Kove, Fultech and McObject Demo 65TB/Hour

Kove, Inc. announced new performance records for sustained and deterministic storage latency, allowing new levels of application performance and sustaining high performance databases like McObject eXtremeDB.

Among numerous storage firsts, Kove has achieved in a 4U footprint, 320,000 IO/s at less than 4μs average latency with 45ns variation, 20 million IO/s at less than 5μs average latency with 170ns variation, and 20GB/s bandwidth at 17μs latency with 315ns variation. Alternative workloads also deliver superior performance.

A fabric was used to make the storage sharable and scalable, and all measurements were round-trip between host and target. No conveniences or shortcuts were taken with direct-attached, ‘in box’, or direct PCIe connected storage. This new level of determinacy allows all CPU cores to run at 99%, which accounts for the superior performance that can be achieved.

About these results, Kove’s CEO John Overton said: "We are pleased to introduce another set of Kove ‘firsts’ in the storage industry, demonstrating deterministic latency with nanosecond consistency to maximize CPU performance and boost application performance. In conjunction with our partners McObject and Fultech, this week we demonstrated greater than 65TBs per hour of consistent, sustained, random, and deterministic performance for a risk management simulation to address new regulatory requirements of Dodd-Frank and Basel III."

Fultech LLC, a capital markets advisory services company, designed a test scenario for portfolio exposure simulating 50,000 accounts with 3,278 positions, and challenged the technology team to produce a result based on a 10-year historical value-at-risk (VaR) model in less than 10mn. Using four servers, McObject eXtremeDB Financial Edition computed approximately 428 billion transactions required in less than 8.5mn on approximately 13.5TB of data reduced to 3.5TB of Kove XPD L2 storage, in effect demonstrating continuous, sustained, deterministic and random financial model processing of approximately 65TB per hour. This is not the first time McObject has demonstrated extreme performance. Last November McObject eXtremeDB Financial Edition delivered STAC-M3 benchmarks on Kove storage, for time series market data in financial services.

Fultech notes that many capital markets organizations can only view counterparty exposure on a daily basis executing batch processes across an extensive and expensive hardware platform. Applying Kove and McObject, clients can have a continually updated view of their exposures every few minutes regardless of their data footprint. And these results are just the beginning, with only four compute hosts and 13.5TB of data, the approach scales naturally to much larger performance and capacity.

Fultech’s managing partner, Paul Constantino asserted: "These compelling results from our risk simulation are a promising first step to enabling and delivering complex intra-day and eventually real-time functionality previously not possible in the risk and analytics space. We also see great potential for use of these technologies across the trade lifecycle and plan to release new applications in the coming months. The successes our technology partners have demonstrated clearly pave the way for a new paradigm in performance, functionality, and scalability in the capital markets."

"As seen in customer deployments and McObject’s STAC-M3 benchmark records in financial services, the eXtremeDB Financial Edition database system raises the bar for speed and scalability in data-intensive trading applications. Risk management is an area of trading where eXtremeDB can deliver the greatest benefits, meeting regulatory requirements, providing greater market stability, and protecting the large amounts of capital at stake. eXtremeDB is the only database that has achieved this level of performance, while maintaining full ACID database properties and transactions," said Steve Graves, Mc Object LLC’s CEO.