GFI Group Builds Next Gen Trading Infrastructure

GFI Group Inc., provider of wholesale brokerage, electronic execution and trading support
products for financial markets, will deploy flash memory arrays
from Violin Memory, Inc. to increase the speed and capacity of its
trading platforms across all assets classes.

Replacing spinning disks with solid state storage is part of a larger project
GFI is implementing to prepare its electronic trading infrastructure for its
planned Futures Exchange ‘DCM’ and Swap Execution
Facility ‘SEF.’

Jerry Dobner, CTO at GFI Group, said: "We
looked to increase the speed, capacity, and density of our shared storage
platform and turned to Violin Memory to assist us. By embracing this new
technology, our clients will benefit from faster transaction speeds and a
highly scalable electronic trading infrastructure."

"We are excited about GFI’s choice
of Violin Memory, as it continues to prove that purpose built memory based
solutions are the next step in IT infrastructure evolution," said Don
Basile, CEO of Violin Memory. "Real
time information access is today’s reality and Violin is building solutions to
enable organizations like GFI, which rely on timely information access, to
achieve their business goals."