FSMLabs Launches TimeKeeper® Cloud on AWS Marketplace

High-quality time synchronization software improves cost-effectiveness, efficiency, and scalability of financial trading, gaming, and database applications

AUSTIN – January 27, 2014 – FSMLabs, provider of solutions for high-precision time synchronization and distribution, today announced the availability of TimeKeeper® Cloud on AWS Marketplace.  FSMLabs provides customers using TimeKeeper Cloud on Amazon Web Services (AWS) improved efficiency, scalability, and cost effectiveness for financial trading, gaming, and database applications hosted in the AWS cloud.

Challenges with cost and scalability are forcing financial trading firms to consider cloud technology, and legacy time synchronization solutions fail to meet client requirements, as it is common to see computing resources deviate from reference time by minutes per day. FSMLabs’ TimeKeeper Cloud delivers a reliable, accurate, and auditable time synchronization solution in a cloud-based environment solving complex time synchronization challenges and empowering cloud infrastructure to handle big data analytics more accurately.

TimeKeeper Cloud will synchronize a collection of cloud computing resources to one another and to an external time source. TimeKeeper’s proprietary, multiple time source technology provides cross check and failover. Virtual clusters can be cross connected for accuracy. Sub-millisecond precision is easily achieved with minimal configuration and no installation overhead.  Users can set and cross-check time and scale usage rapidly based on current computing requirements - when demand increases or decreases - to better manage capital exposure. TimeKeeper Cloud also produces a detailed traceable log that is essential to financial services customers both for due diligence and as forensic data. The traceable log is also exceptionally useful to many classes of transaction system customers for data analysis.

“Legacy synchronization technology degrades radically in cloud environments, which makes managing the operating cost of certain computing applications difficult, if not impossible,” said Victor Yodaiken, President of FSMLabs. “TimeKeeper Cloud solves this problem and allows us to bring our clients an end-to-end solution, no matter how they process their business. Sub-millisecond time synchronization is now easily available in AWS Marketplace, allowing our customers to complement the sub-microsecond time synchronization available on dedicated resources. TimeKeeper also offers a technology path for pushing synchronization accuracy in the cloud that will align with evolving customer requirements. There is an immediate need for this capability from our financial trading customers, but time synchronization opens the cloud environment to many other sorts of business applications as well.”

“We’re pleased to welcome FSMLabs to AWS Marketplace as they debut their cloud-based offering,” said Terry Hanold, Vice President, Cloud Commerce, Amazon Web Services. “We’re excited about the new AWS Marketplace Financial Services category, and love adding high-quality partners and products to our selection.”

TimeKeeper Cloud offers the same powerful web-based configuration and management tools as TimeKeeper for dedicated hosts. Users can monitor performance, easily connect to time sources, validate configuration, select notification methods and trigger conditions, and produce reports. The cloud offering is ideal for industries where timing is critical - including financial services, gaming, and databases. Visit AWS Marketplace to learn more about Timekeeper Cloud.

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About FSMLabs
FSMLabs is a technology company specializing in time-related innovation. The firm’s flagship product is TimeKeeper, the software solution of choice for a growing number of trading firms for high-precision synchronization of time data. FSMLabs has more than 14-years experience in real-time operating systems and software for industries such as finance, avionics and robotics, where time is a mission-critical resource. The company is privately held and headquartered in Austin, Texas. For more information, visit http://www.fsmlabs.com.

Media Contact
Diana Kearns-Manolatos
Articulate Communications Inc.
P: 212.255.0080, ext. 12
E: fsmlabs@articulatecomms.com

Forward-Looking Statements
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