ENTERTAINMENT
Fox River Arms Itself with a TMS Solid State Disk to Win Stock Battles
Texas Memory Systems, Inc., makers of the World’s Fastest Storage, announced that Fox River Financial Resources, a highly-skilled stock trading company, has successfully accelerated its Oracle database with a RamSan solid state disk to gain an advantage in the highly competitive stock trading arena.
Fox River electronically trades equities, options and futures for top-tier institutional investors. Fox River promises clients trade executions at a set price that is better than they can obtain themselves, thus increasing the profit on trades. To trade competitively Fox River depends on its proprietary Oracle-based software system to rapidly gather and analyze market data. This computing system maintains in excess of 20 terabytes of data. “The RamSan has greatly improved our transactional ability so we can deal with more customers and a lot more transactions,” said James oskalik, Director of Technology Services at Fox River. “Without the RamSan, it wouldn’t be possible to capture rapidly incoming options tick data. Overall, ox River has gained significant competitive advantage thanks to its investment in a Texas Memory Systems solid state disk.” Solid state disks are typically used alongside traditional storage to allow IT managers and database administrators to increase the number of oncurrent users and simultaneous transactions without adding servers, RAM, or monolithic RAID. The Texas Memory Systems RamSan-400 used by Fox River can deliver 400,000 I/Os per second, 3,000 megabytes per second of bandwidth, and sub-15 microsecond response time. “Technology is used as a weapon,” added Mr. Moskalik. “We are pitting our technology against our competitors. In this business, you really do live and die by how good your technology is. Milliseconds make a difference here. For example, one of our batch processes went from over 3 hours to under 20 minutes when we moved to the RamSan.”
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