"Fixed income trading is moving to electronic channels, and with the introduction of MiFID II in Europe, this trend is accelerating and the number of trading venues keeps growing. For firms to access those markets high speed integration is needed, not just for message flow but for switching on each new market as liquidity grows."
"Anyone who’s been part of building a message based multi-processing systems architecture will realise that typical message handling and distribution soon struggle at high message frequencies."
TransFICC addresses this by using 3 technologies - SBE, Aeron and Disruptor.
Take a look at the complete piece - http://www.theotcspace.com