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AMD unveils new slim form factor Alveo UL3422 accelerator card

by on16 October 2024


Trading firms, market makers, and financial institutions

AMD has announced its newest AMD Alveo UL3422 accelerator card, which is the latest addition for ultra-low latency electronic trading applications. Based on a slim form factor, it makes the Alveo UL3422 optimized for rack space, and suitable for deployment in a wide range of servers.

Based on AMD's Virtex UltraScale+ FPGA, offering ultra-low transceiver latency of less than 3s, the AMD Alveo UL3422 accelerator card brings something that AMD says is not achievable with standard off-the-shelf FPGAs. The Alveo UL3422 comes in a slim FHHL (full height, half length) form factor, which gives it both great compatibility as well as the ability to fit into a wide range of servers and exchange data centers.

The Alveo UL3422 accelerator card can be utilized in an existing infrastructure ecosystem and is supported by a growing network of ecosystem partners, including:

  • Exegy, a provider of end-to-end, front-office trading solutions, is supporting the AMD Alveo UL3422 card with its Development Framework (nxFramework). nxFramework is a hardware and software development environment designed to efficiently build and maintain ultra-low latency FPGA applications for the financial industry.
  • Hypertec, a provider of hardware, cloud, and value-added solutions for the financial services industry, has closely collaborated with AMD. The company's HF X410R-G6 server is certified to support the Alveo UL3422 accelerator, making it the first 1U server fully optimized for this card.
  • Xelera Technologies, a software provider for high-speed network technology and machine learning (ML) applications, collaborated with AMD to help overcome the latency drawback of ML algorithms in high-frequency trading. With Xelera Silva users can take advantage of real-time, ML-based trading decisions while leveraging XGBoost, LightGBM, CatBoost and other advanced models.

"Speed is the ultimate advantage in the increasingly competitive world of high-speed trading," said Yousef Khalilollahi, corporate vice president & general manager, Adaptive Computing Group, AMD. "The Alveo UL3422 card provides a lower-cost entry point while still delivering cutting-edge latency performance, making it accessible to firms of all sizes that want to stay competitive in the ultra-low latency trading space."

According to AMD, the Alveo UL3422 accelerator card is currently available and shipping in production volumes to global financial services customers.

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