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Univa Sets Sight on $69.9¹ Billion Financial Services Market

Univa Short Jobs for financial services industry enables extremely low latency, high performance data center computing, capable of performing more than 20,000 jobs per second

Hoffman Estates, IL, – June 18, 2015 – Univa, the data center workload optimization company, today announced Univa Short Jobs for financial services. The Univa Short Jobs add-on for Univa Grid Engine provides the financial services industry a framework to run massive quantities of low latency tasks inside a Univa Grid Engine cluster. The runtime can be as low as microseconds with minimal scheduling overhead and the solution achieves industry leading throughput ratios of more than 20,000 tasks per second and over 1.7 billion tasks a day.

"Financial institutions require an industry-specific solution that addresses the rigid demands of an enterprise-class high-performance computing environment," said Gary Tyreman, President and CEO at Univa. "Univa Short Jobs brings to the industry the world's most efficient processing and lowest latency available for important tasks like real-time trading, transactions, and other critical applications."

"Our global consultancy, Excelian, specializes in implementing competitive and scalable technology solutions to the financial services industry. We are excited to see Univa expand their footprint into challenging use cases like low latency job submission; in doing so they are meeting the ever-increasing demands of the financial markets," said Neil Avery, Chief Technology Officer at Excelian. "We have enjoyed our partnership with Univa and found their software can easily integrate with most systems to provide our customers with the ability to maximize efficiency, reduce costs, and manage risk."

Univa Short Jobs is an add-on to Univa Grid Engine, the world's most trusted, scalable workload optimization solution. Together with the recently released Universal Resource Broker add-on, Univa Short Jobs vastly expands the type of workloads that can be processed with Univa Grid Engine. Workloads can now range from microtasks, batch, interactive, and parallel work to micro services applications and big data analytics - all controlled and monitored through a single pane of glass. This makes Univa Grid Engine the most versatile workload management platform available to date.

With Univa Grid Engine, workloads are efficiently shared across machines in a data center to optimize the computing infrastructure. Univa Grid Engine policies can be applied to a Univa Short Jobs workload, in connection with the extremely efficient handling of massive amounts of work being processed inside a Univa Short Job context. The Univa Short Jobs add-on features rapid processing of workloads with short run-times, organization of workloads into categories and supporting interdependencies, submission of complete workflows in one sweep or per task, and fail-safety as well as self-healing features.

Key Capabilities of Univa Short Jobs include:

About Univa Corporation

Univa, the Data Center Automation Company, is the leading provider of automation and management software for computational and big data infrastructures. Our products and global enterprise support give our customers the power to manage all of their compute resources, no matter how big or where deployed. Many of the leading brands in the world depend on Univa's unsurpassed expertise, and premier services and support. Univa is headquartered in Hoffman Estates, Illinois, USA, with offices in Markham, ON, Canada, Munich and Regensburg, Germany.

¹ Markets and Markets, "Financial Services Application Market by Software (Audit, Risk & Compliance, BI & Analytics, Business Transaction Processing, Customer Experience, Enterprise IT), by Services, by Deployment, by Users & Region - Global Forecast to 2019." Available from Markets and Markets, accessed June 9, 2015.

Media Contact:

Neil Bendov, Univa Corporation, +1 (647) 699-8281, press@univa.com