As part of its strategy to win more
trading business and new customers, the London Stock Exchange needed
a scalable, reliable, high-performance stock exchange ticker plant
to replace its earlier system. Roughly 40 per cent of the Exchange’s
revenues are generated by the sale of real-time information about
stock prices. Using the Microsoft® .NET Framework in Windows Server®
2003 and the Microsoft SQL Server™ 2000 database, the new Infolect®
system has been built to achieve unprecedented levels of performance,
availability, and business agility. Launched in September 2005, it
is maintaining the London Stock Exchange’s world-leading service
reliability record while reducing latency by a factor of 15. Its successful
implementation, with support from Microsoft and Accenture, shows the
London Stock Exchange’s leadership in developing next-generation
trading systems.
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Customer
Profile
The London Stock Exchange was
established in 1801. With 440 employees, it is the world’s
premier international equity exchange and a leading provider
of services that facilitate the trading of shares.
Business
Situation
The London Stock Exchange needed
a scalable, reliable, high-performance, and agile stock exchange
ticker plant to replace an outmoded system. About 40 per cent
of its revenue comes from selling real-time market data.
Solution
Working with Microsoft and Accenture,
the London Stock Exchange replaced its London Market Information
Link (LMIL®) system with Infolect®. It used the Microsoft®
.NET Framework, the Microsoft Visual C#® .NET development
tool, and the Microsoft SQL Server™ 2000 database.
Benefits
•
Substantially faster for
trades than previous system
•
One hundred per cent reliable
on high-volume trading days