Model-based software for the global securities industry

Press release

Coexis benchmark proves enterprise scale on a tiny Linux footprint for SynSettlements – over 100,000 trades per hour recorded

London and New York 22 October 2007 — Coexis, a global IT provider of next generation software for capital markets has announced new benchmark results showing high performance and linear scalability of SynSettlements on an open source Linux/HP platform with just six X86 processors (including the database server).

Coexis began measuring the performance of Syn in benchmarks ten years ago, usually at the request of prospective clients keen to see evidence of straight through processing (STP) rates on particular hardware deployments. In that time the emphasis for hardware has shifted from an initial concentration on large-scale ‘enterprise’ SMP (symmetric multiprocessing) machines through mid-range Unix servers to larger numbers of smaller x86-based architectures and Linux-based operating systems.

“The measured performance of Syn clearly demonstrates an upward trend, to the extent that the system deployed in the current exercise upon a handful of x86 Linux machines considerably exceeded the best previously recorded figures upon Solaris/UltraSparc IV.in March 2005,” says Donal O’Brien, business development director of Coexis Limited.

Highlights of the benchmark

Demonstrated scalability consistent with a linear model
Demonstrated efficacy of quad-core processor architectures as a means of scaling the database tier
Maximum throughput recorded was 105K trades per hour

Whilst some of this improvement can be ascribed to increases in processor speed, it is likely that improvements at all levels – hardware, database, Java VM technology and enhancements to Syn itself – are contributing to the current performance.

The hardware, operating system and database were kindly made available to Coexis by AEMS London. The full results are available in the Syn Scalability white paper: benchmark.pdf

About Syn~ and Coexis

Coexis, the creator of Syn®, provides next generation software technology and applications which meet the dynamic business needs of the Global Capital Markets. Syn is built using current state-of-the-art technology and engineered specifically to solve the market need to process exceptionally high volumes. Syn~ solutions allow an organisation to re-engineer and automate business processes through its unique rules-based and application lifecycle approach. As a result users gain the perfect alternative to high cost bespoke solutions or rigid off-the-shelf packages. Coexis solutions include SynBroker, SynSettlements, SynCustomer, SynFunds, SynStruct and SynClear.

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Press contact: Salli Roskilly Saffron Communications Limited
T: +44 (0)1763 208708
E: salli(at)saffroncoms.com

Further information from:
Donal O’Brien, business development director
Coexis Limited 1 High Street Rickmansworth Herts WD3 1ET UK
T: +44 (0)1923 720477
E: sunil.shah(at)coexis.com