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SGX Goes With HP Converged Infrastructure Technology

HP  announced that Singapore Exchange (SGX) has selected HP Converged Infrastructure technology to enhance trade execution and expand capacity. SGX will invest $210 million in an organic growth strategy that includes an advanced trading system. The upgraded SGX Reach trading system incorporates HP ProLiant BL 460c G7 server blades and c7000 BladeSystem, NASDAQ OMX trading software, and Mellanox Technologies 40Gb/s InfiniBand adapters and switches. It offers ten times the capacity of the previous system and enables SGX to cut order-entry latency to less than 90 microseconds.

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PortX raises $16.5M

Seattle-based PortX, an integration technology company focused on financial services infrastructure, has announced a Series B funding round of $16.5 million.

CGI wins 10-year AOUSC contract for $143.5M

CGI has been awarded a ten-year IDIQ contract by the Administrative Office of the U.S. Courts. If all options are exercised, the total value of the task order will be $143.5 million.