Press Releases

FOR IMMEDIATE RELEASE

Contact:
Steph Johnson
Page One PR
+1 212.410.2254 phone
+1 917.805.6925 mobile
steph@pageonepr.com

Tervela Hosts Options Webinar with TABB Group on Strategies
to Remain Competitive in Volatile Markets

TABB Group Senior Analyst and Tervela CTO & Founder to Discuss
Options Processing Technology Requirements in Complex Trading Environments

NEW YORK, October 01, 2008 – Tervela, the leading provider of high-performance, low-latency messaging systems, today announced they will be hosting a complimentary webinar with TABB Group entitled, “The Discipline of Options Market Leaders – Moving Beyond Low Latency to Drive Profitability,” on Wednesday, October 15, at 1 p.m. EDT.

Today’s volatile market, coupled with an exponential rise in options data volumes, has necessitated changes in how technology is leveraged to maintain a competitive advantage.This hour-long webinar, featuring TABB Group’s Senior Analyst Kevin McPartland and Tervela’s Founder and CTO J. Barry Thompson, will share options processing strategies and technology tactics to help market makers thrive in turbulent trading environments, and examine how leaders in this market are leveraging technology to:

• Handle escalating options data volumes
• Respond to varying traffic patterns
• Ensure message processing continuity
• Limit risk exposure in a volatile market
• Identify and prioritize platform requirements
• Transform existing infrastructures to drive profitability

The webinar will also detail why low latency is critical, but not the only piece of an options equation that also includes stability, predictability and scale, and show how all four components prove crucial for banks, hedge funds and exchanges looking to drive profitability in response to changing market demands.

Kevin McPartland is a Senior Analyst at TABB Group, where his research has focused on low-latency messaging, derivatives processing and other financial services technologies. Before joining TABB Group, he was a Senior Manager in the Global Financial Markets division of Detica (formerly m.a. partners). Kevin is a frequent speaker and author on financial markets technology.

An innovator with more than 18 years of experience, J. Barry Thompson co-founded Tervela and currently serves as CTO. Barry was formerly the Head of North American Architecture for UBS. On the board of the X-Prize Foundation and a frequent lecturer on financial technology issues, Barry continues to lead the adoption of transformative technologies on Wall Street.

To learn more and register, please visit www.tervela.com/webinars.

About Tervela
Founded in 2004, Tervela delivers the next-generation communications infrastructure – the message network – designed and engineered 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 invented the message switch to enable investment banks, hedge funds, exchanges and other data-intensive organizations to deliver consistent, outstanding and predictable performance – even in the most demanding market conditions. The company is funded by Goldman Sachs, Sigma Partners, Acartha Group and North Hill Ventures. For more information, please visit www.tervela.com.