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Tag Archives: Advanced Technology Group
Because the BetFair trading engine handles a huge number of small bets, they had to lower its cost per transaction.
Matt Carter (Director of the Advanced Technology Group at BetFair), interviewed by Silicon: Matt Carter, Betfair director of architecture and advanced technology, explained to silicon.com customer trends are moving towards a high volume of small-value bets, which, in turn, produce … Continue reading
Posted in Business, Exchanges & Markets, Market Liquidity
Tagged Advanced Technology Group, BetFair, Betfair director, director of architecture and advanced technology, Director of the
Advanced Technology Group, event derivative markets, event derivatives, FlyWheel, Matt Carter, prediction markets, Software
4 Comments
FlyWheel = BetFair’s advanced trading engine
Silicon: [...] In the end, the R&D team came up with a betting engine, called FlyWheel, that could demonstrate a throughput of almost 100,000 transactions per second, while also reducing the cost per transaction by 200 times. Even with a … Continue reading
The BetFair-TradeFair executives do foster a culture of innovation.
Inventions and Innovations at BetFair-TradeFair Rorie Devine (chief technology officer, BetFair): Innovation does not just happen. For it to happen, you must be seen to value it. To foster a culture of innovation you need to hire the right people, … Continue reading