CLSA deploys GigaSpaces in-memory computing platforms

GigaSpaces, a provider of in-memory computing platforms, announced that CLSA, a capital markets and investment group, has deployed GigaSpaces In-Memory Computing Platform for algorithmic trade execution and for client and exchange-facing management systems.
GigaSpacesGigaSpaces InsightEdge Smart Operational Data Store (ODS), a Digital Integration Hub (DIH), reduces algorithmic trading response time and manages 3-4 million transactions per day worth billions of US dollars that are executed in over 12 countries.

GigaSpaces’ speed and elastic scale is derived from a high performance, distributed in-memory compute and storage engine that co-locates business logic and data in-memory and supports dynamic server-side aggregations. The ACID compliant platform ensures consistency which is required for any transactional trading platform.