AMD intros accelerator card for fintech

AMD announced its new Alveo UL3524 accelerator card, a new fintech accelerator designed for ultra-low latency electronic trading applications. 

The Alveo UL3524 delivers a 7X latency improvement over prior generation FPGA technology, achieving less than 3ns FPGA transceiver latency2 for accelerated trade execution. It is powered by a custom 16nm Virtex UltraScale+ FPGA, and it features a novel transceiver architecture with hardened, optimized network connectivity cores to achieve breakthrough performance.

The new card is already deployed by leading trading firms and enabling multiple solution partner offerings.

“In ultra-low latency trading, a nanosecond can determine the difference between a profitable or losing trade,” said Hamid Salehi, director of product marketing at AMD. “The Alveo UL3524 accelerator card is powered by the lowest latency FPGA transceiver from AMD—purpose-built to give our fintech customers an unprecedented competitive advantage in financial markets.”

https://www.amd.com/en/newsroom/press-releases/2023-9-27-amd-unveils-purpose-built-fpga-based-accelerator-.html