Business Services Industry
Vhayu and NetApp Partner on Data Storage Solution for Financial Services Customers
Business Wire, March 18, 2009
Combined Solution Designed to Reduce Data Storage Costs
LOS GATOS, Calif. -- Vhayu Technologies, the leading provider of enterprise tick data solutions, today announced membership in the NetApp (NASDAQ: NTAP) Partner Program. Financial services providers use tick data, an amalgamation of price and volume data, to derive real-time analysis of the equities, futures, and options markets. Vhayu is collaborating with NetApp to tightly integrate NetApp® storage solutions into a Vhayu Velocity environment. With this partnership, customers will be able to cost effectively store and easily share tick data volumes in the multiterabyte range.
Vhayu’s Velocity suite of products for the financial services industry contains high-performance market data solutions for the capture and high-speed analysis of massive amounts of streaming and historical data. A critical piece of Vhayu’s solution is the ability to use fast and reliable shared storage to access historical archives of trading data. Through Vhayu’s membership in the NetApp Partner Program, customers benefit from NetApp’s unified storage solution, which is second to none in allowing storage access by using multiple protocols—including FC, iSCSI, NFS, and CIFS—in a single architecture.
“NetApp and Vhayu engineers recently completed an extensive project to demonstrate the suitability of NetApp storage for Vhayu Velocity implementations,” said John Coulter, vice president of Corporate Strategy at Vhayu. “Overall, we found that NetApp FC SAN storage systems provided excellent performance when configured with the Vhayu applications. Together, the solution offers customers a proven option for the storage of historical data and archive access.”
“The NetApp Partner Program brings cost-effective, validated solutions to our customers that speed time to market,” said Patrick Rogers, vice president of Solutions Marketing at NetApp. “Through this partnership, NetApp storage systems and NetApp FlexClone® technology will help Vhayu’s customers deploy Velocity in a multiterabyte data environment while maximizing storage efficiency and minimizing deployment time.”
For a technical report on Vhayu Velocity performance, compatibility, and best practices using NetApp FC SAN, visit http://media.netapp.com/documents/tr-3745.pdf.
About the NetApp Partner Program
The NetApp Partner Program provides qualified infrastructure and application providers with access to NetApp solutions, software development kits, technical support, training, certification, product information, and marketing and sales assistance. Customers benefit by having access to best-of-breed partner solutions that are tested to work with NetApp storage. Additional information about the NetApp Partner Program is available at http://www.netapp.com/us/solutions/solution-partners/.
About NetApp
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and achieve outstanding cost efficiency. Discover our passion for helping companies around the world go further, faster at www.netapp.com.
About Vhayu
Vhayu delivers the fastest market data solutions for the capture and high-speed analysis of massive amounts of streaming and historical data, to the world's leading financial institutions. Through its unique patented Velocity and Squeezer technologies, Vhayu combines software and hardware to provide significant competitive advantages to financial firms concerned with the processing and storage of tick data by enabling faster and smarter trading decisions. Partnered with some of the world’s leading technology and financial services organizations, Vhayu's customers include 8 of the top 10 global financial institutions, the leading online discount broker, the largest financial information provider, major hedge funds and trading systems vendors.
Vhayu was founded in 1998 by Intel technologists who brought together over twenty years of experience architecting high performance hardware and software solutions. Headquartered in Silicon Valley, the company also has offices in New York, London and Tokyo. For more information, visit www.vhayu.com.
NetApp, the NetApp logo, Go further, faster, and FlexClone are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.
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