MELVILLE, N.Y. -- FalconStor Software, Inc. (NASDAQ:FALC - News), the market leader in disk-based data protection solutions, today announced that its technology has been chosen to enable Xasax Corporation to offer ultra-low latency financial market data to active trader and financial services organizations. The FalconStor Network Storage Server (NSS), powered by the FalconStor® IPStor® platform, provides storage virtualization and provisioning services, via industry standard iSCSI protocol, over a 20 GB/s InfiniBand storage area network, supplied by Voltaire (NASDAQ:VOLT - News).
Xasax, whose clients include active traders, hedge funds, and other financial service organizations, provides market data, order routing, entitlement solutions and proximity hosting services. The blended FalconStor, Xasax and Voltaire technologies give traders access to high speed order execution; large, high-performance data stores; and trade management capabilities that were previously unavailable to the middle market.
FalconStor NSS removes the complexity and expense from storage management by seamlessly providing SAN and NAS infrastructure and advanced enterprise class storage services for both networked and direct attached storage under a unified management umbrella across Fiber Channel and IP/iSCSI.
We are pleased to witness Xasax's ultra-low latency financial service network being powered by the world's fastest iSCSI implementation based on iSER", said Bernie Wu, Vice President of Business Development of FalconStor. "Besides exemplifying the robustness of our Network Storage Server, powered by the IPStor virtualization platform, this engagement also demonstrates FalconStor's continuing commitment to team with industry leaders to offer fully optimized, certified and integrated solutions to maximize the end user customer's ROI.
FalconStor Software Inc. (Nasdaq: FALC)