I've written before about the problem this joint solution solves in Grid Meets the Middle Office.
Here's an excerpt:
The solution addresses two fundamental challenges grid users in capital markets are facing today. First, it allows organizations to move large volumes of data to compute nodes with low-latency performance, and, second, it eliminates the disconnect between the front office and the data grid. In addition, GigaSpaces' platform provides a highly scalable application architecture that enables organizations to keep pace with rapid growth.
"In the financial services industry, large and fast-growing applications based on Microsoft technologies need to process high volumes of transaction data very fast," said Stevan Vidich, U.S. capital markets industry technology strategist at Microsoft Corp. "Our work with GigaSpaces supports those requirements by offering end users a way to process high volumes of low-latency data using Excel-based applications. Smooth interoperability between Java and .Net is an added bonus."
Congrats to my business development team at GigaSpaces, and specifically Amnon Raviv and Dekel Tankel, for making this happen.
Come check it the solution at our SIFMA booth (#1419) this week:
GigaSpaces and Microsoft will preview the combined solution, providing live product demonstrations, June 19-21 in New York City at SIFMA's Technology Management Conference. Additionally, a white paper published by the two companies will be available on Microsoft Developers Network (MSDN) Web site in late June.
Hope to see you there.