Portware Launches High Availability Solution To Deliver Unprecedented Business Continuity

Portware High Availability Provides Real-time Backup Service for Superior Support in Today's High-Volume Trading Environment

(PresseBox) ( New York, US, )
Portware, a leading independent provider of global, broker-neutral, multi-asset trading systems today launched its real-time failover system. Portware High Availability (HA) provides unprecedented business continuity in the event of any trading system failure and is available to buy- and sell-side firms using Portware's Enterprise solution.

Unlike standard disaster recovery and backup systems, Portware HA eliminates the risk of downtime by delivering an instantaneous failover solution. Portware HA continuously monitors the client's core trading environment, duplicating messages and maintaining real-time copies of positions, outstanding orders and order status, in a separate server environment. As soon as Portware HA detects an interruption to normal trading operations, it immediately switches to the backup server environment. This eliminates the need to restart trading systems, check positions and re-establish connections, which can take minutes and even hours, and may result in significant financial loss.

Eric Goldberg, chief executive officer, Portware comments: "In today's high volume trading environment every millisecond counts, and even a few seconds of downtime can result in huge financial loss. Portware HA offers a real-time back-up solution so trading can continue despite system blips or even catastrophic failures."

Ary Khatchikian, president and chief technology officer, Portware adds:
"The continued increase in trade volumes and market data, combined with the growing complexity of firms' trading strategies, has highlighted the importance of responding instantly to interruptions in trading services.
Portware HA offers our clients a unique failover solution that far exceeds any regulatory obligations regarding business continuity and risk management."
Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien.
Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@pressebox.de.