®). The tests are designed to measure the performance of processing tick-by-tick market data, i.e. a ‘tick database,’ with well-defined hardware and software technology stacks.
The full STAC Report™ is available at www.STACresearch.com/XTR180416.
The outstanding results include:
- Faster mean response times than all previously published best results for 5 of the 17 operations.
- More consistent response times (lower standard deviation) than all previous best results for 7 of the 17 operations.
- 17.0x the performance of the previously published best result for the write benchmark (STAC-M3.β1.1T.WRITE.TIME) using a non-McObject database.
- 9.1x the performance of the previously published best result for the NBBO benchmark (STAC-M3.β1.1T.NBBO.TIME) using a non-McObject database.
Steve Graves, CEO and co-founder of McObject, says: “We’re absolutely delighted to have set so many new records. We’ve known for a while that eXtremeDB delivers exceptional performance, and these latest benchmarks prove it again.” He adds: “It’s particularly gratifying to have set these records with our new Financial Edition (for HPC) running on E8 Storage.”
All the queries were programmed using Python and SQL, running on a Supermicro SYS-2028TP-HTTR, connected to an E8 Storage E8-X24 high-performance shared NVMe storage appliance.
Editorial contacts for McObject
Alla Lapidus / Piers Grassmann
Tel: +44 (0) 20 7250 4770
About E8 Storage
Founded by database and real-time systems experts, McObject offers proven, ultra-fast data management technology. The company’s background and expertise in defense and aviation sectors means that its technology is exceptionally reliable and robust.
eXtremeDB Financial Edition (for HPC) is designed specifically for the financial markets, HPC, IoT and Big Data, which demand the most powerful solution for managing time series data, including market data. It’s used by banks, exchanges, hedge funds and other financial institutions in a broad range of areas, such as risk management, algorithmic trading, compliance (MiFID II, FRTB) and many others. Among its customers are industry leaders such as TradeStation, NSE.IT, SunGard, Transaction Network Services, Dalian Commodity Exchange and Financial Technologies of India Ltd. (FTIL) along with Viasat, BAE Systems, Motorola and Boeing.
In the UK and Europe McObject is represented by its partner, MCO Europe, based in the City of London.
For more information please visit http://financial.mcobject.com.
McObject and eXtremeDB are registered trademarks of McObject LLC. STAC and all STAC names are trademarks or registered trademarks of the Securities Technology Analysis Center, LLC. All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners.