The Tel Aviv Stock Exchange (TASE) examines centralized NVMe appliance for its real-time trading application
SANTA CLARA, Calif., August 8, 2017 – E8 Storage today announced its E8-X24 centralized NVMe appliance, which utilizes Dual Port Intel® Optane™ SSDs to deliver extreme storage performance and ultra-low latency for mission-critical applications. E8 Storage is the first vendor in the industry ready to deliver shared memory cache storage based on Storage Class Memory SSDs for Tier 0 performance.
The combination of Intel’s Optane™ high-speed, non-volatile solid-state storage and E8 Storage’s E8-X24 high-performance centralized NVMe solution is a powerful storage offering that is uniquely suited for applications such as real-time, high-volume trading. The Tel Aviv Stock Exchange (TASE) is one such customer that is currently examining E8 Storage’s E8-X24 centralized storage appliance and software stack in its data center.
“E8 Storage allows us to build a shared storage solution with latency that rivals in-memory database clusters, but unlike in-memory solutions it allows us to scale capacity easily as well as share volumes between many nodes in the Tel Aviv Stock Exchange cluster,” said Uri Shavit, SVP, CIO, IT and Operations Department, the Tel Aviv Stock Exchange. “E8 Storage’s solution, coupled with Dual Port Intel® Optane™ SSDs, has a potential in the field of high-frequency trading and represents a new breed of storage product that we have not seen before. The Tel Aviv Stock Exchange has always adopted state-of-the art technology, and we have very stringent reliability and supportability requirements. We are pleased to evaluate this innovative solution from E8 Storage and Intel to meet our needs for ultra-low latency storage and further expand our capabilities for TASE investors.”
“One of the strongest features of E8 Storage’s architecture is the ability to introduce the latest SSD technology while maintaining extreme performance and high availability,” said Zivan Ori, CEO and Co-Founder, E8 Storage. “Dual Port Intel® Optane™ SSDs are a perfect fit for our shared NVMe solution, and E8 Storage allows most innovative customers like the Tel Aviv Stock Exchange, to introduce these new SSDs into their applications without any modification to their existing infrastructure.”
E8 Storage now offers a range of performance options to suit customers’ needs. The ability to provide storage for memory cache replacement as well as datastores – both within a single appliance or dedicated appliances – gives enterprises the flexibility to choose the right deployment model for their specific requirements. The E8-X24 is available for testing with select customers; for more details please contact email@example.com.
About E8 Storage
E8 Storage provides the industry’s first-ever centralized NVMe enterprise storage solution, delivering simple, centralized storage management at the speed of local SSDs. The company’s rack-scale all-flash arrays are ideally suited for the most demanding mission-critical workloads needing performance without compromise, including real-time analytics, financial and trading applications, and transactional processing. E8 Storage’s next-generation high-performance flash storage delivers 10 times the performance at half the cost of existing storage products, is easily upgradeable and expandable, and enables consolidation to increase SSD utilization to over 90%. Privately held, E8 Storage is based in Santa Clara with R&D in Tel Aviv, and channel partners throughout the US and Europe. For more information, please visit www.e8storage.com, and follow us on Twitter @E8Storage and LinkedIn.
About the Tel Aviv Stock Exchange (TASE)
The Tel Aviv Stock Exchange Ltd. was founded in September 1953. The TASE group, which consists of the stock exchange, the TASE Clearing House and the Derivatives Clearing House, provides local and international investors with trading and clearing in securities, including stocks, corporate bonds, government bonds, index-tracking products and derivatives. The Tel Aviv Stock Exchange is home to over 450 listed companies, with a total market value of approximately USD 225 billion, 600 corporate bonds and 690 ETFs. For further information: www.tase.co.il
Yael Arnon-Livne, Sherf Communications