Sydney, New York - Zeptonics, a new Sydney-based financial technology firm, has announced that its ZeptoMux switching device has gone to beta testing at client firms in the US and Asia Pacific.

Joshua Rose, Principal, Commercialisation, said the development represented a key milestone for the new firm, which launched in June this year. "The ZeptoMux has been in development for just over a year, and we are very pleased to have completed alpha testing and be moving to this important phase where clients will use the system in their own live trading environments," he said. "We are looking forward to feedback from these firms using the ZeptoMux to minimise latency within their trading infrastructure. Their insights will help us to fine-tune the management interface and to ensure optimal connectivity with a number of popular exchanges."

The ZeptoMux is designed to funnel messages from multiple downstream nodes to a single upstream service, and back again, as quickly as possible. It's designed for latency-sensitive network scenarios such as exchange co-locations and other high-speed trading environments.

The 130ns ZeptoMux is an Ethernet device that delivers a fibre-to-fibre performance (including SFP+s). It is a 10GbE 23-to-1 multiplexing switch, optimised for trading applications. The 24-port single rack unit appliance is scheduled for general availability in September this year.

Zeptonics plans to deliver a range of hardware and software solutions for brokerages, trading firms, market operators, data centre providers and telco vendors. Offerings will include risk-protected broker gateways, network taps for security and performance monitoring, additional network devices, and bespoke consulting services.