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Press Releases

Allston Trading Selects Tervela for Application
Acceleration and Monitoring in Real-time

August 31, 2010 — Tervela, the pioneer of hardware-accelerated messaging systems, and Allston Trading, LLC, a premier market maker in more than 30 financial exchanges worldwide, today announced that Tervela’s messaging platform has been chosen to enable a more information-rich trading environment while monitoring application performance, network health, and end-to-end latency in real-time.  Read more »

Tervela Wins Technology Category at 2010 MITX Technology Awards

August 5, 2010 — Tervela selected as the winner for the Technology Enablers category in the 7th Annual Massachusetts Interactive Technology Exchange (MITX) Technology Awards   Read more »

ICAP Selects Tervela for Global Messaging Infrastructure

February 22, 2010 — Interdealer Broker to Deploy Tervela TMX-500 Message Switches for Electronic Broking  Read more »

Tervela Closes on $18 Million Financing to Fund Expansion

September 14, 2009 — Goldman Sachs, Sigma Partners, Acartha Group and North Hill Ventures Participate in Latest Round  Read more »

Tervela Names Technology Veteran to CEO Post

September 8, 2009 — Former Unica SVP Eric R. Schnadig to Lead Company into Next Phase of Growth  Read more »

Tervela Introduces Third-Generation Messaging Platform

June 23, 2009 — TMX-500 Message Switch Redefines Enterprise Messaging with a Smaller, Configurable, Energy-Efficient Solution That Sets New Benchmarks for Performance, Extensibility and Economics  Read more »

Tervela and Arista Partner to Provide Next-Generation Messaging Solution for Cloud Computing

June 2, 2009 — Intelligent, Extensible, High-Performance Architecture Provides Foundation for Data-Intensive Financial Services Environments   Read more »

Tervela Announces Industry’s First Real-Time Guaranteed Messaging Service

May 27, 2009 — New Message Network Platform Rewrites the Equation for Assurance, Performance and Scale for Enterprise Information Delivery  Read more »

Tervela and Volante Announce First Data Integration Solution On Open Data Framework

April 13, 2009 — Offering Provides Seamless, Rapid Integration of Financial Services Applications and Diverse Data Formats onto Tervela Message Network   Read more »

Aite Group Joins Tervela for Webinar on the Execution Advantages of Algorithmic Trading

March 4, 2009 — Aite Group Senior Analyst Adam Honoré and Tervela CEO & Founder to Discuss Strategies for Seeking Alpha in Precipitous Financial Climate   Read more »

Tervela Extends Message Network with Open Data Framework

March 2, 2009 — Scalable Platform Drives Interoperability across the Enterprise with AMQP Integration and Support for Open Standards, Applications and Protocols   Read more »

Tervela Joins AMQP Working Group

February 18, 2009 — Membership Supports Open, Extensible Solutions through Collaboration  Read more »

Tervela and FIX Flyer Announce First Production Customer for Integrated High-Performance Order Routing Platform

January 12, 2009 — Global Brokerage Firm Deploys FIX on TMX for High-Volume, Low-Latency Trading and Market Feed Capabilities  Read more »

Tervela Announces Integrated Options Market Solution to Address Volatile, High-Volume Trading Conditions

October 7, 2008 — Tervela Message Network Combined with Professional Services Enables Financial Firms to Exceed High-Performance Options Processing Requirements   Read more »

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

October 1, 2008 — TABB Group Senior Analyst and Tervela CTO & Founder to Discuss Options Processing Technology Requirements in Complex Trading Environments   Read more »

SoftModule Brings High-Performance Grid Computing Capabilities to Tervela Advantage Partner Program

September 22, 2008 — Collaboration Delivers Messaging Foundation for Large-Scale Computing Platforms   Read more »

Tervela to Speak on Ultra-Low Latency Panel at Gartner Event Processing Summit

September 3, 2008 — Founder & CTO to Discuss Benefits of Hardware-Based, Message-Oriented Middleware   Read more »

Tervela Joins the Financial Information Forum

August 12, 2008 — Membership Further Extends Company’s Collaborative Effort to Improve Financial Services Technology  Read more »

The Banker Awards Tervela with Innovative Technology Project of the Year

June 23, 2008 — Tervela Recognized for Transforming Options Market Making Business  Read more »

Tervela Unveils 3.0 Message Network Platform

June 10, 2008 — Financial Firms Can Now Scale, Store and Extend Messaging Services to Unprecedented Levels without Impacting Transport Network and Applications  Read more »

Tervela Launches Partner Program

June 9, 2008 — FIX Flyer, Portware, Volante and Celoxica Leverage Tervela’s Message Network to Transform Trading Infrastructures  Read more »

Tervela Breaks 10 Million Messages per Second Barrier in First Real World Test Environment

March 4, 2008 — Landmark Results Show Lowest Predictable Latency over Gigabit Ethernet Networks  Read more »

Tervela Continues Expansion and Appoints Industry Veterans to Head Marketing and Finance

February 27, 2008 — Veteran Marketer Robert Ciampa and Financial Management Executive Stephen A. Johnson Join Company  Read more »

Tervela Names Tech Industry Veteran to CEO Post

December 5, 2007 — Former LiveVault CEO Robert A. Cramer to Lead Company as It Accelerates Growth  Read more »

Tervela Releases Hardware Accelerated Messaging Platform for Extreme Financial Data Volumes

September 18, 2007 — Gives customers a 10X-100X improvement in capacity and performance over legacy messaging systems  Read more »

Tervela Appoints Christopher Larsen, Former EVP, TIBCO Software, to Board of Advisors

July 31, 2007 — Former Cisco Systems and Reuters Executives to Manage Top Tier Accounts  Read more »