These tests have demonstrated how service parallelism can help achieve linear scalability on multi-core architecture, addressing a significant computing issue facing the financial services industry. The demonstrations will be conducted on September 22, 2008 in New York City. The conference is entitled "Low Latency, Acceleration and Agility in the Financial Markets".

Intel and Rogue Wave Software conducted performance tests on the scalability achieved when running on the new generation of Intel's Xeon Server, codenamed "Dunnington". The 24 core server showed better than linear throughput increase, processing more than 3x as many transactions per second as its 8 core predecessor. Using Hydra's service parallelism, these numbers were achieved without having to modify the software application to be multi-threaded, which is typically required.

"The results of these tests represent a milestone in high performance computing, particularly for the financial services sector", stated Thomas Gaunt, senior vice president worldwide sales and marketing at Rogue Wave. "Working with industry leaders like Intel, Rogue Wave can show firms how to make this migration economical and successful through service parallelism."

"The days are over where financial services firms could count on steady increases in processor speed in order to meet the need for greater computing power", added Thomas Gaunt. "More and more, these companies will have to find ways to fully exploit multicore servers to meet the growing demands of volume and complex transactions. IT departments can pursue a 'wrap and extend' strategy with the right tools to unlock new ways to more efficiently process growing volumes of increasingly complex transaction data required in financial services."