GigaSpaces and Excelian Join Forces to Bring Dynamic Scalability to Financial Services and eGaming

NEW YORK, New York, March 1, 2011 /TargetwireGigaSpaces Technologies, the leading provider of a new generation of virtualized application platforms, and Excelian, a London-based, technology-consulting company, have joined forces to provide scalable application solutions to financial services and e-gaming companies.

"We chose to work with GigaSpaces because it is battle proven in the industries in which we work," says Adam Vile, PhD, Senior Partner at Excelian. "Its application scalability solves many distributed computing problems and provides a framework for application development that is well architected and robust." 

GigaSpaces flagship product, eXtreme Application Platform (XAP), is an end-to-end virtualized application platform. It allows for dynamic and linear scaling of data, applications, and logic without any compromise to performance and functionality. In finance, scaling must occur across thousands of stateless compute nodes; e-gaming requires that multiple clients be scaled in real time to meet growing numbers of users. XAP combines the functionalities of scalability, caching, and distributed processing into an integrated whole, which makes it unique in the market.

"GigaSpaces technology has been fine-tuned to fulfill the complete list of performance requirements for organizations requiring millisecond processing," says Jim Liddle, GigaSpaces Director, Sales and Operations, UK, Ireland&Scandinavia. "Excelian will ensure that its clients benefit from the complete range of XAP’s features."

Excelian will be using XAP to ensure financial services organizations can deliver real-time market data and risk analysis across trading and pricing systems. It will also implement XAP across industries to ensure other clients can easily scale out web applications and compute farms.

"The combination of GigaSpaces and Excelian is a world-beating combination," Adam concluded. "We have had a long relationship with Gigaspaces and are now ready to work with them in specific industries to take our products, applications and services to the next level."

About GigaSpaces

GigaSpaces Technologies is a leading provider of a new generation of virtualized application platforms. Our flagship product, eXtreme Application Platform (XAP), delivers end-to-end scalability across the entire stack, from the data all the way to the application. XAP is the only product that provides a complete in-memory solution on a single platform, enabling high-speed processing of extreme transactional loads, while scaling to meet any requirement– dynamically and linearly. XAP was designed from the ground up to support any cloud environment– private, public, or hybrid– and offers a pain-free, evolutionary path from today’s data center to the technologies of tomorrow.

More than 350 organizations worldwide are leveraging XAP to enhance IT efficiency and performance. Among our customers are Fortune Global 500 companies, including top financial services enterprises, telecom carriers, online gaming providers, and e-commerce companies, such as Dow Jones, NYSE, Société Générale, Virgin Mobile, and Sears.

About Excelian

Excelian is one of the UK’s leading financial IT consultancies, recently cited as a flagship success its sector by British Prime Minister David Cameron. Based in the City of London, Excelian has 250 staff working out of 20 countries with regional hubs in Johannesburg, Tokyo, Melbourne, Sydney as well as a satellite base in New York. The company has specialist practices in Technical Consulting, Commodities and Capital Markets, including a world leading Murex consultancy. The Technical Consulting division, headed by Senior Partner Dr Adam Vile, is known for its expertise across a range of products and services including bespoke risk and trading system development, complex event processing, GPGPU and other acceleration technology, grid and high performance computing, low latency computing, managed grids and infrastructure, virtualisation and cloud. www.excelian.com

For more information, please visit http://www.gigaspaces.com, our blog at http://blog.gigaspaces.com or contact:

K2 Strategic Innovations

Amy Kenigsberg

amy@k2-si.com

+972 9 794 1681 (GMT +2)

U.S. +1 913 440 4072 (ET +7)  


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