Fact Sheet

About Tervela

Founded in 2004, Tervela delivers the Message Network™—an ultra-low latency infrastructure designed to exceed the information dissemination and processing requirements of the world’s most demanding financial services institutions. Addressing the challenges of market volume, volatility and visibility, Tervela’s next-generation messaging platform enables investment banks, hedge funds, exchanges and other data-intensive organizations to deliver consistent, outstanding and predictable performance—even in the most demanding market conditions.

 

Products

• Tervela TMX Message Switch™—sitting at the heart of the Tervela Message Network, the TMX is a purpose-built, hardware-accelerated messaging switch that provides enterprise scale, unparalleled speed and continuous stability to help organizations proactively overcome business and information distribution challenges. It can be deployed standalone or networked with companion switches for fault tolerance or increased capacity.
• Tervela TPM Provisioning & Management System™—providing a single point of management, the TPM centralizes control of the Message Network to allow customers to easily monitor, manage and measure all messaging flows while tracking and storing utilization and performance data.
• Tervela TPE Persistence Engine™—an optimized message storage and retrieval system that captures all message traffic and addresses demanding storage requirements without impacting application-level performance.
• Tervela TSE Service Engine™—a hardware engine that seamlessly provisions common extensible applications such as intelligent order routers, FIX engines and book services into the Message Network without reengineering.
• Tervela Client API™—combines an application programming interface, communications engine and application stubs to handle the most performance-intensive applications. It works with the TMX to optimize message throughput while minimizing latency.

 

Market Challenges

Messaging is at the heart of high-performance markets—such as financial services—yet organizations still rely on legacy and architecturally limited software-based solutions. Tervela’s next-generation, ultra-low latency infrastructure—the Message Network—helps overcome market challenges that result from continually increasing data volumes and periods of volatility. By providing sustainable speed, continuous stability and enterprise scalability, Tervela’s Message Network enables customers to continually outperform their competition even during the toughest market conditions.

 

Value Proposition

Unlike legacy messaging platforms, Tervela’s Message Network delivers an integrated solution accelerated via silicon. Because of its complete message flow perspective, the next-generation platform dynamically adjusts to underlying network conditions and ever-increasing volumes of information—seamlessly without impacting other facets of the infrastructure. By centralizing message resources and intelligence, Tervela delivers:

• Speed that is superior to peer-to-peer software solutions—especially in volatile market conditions
• Enterprise scalability to support the ever-increasing demands on messaging infrastructure
• Unprecedented stability to enable high-performance enterprise messaging

As an easily-integrated mezzanine layer that sits between the underlying transport network and applications, the Message Network strengthens applications, servers and networks to provide critical predictability and consistent, market-leading, low-latency messaging. The end result accelerates revenue growth and drives efficiency while reducing the CapEx and OpEx line items associated with legacy platforms. Tervela’s Message Network also addresses the infrastructure impacts resulting from mandates such as Regulation National Market System (Reg NMS) and Markets in Financial Instruments Directive (MiFID).

 

Customers

Tervela provides a competitive advantage for the world’s most demanding financial services institutions, which include:

• Tier-1 Investment Banks
• Hedge Funds
• Automated Trading Institutions and Exchanges
• Market Makers and other data-intensive organizations

 

Partners

As an ecosystem of integrated partner solutions, the Tervela Advantage Partner Program™ (TAPP) was developed to extend the Tervela Message Network. Working with partners to provide more comprehensive solutions, Tervela helps organizations overcome the operational inefficiencies and continuity constraints of legacy middleware and messaging software.

 

Distribution

Tervela has a direct sales and support organization focused on solving the messaging challenges of financial services institutions and data-intensive organizations.

 

Intellectual Property

Tervela has attracted the world’s leading engineering talent and has five patents pending.

 

Investors

Tervela is a well-financed, high-growth technology company that was formed in 2004 and is backed by the following investors:

• Goldman Sachs
• Sigma Partners
• Acartha Group
• North Hill Ventures

 

Contact Tervela

Tervela has major offices in New York and in the Boston area. For more information, call us at +1 646.586.4200, visit our contact us page or send an email to info@tervela.com.