MillenniumIT wins award for Best VLSI/Embedded Design Company

Thursday, 23 January 2014 00:00 -     - {{hitsCtrl.values.hits}}

MillenniumIT, a leading technology solutions provider, has been named the Best VLSI/Embedded Design Company from the Indian subcontinent at the Mentor Graphics and Silicon India’s Leadership Awards. MillenniumIT’s world leading systems use Field Programmable Gate Array (FPGA) as part of their technology stack. This hybrid approach gives MillenniumIT’s customers the speed and flexibility needed to meet the ultra-low latency demands of global financial markets. The technology company, part of the London Stock Exchange Group, is an early adopter of such hybrid systems for capital markets clients. MillenniumIT was recognised in the new category of Very Large Scale Integration (VLSI)/Embedded Designs. The awards, in their fourth year, honour the best companies in the VLSI / Embedded software industry. The winners were chosen by a panel of judges consisting of eminent business leaders. MillenniumIT Chief Scientist Ajit Samaranayake said: “We strive to deliver world-beating performance and believe in using the latest technology to give our clients every advantage. We are delighted that this approach has been recognised at these prestigious industry awards. It is testament to the innovation that is the hallmark of MillenniumIT.” MillenniumIT is a leading innovative trading technology business. MillenniumIT’s systems are used by exchange businesses around the world including, London Stock Exchange, Borsa Italiana, Turquoise, ICAP, the London Metal Exchange, Johannesburg Stock Exchange and a series of emerging market exchanges. MillenniumIT’s suite of capital market products include; Millennium Exchange, an ultra-low latency, highly scalable trading platform; Millennium SOR, a smart order router; Millennium Surveillance, a market surveillance and regulatory compliance system; and Millennium Depository and Millennium PostTrade, providing integrated clearing, settlement and depository functions. Founded in 1996, and headquartered in Colombo, Sri Lanka, MillenniumIT is fully owned by the international diversified exchange business, London Stock Exchange Group.