TransFICC has upgraded to SBE 2.0 while preserving performance and ensuring backwards compatibility, halving the time taken to make protocol changes compared to SBE 1.0. New fields, new groups, and new data can be quickly added to a message while everything already connected continues to operate, and unrecognised additions are simply ignored. Larger, less frequent changes, such as removing or restructuring existing fields, are delivered as a clean new version, so nothing breaks unexpectedly.
Text-based formats consume significant CPU simply converting messages to and from text, often more than the trading logic itself. SBE 2.0’s compact binary is faster to process and smaller to transmit, so more of your capacity is available for what matters.